Issue - meetings

JOINT COMMITTEE - ANNUAL COSTS BUDGET

Meeting: 31/08/2018 - Swansea Bay City Region Joint Committee (Administered by Swansea Council from 1st June 2019) (Item 9)

9 JOINT COMMITTEE - ANNUAL COSTS BUDGET pdf icon PDF 204 KB

Additional documents:

Minutes:

The Joint Committee was informed that, as part of the Joint Agreement, the four participating Council had agreed that Carmarthenshire County Council would act as the Accountable Body responsible for discharging the Councils’ Obligations in relation to the Swansea Bay City Deal.

 

As part of this agreement Carmarthenshire County Council was required to provide an annual costs budget for approval as stipulated within Clause 19.

 

The Joint Committee considered the draft operational budget which included project funding contributions based on a 1.5% contribution, plus partner contributions as detailed in the report.

 

 

RESOLVED To approve the 2018/19 to 2020/21 3-year rolling budget as set out in the Joint Committee Agreement and to approve indicative budgets for the following 2 years 2021/22 and 2022/23.