Board Meeting Summary
Meeting Date: Wednesday 23rd February 2022
Presentation
The Board received a presentation from the Horse Welfare Board on current activity.
Financial Modelling 2022/23 onwards
The Board discussed indicative projections of HBLB’s finances over a multi-year period.
Administrative Costs
The Board agreed the administrative costs budget for 2022/23, approving plans for the recruitment of replacement roles and a small increase in overall resources.
Regulatory Grants Monitoring
The Board received an update on regulatory and integrity grants and agreed a process for future reporting and monitoring.
Non-fixture grant applications
The Board considered a number of grant applications. Full details of approved applications will be announced in due course.
HBLB Office Location
The Board received an update on HBLB’s office location and potential plans to relocate.
Racing League Fixtures
The Board decided that Racing League fixtures in 2022 should receive full HBLB ratecard funding in 2022.