Issue - meetings

Asset Disposals and Capital Receipts Generated 2022/23

Meeting: 22/11/2023 - Governance and Audit Committee (Item 42)

42 Asset Disposals and Capital Receipts Generated 2022/23 pdf icon PDF 100 KB

Additional documents:

Decision:

That the report be noted.

Minutes:

The Chief Executive presented the annual report summarising land disposals and realisation of capital receipts during 2022/23 with comparison data from previous years shown.

 

As requested by the Chair, he provided information on reporting arrangements for determining asset disposals.

 

When asked by Councillor Andrew Parkhurst about achieving best value, the Chief Executive spoke about consideration of independent valuation advice in conjunction with the services of in-house qualified valuation officers.  As requested, details of the disposals summarised in the appendix would be shared with the Committee on a confidential basis.

 

The recommendation was moved and seconded by Councillors Ted Palmer and Bernie Attridge.

 

RESOLVED:

 

That the report be noted.