Agenda and draft minutes

Medium Term Financial Plan / Capital Programme Review & Monitoring / Cost Profiles - Benchmarking Results, Cabinet - Wednesday, 18th November, 2020 5.00 pm

Venue: Remote Access via Webex

Contact: Duncan Jowitt  Democratic Services and Councillor Development Officer

Link: watch on Youtube

Items
No. Item

CAB.1

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.2

Confirmation of minutes pdf icon PDF 230 KB

To confirm as a correct record the minutes of the previous meetings of Cabinet.

Additional documents:

Minutes:

The minutes of the Cabinet meetings of 25 March 2020 and 22 April 2020 were confirmed as a correct record.

CAB.3

Public questions

To receive and respond to any questions from members of the public.

 

Public questions for Cabinet may be submitted at any time by writing to Democratic Services or via email democratic.services@wyre.gov.uk. Public questions for this meeting must be received by noon on the Thursday before the meeting is held and do not need to specifically relate to items on this agenda. 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.4

Medium Term Financial Plan 2020/21 to 2024/25 pdf icon PDF 734 KB

Report of the Corporate Director Resources (s.151 Officer)

Minutes:

The Resources Portfolio Holder and the Corporate Director Resources (s.151 Officer) submitted a report asking Cabinet to consider the council’s Medium Term Financial Plan for the financial years 2020/21 to 2024/25.

 

Decision

 

Cabinet

 

·       considered the Medium Term Financial Plan and the consequential action required in order to address the issues resulting from the five year Financial Forecast (current year plus four years),

·       noted the revised expenditure projections incorporating the slippage from 2019/20 and the resulting impact on the level of the council’s Reserves and Balances at 31 March 2020 and

·       agreed the top-up and use of all Reserves and Balances, as indicated in Appendix 3 of the report, to the Medium Term Financial Plan.

CAB.5

Capital Programme Review and Monitoring Report (mid year) pdf icon PDF 823 KB

Report of the Corporate Director Resources (s.151 Officer)

 

Minutes:

The Resources Portfolio Holder and the Corporate Director Resources (s.151 Officer) submitted a report asking Cabinet to consider the review of the 2020/21 Capital Programme and progress of schemes for the six month period covering April 2020 through September 2020 undertaken by spending officers, noting amendments to the Capital Programme since last reported to Cabinet, and the financial impact over the term of the Programme through to the end of 2024/25.

 

Decisions

 

Cabinet agreed that

 

·       the 2020/21 Capital Programme, and its funding, totalling £11,622,520 be approved, noting the following specific amendments:

Ø  £75,000 additional expenditure on Disabled Facilities Grants in 2020/21, following an additional funding contribution from Regenda,

Ø  re-classification of some Rossall Seawall Improvement works relating to ongoing monitoring from capital to revenue, with corresponding movements reflected in funding.

·       the Capital Programme over the term through to the end of 2024/25 totalling £21,332,179 be approved.

·       the progress of, and expenditure incurred on, capital schemes for the first six months of the 2020/21 financial year be noted.

CAB.6

Cost Profiles - Benchmarking Results 2020/21 pdf icon PDF 903 KB

Report of the Corporate Director Resources (s.151 Officer)

Minutes:

The Resources Portfolio Holder and the Corporate Director Resources (s.151 Officer) submitted a report asking Cabinet to consider the findings of the 2020/21 benchmarking study, a key element used to demonstrate that the council has proper arrangements in place for securing value for money.

 

Decision

 

Cabinet considered the benchmarking information and agreed to use the findings to influence future service reviews.