National Armed Forces Day budget signed off by Scarborough Cabinet: here's how much will be put aside for the event

The high-profile event, which is expected to attract members of the Royal family, the Prime Minister and other government ministers to the town, will take place on June 27 2020.

Preparations to ensure the smooth running of the event are already taking place.

A report prepared for today's Cabinet meeting says: "In order to progress the planning arrangements for Armed Forces Day 2020 it is noted that the final anticipated spend for the event will be approximately £557,000.

“It is however anticipated that a proportion of the overall expenditure will be recovered through Ministry of Defence funding, charity sponsorship, event sponsorship and other smaller funding sources, which will reduce the council’s financial contribution to the event.

“An extensive sponsorship campaign has commenced and monies to a value of approximately £110,000 have already been pledged.

“Interest in sponsoring the event is strong and it is prudently anticipated that a total of £257,000 will ultimately be achieved from sponsorship opportunities, reducing the council’s estimated net funding requirement for the event to £300,000.”

A series of events in the build up to the event are also being organised. These could include a parade of around 800 children and concerts at the Open Air Theatre.

Cllr Tony Randerson (Lab), Cllr Liz Colling (Lab) and Cllr Janet Jefferson (Ind) all praised the benefits the event could bring to the borough and said they were keen to support it.

"It's one of the best events that Scarborough and Yorkshire has ever held, certainly in my lifetime," said Cllr Randerson.

Crowds of around 100,000 are expected to visit Scarborough for the celebrations which will include a display by the Red Arrows and a parade of more than 1,000 active and retired service personnel.