To note the Report on the Harbour Authority Outturn for 2010/11.

Members received a report setting out details of the Tor Bay Harbour Authority’s final expenditure and income figures against the budget targets for 2010/11.

The Executive Head Tor Bay Harbour Authority explained that the report reflected the best outturn figures for the Harbour for many years, which in Torquay and Paignton was down to increased income and less maintenance costs than predicted, while in Brixham the increase in income due to rising fish prices had made a major contribution.

The Committee noted and congratulated the Executive Head of Tor Bay Harbour Authority, the Brixham Harbour Master and their Team for all the work they had done in turning a small surplus of £6k in Torquay and Paignton and a deficit of £27k in Brixham into a £140k surplus in Torquay and Paignton and a £48k surplus in Brixham.