39 ITEMS REFERRED FROM OTHER COMMITTEES PDF 36 KB
Any Items referred from other committees will be circulated as soon as they are available.
Additional documents:
Decision:
(A) Item Referred from Cabinet – 30 July 2019 - Risk Management Update
RESOLVED: That the Annual Report on Risk and Opportunities be considered and noted.
REASON FOR DECISION: To enable Council to consider the Annual Report on Risk Management.
(B) Item Referred from Cabinet – 30 July 2019 – Meduim Term Financial Strategy 2020 - 2025
RESOLVED: That the Medium Term Financial Strategy 2020 – 2025 be adopted.
REASON FOR DECISION: Adoption of a MTFS and communication of its contents would assist in the process of forward planning the use of Council resources and in budget setting for 2020/2021 to 2024/2025, culminating in the setting of the Council Tax precept for
2020/21 in February 2020.
Minutes:
Audio recording – Start of Item – 12 minutes 52 seconds
(A) Item Referred from Cabinet – 30 July 2019 - Risk Management Update
The Executive Member for Finance and IT presented the referral from Cabinet regarding the Risk Management Update including the following documents:
· Referral from Finance, Audit and Risk Committee considered by Cabinet 30.07.19
· Report considered by Cabinet 30.07.19;
· Appendix A - New Risk Anti Social Behaviour;
· Appendix B - Annual Report on Risk Management.
Cabinet recommended to Council: That the Annual Report on Risk and Opportunities be considered and noted.
The Executive Member for Finance and IT drew attention to:
· Section 3 – Changes to Risk;
· Section 6 – Business Continuity.
He thanked officers for the work undertaken during 2018/19 and advised Members of the challenges for the upcoming year.
It was proposed by Councillor Ian Albert, seconded by Councillor Kate Aspinwall and:
RESOLVED: That the Annual Report on Risk and Opportunities be considered and noted.
REASON FOR DECISION: To enable Council to consider the Annual Report on Risk Management.
(B) Item Referred from Cabinet – 30 July 2019 – Meduim Term Financial Strategy 2020 - 2025
The Executive Member for Finance and IT presented the referral from Cabinet regarding the Medium Term Financial Strategy including the following documents:
· Referral from Finance, Audit and Risk Committee considered by Cabinet on 30.07.19;
· Report considered by Cabinet 30.07.19;
· Appendix A - Medium Term Financial Strategy 2020-25 (As amended).
Cabinet recommended to Council: That the Medium Term Financial Strategy 2020-25 as attached at Appendix A be adopted.
The Executive Member for Finance and IT drew attention to:
· The Strategy had been reviewed by Finance, Audit and Risk before being considered by Cabinet;
· The Council was required to set a balanced budget;
· Paragraphs 2.5 to 2.17 set out the assumptions made;
· Since the report was written some further information had been received;
· The spending review had clarified some of the uncertainty for next year, although now pushed that uncertainty to the following year;
· Funding would not be reduced due to the negative support grant;
· For one year the Council would have more funding than had been estimated;
· The limit on Council Tax increases would likely be 2 percent rather than the current 3 percent;
· Homelessness funding was welcome, but not a significant amount;
· The Council needed to consider how to manage the one off benefit;
· Officers still needed to identify savings;
· It may be necessary to build in impacts regarding Brexit;
The Executive Member for Finance and IT thanked officers for their help.
The following Members took part in the debate:
· Councillor David Levett;
· Councillor Richard Thake.
It was proposed by Councillor Ian Albert, seconded by Councillor Sam North and:
RESOLVED: That the Medium Term Financial Strategy 2020 – 2025 be adopted.
REASON FOR DECISION: Adoption of a MTFS and communication of its contents would assist in the process of forward planning the use of Council resources and in budget setting for 2020/2021 to 2024/2025, culminating in the setting of the ... view the full minutes text for item 39