Purpose

Report
to provide an update on the undertaking’s financial position
and to recommend that the Tamar Bridge and Torpoint Ferry Joint
Committee determines a preferred option for toll revision from the
options set out in the report. 
Furthermore, the report relates to the Revenue Estimates and
Capital Programme.

Content

DECISION:
 

RESOLVED TO RECOMMEND TO FULL COUNCIL:
 
1. 
That, having considered the contents of the report,
including the responses from the public consultation, set out in
Appendix 1 to the report, an application for a toll revision based
on £3.00 cash and £1.50 TAG, be made to the Secretary
of State in accordance with the applicable
legislation.
 
2. 
That the 2024/25 Revenue Budget and Capital
Programme and the 2024/25 draft Business Plan, as set out in
Appendix 2 to the report, be approved.
 
3. 
That the longer-term forecast to 2027/28 be
noted.
 

 
Reason for the Decision: 
 
As contained within the
report.
 
Alternative options considered:
 
None other than contained
within the report.
 
Conflicts of interest declared:
 
None.
 
Dispensations granted in respect of a conflict of
interest:
 
N/A