Decision details

·        The CJC's out-turn position for 2025/26 was noted and accepted (Appendix 1), including the transfer of £1,067,414 to the reserves to fund future budgets. 

·        The Growth Deal’s out-turn position for 2025/26 was noted and accepted (Appendix 2). Due to the underspend reported, to show a neutral position for the year the use of £60,990 from the reserves which was in the budget was not needed, and an amount of £867,731 would be used from the North Wales Growth Deal grant, which is less than shown in the budget. 

·        The Growth Deal's reserves position was noted and accepted (Appendix 3).

·        To note the Growth Deal’s capital end of year review as of 31 March 2026 (Appendix 4).

·        To note and accept the Investment Zone's out-turn position for 2025/26 (Appendix 5).

·        To note and accept the Regional Skills Partnership’s out-turn position for 2025/26 (Appendix 6).

·        The above was noted and accepted subject to further reports to provide further information regarding: 

1.      The CJC's staff over the past three years and the plans in moving forward, 

2.      providing an analysis of the underspend and the use of reserves over the next few years together with the required percentage of reserves.

3.      Any financial obligations of delaying the levy for 2027-28.