Agenda item

Finance Report

To receive and consider the report of the Responsible Financial Officer (RFO).

Minutes:

The Committee received and considered the report of the Responsible Financial Officer regarding the West Witney Clubhouse renovation project and the option to tax to ensure that Value Added Tax (VAT) would be able to re reclaimed.

 

Members heard that the Council would be taking professional advice ahead of progressing further to confirm the plan. The Committee was unanimous in support.

 

Recommended:

 

1.      That, the report be noted and,

2.      That,  the Council engage professional services to advise on whether to opt-to-tax the West Witney Clubhouse and,

3.      That, a budget for professional services be set at £5,000 and

4.      That, authority be delegated to the Town Clerk/CEO to implement the above actions.