Agenda and minutes

Finance Scrutiny Committee - Tuesday, 9th February, 2021 6.45 pm, NEW

Contact: Member Services  01768 817817

Items
No. Item

BPc/48/02/21

Apologies for Absence

Minutes:

There were no apologies for absence received. 

BPc/49/02/21

Minutes

To sign:

1.            the public minutes BPc/40/01/21 to BPc/47/01/21 of the meeting of this Committee held on 14 January 2021; and

2.            the private minute BPc/47/01/21 of the meeting of this Committee held on 14 January 2021

as a correct record of those proceedings (copies previously circulated).

Minutes:

It was noted that a correction to the minutes was required, in that Councillor Nicolson had not been present at the meeting although he was listed as being present. 

In addition, the Committee questioned how Members’ requests in respect of the resolution at Minute BPc/43/01/21 (Budget Proposals 2021/2022 and Impact on Medium Term Financial Plan) would be conveyed to the Executive.  The Interim Director of Corporate Services reported that the Executive would consider them together with all consultation responses in advance of discussing the Budget at its meeting on 16 February 2021, and before making its final Budget proposals to Council.  Members requested that reporting procedures from the Committee to the Executive be reviewed, and the Interim Director of Corporate Services said that he would convey the Committee’s views to the Monitoring Officer. 

RESOLVED that, subject to the amendment of the minutes to reflect that Councillor Nicolson had given his apologies for the meeting:

1.            the public minutes BPc/40/01/21 to BPc/47/01/21 of the meeting of this Committee held on 14 January 2021; and

2.            the private minute BPc/47/01/21 of the meeting of this Committee held on 14 January 2021; and

3.                  the Committee’s views on reporting procedures to the Executive be conveyed to the Monitoring Officer for review.

BPc/50/02/21

Declarations of Interest

To receive any declarations of the existence and nature of any private interests, both disclosable pecuniary and any other registrable interests, in any matter to be considered or being considered.

Minutes:

Councillor Eyles gave a personal explanation in that he was recording the meeting for his own use. 

BPc/51/02/21

Any Other Items Which the Chairman Decides are urgent pdf icon PDF 246 KB

Quarter 3 – Budget Monitoring 2020/21 & Medium Term Financial Plan

To consider report F9/21 from the Interim Director of Corporate Services which is attached and which summarises the Council’s current Revenue and Capital position and full year projections for the third quarter 2020/21.

RECOMMENDED that the Budget Planning Committee review the projected revenue and capital position at December 2020 and make any comments to Executive.

Additional documents:

Minutes:

The Chairman agreed to change the order of business, putting Agenda Item 5 (Any Other Items which the Chairman Decides are Urgent) ahead of Agenda Item 4 (Revenue and Capital Budget 2020/21).  This was because consideration of the Quarter 3 Budget Monitoring 2020/21 and Medium Term Financial Plan (MTFP) was required under Urgent Business, and it fed into the information provided in the Revenue and Capital Budget and MTFP. 

 

The Committee then proceeded to consider the Interim Director of Corporate Services’ report F9/21 which summarised the Council’s current revenue and capital position and the full year projections for the third quarter of 2020/21. 

 

Proposed by Councillor Eyles;

Seconded by Councillor McCall; and

 

RESOLVED that the projected revenue and capital position at December 2020 be noted. 

BPc/52/02/21

Revenue and Capital Budget 2020/21 and Medium Term Financial Plan (MTFP) pdf icon PDF 268 KB

To consider the report from the Interim Director of Corporate Services which is attached and which seeks to update Members on responses to the Council’s Budget Consultation, which was published on 20 January 2021, and to update the savings targets to be set through the One Eden Transformation Programme to deliver a balanced budget at the Council meeting on 25 February 2021.

RECOMMENDATION that the Budget Planning Committee:

1.            note the report; and

2.            note the recommendations and to make any comments to the Executive. .

Additional documents:

Minutes:

The Committee considered report F8/21 of the Interim Director of Corporate Services, which considered responses to the Council’s Budget Consultation, published on 20 January 2021.  The report also updated the savings targets to be set through the One Eden Transformation Programme to deliver a balanced budget at the Council meeting to be held on 25 February 2021.  The Council was required to produce a balanced budget for 2021/22 as the basis for calculating its level of Council Tax.  The budget would be based on Corporate Plan priorities and service delivery requirements estimated for the year, recognising any changes in service demand that might arise in future years.

 

Proposed by Councillor McCall;

Seconded by Councillor Eyles; and

 

RESOLVED that the report be noted. 

BPc/53/02/21

Date of Next Scheduled Meeting

The next scheduled meeting of this Committee will be confirmed at the Annual Council meeting.

Minutes:

The next scheduled meeting of the Budget Planning Committee was confirmed as Tuesday 8 June 2021 at 6.45 pm.