The Jedburgh Common Good Sub-Committee was scheduled to consider financial assistance applications and review the fund's financial performance. The meeting's agenda included a discussion on a monitoring report for the three months ending 30 June 2026 and a request for funding from Jedburgh Grammar Campus Parent Council.

Monitoring Report

The sub-committee was scheduled to review a monitoring report for the three months ending 30 June 2026, prepared by the Director of Finance. This report was intended to provide details of the income and expenditure for the Jedburgh Common Good Fund for that period, along with a full-year forecast for 2026/27 and high-level projections for the following two years. Appendix 1 of the report was expected to show a summary of the total income and expenditure, indicating a forecast surplus of £170,789 for the year, projected to increase to £236,869 by the end of 2028/29. Appendix 2 was to detail property expenditure, showing no expected costs over the next three years. Appendix 3 was to outline the approved grant budget for 2026/27, with £20,000 remaining available. Appendix 4 was to present the value of the Aegon Asset Management Investment Fund at 30 June 2026, which stood at £1,017,770, with a forecast investment income of £48,589 for the year. The report also noted that a loan to Jedburgh Golf Club, with repayments expected to commence in November 2027, was included in the forecasts.

Applications for Financial Assistance

A request for financial assistance from the Jedburgh Grammar Campus Parent Council was scheduled for consideration. The Parent Council sought funding for a community vending machine to be installed in the Jedburgh Grammar Campus central atrium. The stated aim was to generate profit for the Parent Council to assist with school projects, such as transport for school trips, additional resources, and staff training. The application highlighted that the vending machine would be stocked in accordance with the standards set by the Nutritional Requirements for Food and Drink in Schools (Scotland) Regulations 2020. The Parent Council indicated they would be responsible for maintaining the machine, stocking it, and covering the monthly payment service fee. The total expenditure for the project was £2,400, with the Parent Council requesting the full amount from the Common Good Fund. The application also detailed the Parent Council's activities, which include supporting the school, representing parents' views, and fundraising.

The sub-committee's previous meeting minutes, specifically from 29 June 2026 and 25 May 2026, were also to be reviewed. These minutes detailed past discussions and decisions, including a £10,000 grant awarded to the Jedburgh Tourism Alliance for the 2026/2027 Tourism Season and a grant of £3,120 to the Jethart Callant's Festival towards the cost of a mounted parade for the King's visit. The minutes also referenced a previous discussion regarding the potential re-investment of £100,000 into the Aegon fund. The Action Tracker was also to be reviewed, which would provide an update on the progress of actions agreed in previous meetings.