Issue details

Variation to West Mercia Energy Joint Agreement

 

 

This report recommends to Cabinet and seeks approval that the Joint Agreement be varied to update the formulae for the distribution of the accumulated surplus each year.

 

The proposed new method ensures that if one Member Authority decides to adjust their margin compared to the other Member Authorities, then the impact is solely on the Member Authority making the change.

 

The Joint Agreement includes the provision that accumulated surpluses identified for distribution are allocated to Member Authorities each year.

 

Decision type: Non-key

Decision status: Recommendations Approved

Wards affected: (All Wards);

Notice of proposed decision first published: 12/08/2021

Decision due: 16 September 2021 by Cabinet

Lead member: Cabinet member commissioning, procurement and assets, Cabinet member finance, corporate services and planning

Lead director: Assistant Director for Regulatory, Environment and Waste Services (Historic)

Department: Economy and Place (Historic)

Contact: Ben Boswell, Head of environment, climate emergency and waste services Email: bboswell@herefordshire.gov.uk Tel: 01432 261930, Richard Vaughan, Sustainability & Climate Change Manager Email: Richard.Vaughan@herefordshire.gov.uk Tel: 01432 260192.

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