Issue - meetings

Surrey Educational Trust

Meeting: 09/10/2013 - Leader Decisions (Item 4.)

4. Surrey Educational Trust pdf icon PDF 45 KB

In February 2013, the Council received a dividend of £559,000 from Babcock 4S Ltd for the financial year 2011/12. A decision is required as to whether the Council wishes to allocate any of this dividend to the Surrey Educational Trust. 

Decision:

That the Council grants £250,000 of the 2011/12 dividend received from the joint venture Babcock 4S to the Surrey Educational Trust be approved.