Issue - meetings

Finance and Resources

To review the financial performance of Project Enterprise activities in the 2021/22 financial year.

Resolved:

That the outturn position for Project Enterprise investments in 2021/22 be noted.

Consideration was given to a report of the Finance and Resources Portfolio Holder which summarised the return on investment made during the 2021/22 financial year from Project Enterprise projects.

The amount of investment in completed Project Enterprise acquisitions at 31 March 2022 was £29.602M, of which £255,000 related to projects that were completed in 2021/22. Two further development projects had been approved, with the first expected to reach practical completion by summer 2022.

Having considered the options and for the reasons set out in the report, Cabinet agreed to the following:

Resolved:

That the outturn position for Project Enterprise investments in 2021/22 be noted.