Issue - meetings

Joint report of the Director of Corporate Services (Staffordshire County Council) and the

Director of Strategy and Resources (Stoke-on-Trent City Council).

The Final Outturn for 2021/22 had shown the Joint Committee’s revenue net spend was £0.761m compared to the approved budget of £0.761m which produced an overall breakeven position.

For 2022/23, the Joint Archives net spend is currently £0.074m, nearly 9% of the current net revenue budget of £0.812m. The latest forecast is for an overall breakeven position this year.

The Final Outturn for 2021/22 had shown the Joint Committees General Reserves to be £413,387 comprising:

Staffordshire County Council   £286,600

Stoke-on-Trent City Council    £124,339

Future transactions, particularly for the History Centre were expected to reduce that Reserve to £179,662 by March 2023.

The 2021/22 Acquisitions Reserve of £57,542 was expected to remain static for 2022/23. This Reserve was specifically held to provide funds should a particularly important large collection become available for purchase.

Including Art Fund Grant for Minton (£10,301) the overall Joint reserve budget 2021/22 had an outturn of £481,230, forecast to be £247,505 by 31 March 2023.

Resolved – That the Joint Archive Service Financial outturn for 2021/22 and Predicted Outturn for 2022/23 be noted.

Joint report of the Director of Corporate Services (Staffordshire County Council) and the

Director of Strategy and Resources (Stoke-on-Trent City Council).

Joint report of the Director of Corporate Services (Staffordshire County Council) and the

Director of Strategy and Resources (Stoke-on-Trent City Council).