Agenda and minutes

Medium Term Financial Plan 2019/20 to 2023/24, Capital Programme review and monitoring report, Cost Profiles - Benchmarking Results 2019/20, Cabinet - Wednesday, 16th October, 2019 5.00 pm

Venue: Council Chamber, Civic Centre, Poulton-Le-Fylde

Contact: Duncan Jowitt Democratic Services and Councillor Development Officer

Items
No.	Item
CAB.12	Declarations of interest Members will disclose any pecuniary and any other significant interests they may have in relation to the matters to be considered at this meeting. Minutes: None.
CAB.13	Confirmation of minutes PDF 93 KB To confirm as a correct record the minutes of the previous meeting of Cabinet. Minutes: The minutes of the meeting of 4 September 2019 were confirmed as a correct record.
CAB.14	Public questions To receive and respond to any questions from members of the public. Public questions can be delivered in writing to Democratic Services or sent by email to: democratic.services@wyre.gov.uk . Public questions for this meeting must be received by noon on Thursday ….. Questioners should provide their name and address and indicate to which Cabinet member the question is to be directed. The total period of time allocated for public questions will not normally exceed 30 minutes. Minutes: None.
CAB.15	Medium Term Financial Plan 2019/20 to 2023/24 PDF 1 MB View the background to item CAB.15 View the decision for item CAB.15 Report of the Resources Portfolio Holder and Head of Finance. Minutes: The Resources Portfolio Holder and the Head of Finance submitted a report asking Cabinet to consider the Council’s Medium Term Financial Plan for the financial years 2019/20 to 2023/24. Decision taken Cabinet considered the Medium Term Financial Plan and the consequential action required in order to address the issues resulting from the five year (current year plus four years) financial forecast, noted the revised expenditure projections incorporating the slippage from 2018/19, and the resulting impact on the level of the Council’s Reserves and Balances at 31st March 2019 and agreed the top-up and use of all Reserves and Balances as indicated in Appendix 3 to the Medium Term Financial Plan.
CAB.16	Capital Programme review and monitoring report PDF 476 KB View the background to item CAB.16 View the decision for item CAB.16 Report of the Resources Portfolio Holder and Head of Finance. Minutes: The Deputy Leader and Resources Portfolio Holder and the Head of Finance submitted a report for Cabinet to consider the summary of the Spending Officers’ (April to end August 2019) review of the 2019/20 Capital Budget and its impact on the Capital Programme thereafter. Decision Cabinet agreed that the Capital Programme and its funding be updated to reflect the changes indicated in the report and that the impact on the Revenue Budget be reflected in the Medium Term Financial Plan and future revisions of the Revenue Estimates.
CAB.17	Cost Profiles - Benchmarking Results 2019/20 PDF 388 KB View the background to item CAB.17 View the decision for item CAB.17 Report of the Resources Portfolio Holder and Head of Finance. Minutes: The Deputy Leader and Resources Portfolio Holder and the Head of Finance submitted a report asking Cabinet to consider the findings of the 2019/20 benchmarking study, a key element used to demonstrate that the council has proper arrangements in place for securing value for money. Decision taken Cabinet considered the benchmarking information and agreed to use the findings to influence future service reviews.