West Lothian Xcite centres win financial lifeline

dailyrecord.co.uk:

Council bosses have agreed to guarantee financial backing for the local authority’s arm’s length leisure trust West Lothian Leisure as it battles back to strength from pandemic closure.The council’s executive – at its first new-style hybrid meeting in Livingston’s Civic Centre –agreed a letter of comfort to auditors Azure to guarantee that the trust will remain in credit at all times.Officers rejected a suggestion by SNP depute leader Robert De Bold that the council was providing a “blank cheque” to the trust, which maintains sports and leisure facilities, which were once under direct management of West Lothian Council.

The executive agreed 2022 to 2023 core revenue funding of £1.840 million for WLL earlier this year. In addition, the council approved the 2022 to 2023 Revenue Budget, which includes an additional £1.5 million to help WLL cope with the continuing impact resulting from Covid-19.In a report to the committee, director of finance Donald Forrest said: “WLL’s performance remains uncertain particularly as a result of the impact of the cost of living crisis and increased gas and electricity prices, leading to a potential reduction in revenue, as levels of disposable income fall, alongside significantly increased costs.“WLL is in the process of re-assessing its 2022 to 2023 budget based on the first quarter of 2022 to 2023 performance but this is not currently available.”It added: “Given WLL’s current financial position, WLL advised the council during June 2022 that Azure, WLL external auditors, asked that a ‘letter of comfort’ similar to that given by the council in relation to the 2020 to 2021 audit process be provided by the council to WLL in relation to the 2021 2022 audit process with this letter stating that