| 89 |
APOLOGIES FOR ABSENCE.
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| 90 |
TO APPROVE AS A CORRECT RECORD THE MINUTES OF THE MEETING HELD ON 14 JANUARY 2010.
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RESOLVED:
That the minutes of the above meeting, having been circulated, be approved as a correct record and signed by the Chairman subject to the sum in the second bullet point of minute 61 being amended to £198,600.
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| 91 |
DECLARATION OF INTERESTS.
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| 92 |
QUARTERLY BUDGET MONITORING, PERFORMANCE DIGEST & VIREMENT REPORT
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RESOLVED:
1. To approve the changes to Improvement Action targets as detailed in paragraph 3.10 of the report, as an amendment to the agreed Council Plan.
2. To note the General Fund Revenue Budget at paragraph 4.3 and the changes included within Appendix 2.
3. To approve the budget changes of £50,000 & below.
4. To note the budget changes in the General Fund above £50,000 as listed below, and refer them to Council for approval
o Connecting Communities Grant received from DCLG (£75,000)
(net nil - matched by expenditure)
o Safer & Stronger Communities Grant to be administered by Broxtowe Borough Council £88,300
(net nil - matched by expenditure)
o Additional Planning Delivery Grant (£74,600)
o Anticipated costs of Planning Appeal £60,000
5. To note the position of the Housing Revenue Account at paragraph 4.2, the changes included within Appendix 2, and refer them to Council for approval.
6. To note the capital schemes proposed for deferral, the capital savings identified, and the additions to budgets as detailed in paragraph 4.4, and to refer those changes in excess of £50,000 to Council for approval.
7. To note the virements as detailed in Appendix 4.
8. To include details of budget and performance monitoring in a quarterly performance digest, to be published on the Council's website and Intranet; in line with the recommendations of Performance Review Scrutiny Committee.
9. To forward the Quarterly Budget Monitoring Information to the Personnel and Resources Committee.
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| 93 |
PRUDENTIAL CODE INDICATOR MONITORING 2009/10 AND QUARTERLY TREASURY ACTIVITY REPORT
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RESOLVED:
To note the Prudential Indicator Monitoring at Appendix 1, and the Treasury Activity Report at Appendix 2 to the report.
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| 94 |
TREASURY MANAGEMENT STRATEGY STATEMENT AND ANNUAL INVESTMENT STRATEGY 2010/2011
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RESOLVED:
To recommend to Council:-
1. The formal adoption of the revised CIPFA Code of Practice, and the revised Treasury Management Policy Statement as set out in the report.
2. The delegation to Cabinet of responsibility for the implementation and regular monitoring of the Council's treasury management policies and practices, and the delegation to the Head of Corporate Services of responsibility for the execution and administration of treasury management decisions in accordance with the organisation's policy statement, TMPs and CIPFA's Standard of Professional Practice on Treasury Management.
3. The delegation to the Audit Committee of responsibility for ensuring effective scrutiny of the treasury management strategy and policies.
4. The approval of the Treasury Management Strategy Statement and Annual Investment Strategy (TMSS and AIS) for 2010/11 to 2012/13 as detailed in the report.
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| 95 |
MINIMUM REVENUE PROVISION POLICY STATEMENT 2010/11
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RESOLVED:
To recommend that Council adopt the MRP Policy Statement for 2010/11 as detailed in paragraph 3 of the report.
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| 96 |
CAPITAL PROGRAMME 2010/11
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RESOLVED:
1. To recommend to Council that:
i) The capital financing available for 2010/11 be noted;
ii) The likely resources available for 2011/12 and 2012/13 be noted;
iii) The Capital Programme for 2010/11 at Appendix 1 be approved.
2. To formally agree the list of Public Realms Works schemes for 2010/11 at Appendix 3 as previously reported, and to authorise the Head of Strategy and Performance to determine the final schemes for delivery from that list, up to a maximum budget of £550,000.
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| 97 |
COUNCIL PLAN 2010/11 (INCLUDING GENERAL FUND REVENUE BUDGET AND SERVICE PLAN)
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RESOLVED:
To recommend to Council on 3 March 2010:
i. a Council Tax increase of 2% in order to balance the financing of a Net Budget Requirement of £14,703,400 in 2010/11.
ii. the approval of the detailed budgets and service plans for 2010/11.
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| 98 |
MEMBERS' QUESTIONS TO PORTFOLIO HOLDERS
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| 99 |
MEMBER CHARTER STATUS
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RESOLVED:
That Council be recommended to sign up to the East Midlands Regional Councillor Development Charter.
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| 100 |
PROGRESS REPORTS FROM PORTFOLIO HOLDERS
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RESOLVED:
To note the reports.
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| 101 |
ANY OTHER ITEMS WHICH THE CHAIRMAN CONSIDERS URGENT.
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