Decision details

The Head of Fund presented a report on the LCPF one year budget for the year ending 31^st March 2019 and informed the Committee that whilst it was difficult to estimate with any degree of accuracy the income due to the Fund and costs associated with the investment activities of the Fund, historic trends and current run-rates had been taken into consideration where appropriate when preparing the budget.

Resolved: That the LCPF budget for the year ended 31^st March 2019, as set out at Appendix 'A' to the report presented is noted and approved.