To consider the following referrals from Cabinet:
Minute No: Date Title
7.1 CA/077/16 26 July 2016 Medium Term Financial Strategy
7.2 CA/079/16 26 July 2016 Affordable Housing Supplementary
Planning Document: Clarification Statement
Decision:
Resolved
That the following be approved:
26 July 2016
7.1 CA/077/16 MEDIUM TERM FINANCIAL STRATEGY
Decision
The following was approved:
1. The revised Medium Term Financial Strategy for the period 2016/17 – 2020/21
2. The financial projections within the 5-year Medium Term Financial Strategy
3. A General Fund savings target of £1.33 million for the 2017/18 budget-setting process;
4. A four-year General Fund savings target of £3.6 million for the duration of this Medium Term Financial Strategy;
5. A review of the Housing Revenue Account base budget and savings target be undertaken as part of the review of the HRA business plan and budget preparation cycle;
6. The Corporate Director (Finance & Operations) working with the Council’s Corporate Management Team and Portfolio Holders to deliver options that will achieve the saving targets identified within the strategy;
7. Authority be delegated to the S151 Officer, in consultation with the Budget Review Group, to consider Government’s proposed four-year Settlement, and, subject to further guidance emerging before October, to accept the offer if appropriate;
8. The Financial Planning Framework to support the budget-setting process for 2017/18;
9. The Corporate Director (Finance & Operations) be requested to revise the Medium Term Financial Strategy and re-present to Cabinet and Council for approval if material changes to forecasts are required following future Government announcements.
7.2 CA/079/16 AFFORDABLE HOUSING SUPPLEMENTARY PLANNING DOCUMENT: CLARIFICATION STATEMENT
Decision
The following was approved:
(a) Re-adopt the Affordable Housing Clarification Note as a material planning consideration in relevant planning decisions and for use in the preparation of future planning documents; and
(b) That authority is delegated to the Assistant Director, Planning, Development and Regeneration to make any necessary minor editorial changes to the current Clarification Note, prior to its re-issue.
20 September 2016
9.1 CA/096/16 BUDGET MONITORING 2016/17 - QUARTER 1
Decision
The following was approved:
Ø The revised capital programme to move slippage identified at Quarter 1 into financial year 2017/18.
Ø The supplementary budgets set out in the report to the Cabinet. Details for these supplementary budgets are set out in the body of the report and have a net nil impact on the General Fund Working Balance:
· Decrease the Corporate Improvement and Innovation Employees budget by £46k
· Decrease use of the Technology reserve by £46k
· Increase the Planning Supplies and Services budget by £100k
· Increase use of the Management of Change reserve by £100k
A supplementary Capital budget in the Housing Revenue Account of £1.05m for the Affordable Housing Development Fund, as per paragraph 7.3 of the Cabinet report
9.2 CA/097/16 TREASURY MANAGEMENT OUTTURN AND PERFORMANCE INDICATORS 2015/16
Decision
The following was approved:
That Council accept the report on Treasury Management performance in 2015/16 and the Prudential Indicators for 2015/16 actuals
9.3 CA/099/16 OPTIONS FOR PROVISION OF ATHLETICS TRACK WITHIN THE BOROUGH
Decision
The following was approved:
A capital budget of £150k to progress more detailed design and planning works for the relocation of the athletics track from Jarman Park to Longdean School
Minutes:
The referrals from Cabinet on 26 July 2016 and 20 September 2016 were submitted. It was moved by Councillor Williams, duly seconded and
Resolved
That the following be approved:
26 July 2016
7.1 CA/077/16 MEDIUM TERM FINANCIAL STRATEGY
Decision
That the following be approved:
1. The revised Medium Term Financial Strategy for the period 2016/17 – 2020/21
2. The financial projections within the 5-year Medium Term Financial Strategy
3. A General Fund savings target of £1.33 million for the 2017/18 budget-setting process;
4. A four-year General Fund savings target of £3.6 million for the duration of this Medium Term Financial Strategy;
5. A review of the Housing Revenue Account base budget and savings target be undertaken as part of the review of the HRA business plan and budget preparation cycle;
6. The Corporate Director (Finance & Operations) working with the Council’s Corporate Management Team and Portfolio Holders to deliver options that will achieve the saving targets identified within the strategy;
7. Authority be delegated to the S151 Officer, in consultation with the Budget Review Group, to consider Government’s proposed four-year Settlement, and, subject to further guidance emerging before October, to accept the offer if appropriate;
8. The Financial Planning Framework to support the budget-setting process for 2017/18;
9. The Corporate Director (Finance & Operations) be requested to revise the Medium Term Financial Strategy and re-present to Cabinet and Council for approval if material changes to forecasts are required following future Government announcements.
7.2 CA/079/16 AFFORDABLE HOUSING SUPPLEMENTARY PLANNING DOCUMENT: CLARIFICATION STATEMENT
Decision
That the following be approved:
(a) Re-adopt the Affordable Housing Clarification Note as a material planning consideration in relevant planning decisions and for use in the preparation of future planning documents; and
(b) That authority is delegated to the Assistant Director, Planning, Development and Regeneration to make any necessary minor editorial changes to the current Clarification Note, prior to its re-issue.
20 September 2016
9.1 CA/096/16 BUDGET MONITORING 2016/17 - QUARTER 1
Decision
That the following be approved:
Ø The revised capital programme to move slippage identified at Quarter 1 into financial year 2017/18.
Ø The supplementary budgets set out in the report to the Cabinet. Details for these supplementary budgets are set out in the body of the report and have a net nil impact on the General Fund Working Balance:
· Decrease the Corporate Improvement and Innovation Employees budget by £46k
· Decrease use of the Technology reserve by £46k
· Increase the Planning Supplies and Services budget by £100k
· Increase use of the Management of Change reserve by £100k
A supplementary Capital budget in the Housing Revenue Account of £1.05m for the Affordable Housing Development Fund, as per paragraph 7.3 of the Cabinet report
9.2 CA/097/16 TREASURY MANAGEMENT OUTTURN AND PERFORMANCE INDICATORS 2015/16
Decision
That the following be approved:
That Council accept the report on Treasury Management performance in 2015/16 and the Prudential Indicators for 2015/16 actuals
9.3 CA/099/16 OPTIONS FOR PROVISION OF ATHLETICS TRACK WITHIN THE BOROUGH
Decision
That the following be approved:
1. That Council approve a capital budget of £150k to progress more detailed design and planning works for the relocation of the athletics track from Jarman Park to Longdean School
Supporting documents: