The General Optical Council met yesterday (March 24) to discuss its budget, communication to the devolved administrations and a review of its performance.
In the year to March 31 2011 a surplus of £880,792 was expected, but income to the GOC next year would fall by 15.6 per cent to £5.46m as a result of reduced registration fees (News 03.12.10).
Massive cost cuts at the Council have reduced spending, leaving an expected deficit in 2011/12 of just £16,381 on the £5.48m budget.
The GOC also laid out plans for additional roles for its central office, including the proposal that the chief executive's office provide a central communications and support role for those working under the devolved administrations.
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