Agenda and minutes
Venue: Remote Meetings - livestream on Youtube
Contact: Eric Dickinson/Alison McEwan Democracy Officers
Media
No. | Item | |
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One Minute Silence in memory of former Liberal Democrat Councillor, Tom Porter Minutes: A one minute silence was observed in memory of former Liberal Democrat Councillor, Tom Porter who had sadly passed away that day. |
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Apologies To receive any apologies for absence. Minutes: No apologies had been received. |
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To approve as a correct record the Minutes of the meeting held on xx 2017 Minutes: The minutes of the previous remote meeting held on Thursday, 9th July 2020 were approved as a correct record. |
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Additional Items of Business To determine whether there are any additional items of business which, by reason of special circumstances, the Chair decides should be considered at the meeting as a matter of urgency.
Minutes: There were no additional items of business. |
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Declaration of Interest In accordance with the Regulations, Members are required to declare any personal or personal and prejudicial interests they may have and the nature of those interests in respect of items on this agenda and/or indicate if S106 of the Local Government Finance Act 1992 applies to them.
Minutes: There were no declarations of interest. |
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Exclusion of the Public To determine during which items, if any, the public are to be excluded from the meeting.
Minutes: There were no items of business requiring the public to be excluded from the meeting. |
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Right To Speak To consider questions, statements or petitions from Members of the Public Minutes: No request to speak had been received. |
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Annual Treasury Management Report Review of 2019/20 Activity PDF 599 KB To inform Members of the Council`s treasury management activity during 2019/20. Additional documents: Minutes: Purpose
To inform members of the Council’s treasury management activity during 2019/20.
Reason for Decision
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2019/20 Final Capital Outturn Position PDF 156 KB 1. To report to Members on the performance of the 2019/20 capital investment programme and present the financing of capital expenditure incurred during 2019/20; and
2. To seek approval of a revised 2020/21 capital budget after incorporating net carry forward commitments (slippage) from 2019/20. Additional documents:
Minutes: Purpose
1. To report to the Executive on the performance of the 2019/20 capital investment programme and present the financing of capital expenditure incurred during 2019/20; and 2. To seek approval of a revised 2020/21 capital budget after incorporating net carry forward commitments (slippage) from 2019/20.
Reason for Decision
To conclude the capital budget monitoring process for 2019/20 and report the final outturn position as outlined in the Council`s Statement of Accounts for 2019/20; and
To increase the 2020/21 Council capital programme for amounts carried forward from 2019/20 and other budget adjustments as shown in Appendix 3 of the report.
Decision
That the Executive recommend that Full Council approve:
1. The final position on capital spending and financing of £14,026m for 2019/20 as shown in Appendices 1 and 2, which equates to 90% of the final resources position; and 2. The revised capital budget for 2020/21 totalling £20.874m as outlined in Appendix 3, (including net carry forward of £1.406m). |
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Revenue Monitoring Report 2020/21 - Quarter 1 (to 30 June 2020) PDF 690 KB 1. To report the forecast outturnposition for the year as at 31 March 2021 based upon actual spending and income to 30 June 2020; and
2. Members are asked to note the financial impact of the Coronavirus pandemic as can be seen in paragraph 5. In view of these exceptional times the revenue monitoring position is uncertain. Additional documents: Minutes: Purpose
1. To report the forecast outturnposition for the year as at 31 March 2020 based upon actual spending and income to 30 June 2020; and 2. The Executive is requested to note the financial impact of the Coronavirus pandemic as detailed in paragraph 5 of the report and that in view of these exceptional times, the revenue monitoring position is uncertain.
Reason for Decision
To give consideration to the level of revenue spending and income 2020/21 as part of the effective governance of the Council and to ensure that appropriate management actions is taken to ensure a balanced financial position.
Decision
That the Executive:
1. Note the projected recenue budget forecast position of a net overspend of £2.7m, as summaried in table 1 and detailed in Appendix 1; and 2. Note that Officers are continuing to work on a number of options to mitigate the potential financial impact and bring forward options for decision as appropriate; 3. Note that the Council, along with other District Councils and industry groups continue to lobby Central Government for additional funding; and 4. Note that further income compensation is to be received. Where these income losses are more than 5% of a Council`s planned income from sales, fees and charges, the Government will cover them for 75 in every pound last (as detailed in paragraph 11 of the report). 5. Seek approval from Full Council for the latest revised net budget of £15.693m as shown in Table 1 of the report; and 6. Seek approval from Full Council for the net transfers to earmarked reserves of £1.703m as shown in appendix 2 as attached to the report. 7. |
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Capital Monitoring Report 2020/21 - Quarter 1 (to 30 June 2020) PDF 253 KB To provide Members with an update on capital expenditure and the resources position along with highlighting any variances. Additional documents:
Minutes: Purpose
To provide the Executive with an update on capital expenditure and the resources position along with highlighting any variances.
Reason for Decision
To effectively manage the 2020/21 capital programme.
Decision
That the Executive:
1. Recommend to Full Council, approval of net budget changes totalling a decrease of £1,758,987 giving a revised capital budget for 2020/21 totalling £19,115,145 as detailed in Appendix 1 of the report; and 2. Recommend to Full Council, approval of the proposed financing of the revised capital budget totalling £19,115,145 as shown in Appendix 2; and 3. Note the lastest estimated year end position on capital receipts and contributions showing an assumed balance of £946,774 at 31 March 2020 as shown in Appendix 3 of the report.
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Strategic Risk Register PDF 217 KB To present the Executive with a Strategic Risk Register. Additional documents: Minutes: Purpose
1. To present the Executive with a Strategic Risk Register; and 2. To seek approval of the Strategic Risk Register.
Reason for Decision
The Executive is required to approve the Strategic Risk Register (as attached to the report at appendix 1) pursuant to the Risk Management Strategy.
Decision
That the Executive approves the Strategic Risk Register. |