The Kelso Common Good Sub-Committee is scheduled to meet on Tuesday 15 September 2026. The meeting's agenda includes a review of financial monitoring reports, consideration of a quote for maintenance work at Pinnaclehill, and a review of previous minutes.

Financial Monitoring Report

A key item scheduled for discussion is the Monitoring Report for the three months ending 30 June 2026, prepared by the Director of Finance. This report will provide details on the income and expenditure for the Kelso Common Good Fund for the specified period, along with forecasts for the current financial year and the subsequent two years. Appendix 1 of the report outlines the total income and expenditure, projecting a surplus of £39,208 for the year, with an anticipated increase to £68,813 by the end of the 2028/29 financial year. Appendix 2 details property expenditure, with £4,000 forecast for Pinnaclehill Woodland during the remainder of the year. Appendix 3 covers the approved grant budget for 2026/27, indicating £1,750 remains available. Appendix 4 presents the status of the Aegon Asset Management Investment Fund, valued at £358,372 as of 30 June 2026, with a forecast investment income of £17,170 for the year. The report notes a risk of investment value reduction due to market performance, which is being managed by the Fund Manager's objective of capital preservation and benchmark-aligned returns. The report also touches upon positive impacts on the economy, community life, local amenities, and the sustainability of the Common Good Fund through investment income.

Maintenance of Boundary Fence at Pinnaclehill

The committee is also scheduled to consider a quote for painting the boundary fence at Pinnaclehill. A document from Dave Berry, dated 28 August 2026, provides an estimated cost of £335.00 for this work, including secure fence posts. The quote is stated to be time-sensitive, with prices subject to change after two months.

Minute and Action Tracker Review

The meeting will also involve reviewing the minutes from the previous Kelso Common Good Sub-Committee meeting held on 23 June 2026. Attendees will consider the accuracy of these minutes and review the Action Tracker, which details ongoing tasks and their progress. The previous minutes noted discussions regarding the draft budget for 2026/27, financial assistance for Elsa Dalziel's participation in a Girlguiding project in Nepal, and the registration of a commissioned brooch as a Common Good asset. The Action Tracker indicates that the payment for Elsa Dalziel's assistance is to be made, and legal advice is being sought regarding the brooch. Progress on the Croft Park toilet block project, involving Kelso Rugby Club, is also noted as ongoing.