South Ayrshire Council is set to include dozens of common good properties in an en masse review of council owned estates.Last December, the council agreed to sell the Darlington Church to an arts group for £1 without seeking court approval, as had previously been advised.It claimed that the property was an 'investment asset' which did not face the same sale restrictions as monuments and public assets.Now, the future of more than 60 'investment assets' looks to be less secure as councillors prepare to include them as part of a broader review of the council's estates.Councillors on SAC Leadership Panel will consider proposals last Tuesday, having heard a report which paints a picture of a dwindling cash held in common good reserves, mostly in Ayr.Vote for your Ayrshire Live Pub of the Year in the form belowCurrent policy means that repairs and maintenance of common good property is covered by these reserves.The amount of capital and revenue reserves has been on the decline in recent years, with £400k work on Rozelle House, expected to take a large chunk of the remaining £939k capital balance of Ayr Common Good Fund.The report to the Leadership Panel states that Ayr Common Good Fund has assets totalling £13.472m.
The remaining funds in Prestwick, Troon, Maybole and Girvan bring this up to just over £14m.In his report, Tom Burns, service lead for asset management, states: "The strategic objectives for the Common Good Fund are to:"The management and maintenance of Common Good Fund land and buildings assets is subject to the level of funding which is available within each Common Good Fund."This poses issues for future maintenance costs of Common Good in relation to the amount of money available in each of the Common Good
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