The Coldstream Common Good Fund Sub-Committee of Scottish Borders Council met on 26 June 2024 to discuss financial monitoring, grant applications, and maintenance projects. Key decisions included the approval of funding for local community projects and the allocation of resources for the upkeep of public spaces.

Financial Monitoring Report

The committee reviewed the Coldstream Common Good Financial Monitoring report to 31 March 2024. The report detailed the financial performance of the fund, highlighting a surplus due to lower-than-expected maintenance costs and higher income from investments. Councillors discussed the importance of maintaining a healthy reserve to ensure the sustainability of future projects.

Grant Applications

Several grant applications were considered during the meeting. The committee approved funding for the Coldstream Community Centre to upgrade its heating system, citing the benefits to local residents, especially during the winter months. Additionally, a grant was awarded to the Coldstream Youth Project for organising summer activities aimed at engaging young people in the area. Councillors emphasised the positive impact of these initiatives on community well-being.

Maintenance Projects

The committee discussed ongoing and upcoming maintenance projects, including the refurbishment of Henderson Park. The park's play area will receive new equipment, and pathways will be resurfaced to improve accessibility. Councillors noted that these improvements align with the council's commitment to enhancing public spaces and promoting outdoor activities.

Other Business

In other business, the committee briefly touched on the success of recent community events funded by the Coldstream Common Good Fund. Councillors expressed their satisfaction with the positive feedback from residents and the increased sense of community spirit.

For more details, you can refer to the Public reports pack and the Agenda frontsheet.