Agenda item

SH.06/15        

The Harbour Master presented a report that advised Members of the Harbour’s final trading position in 2014/15 together with brief details of the main variations from the original budget.  A summary of harbour reserves and balances was also provided.

The Harbour Master went through the report, and particular reference was made to the list of variations which he explained in more detail.  Examples included savings being made by running the invoices by email, savings on staffing by reducing overtime and savings from more effective maintenance.  He also advised that a number of budget elements would be refined for 2015/16.

During discussion, reference was made to concerns regarding the wall located on the Quay at Kingsbridge, which would require monies being spent on it, and to the level of Reserves.  On the whole, Members felt that the amount of the Reserves was right, and several Members stated that the levels of Reserves should not fall below the current level.

It was then:

RESOLVED

That the final accounts for 2014/15 be noted.