Agenda and minutes

Apologies for absence were received from Councillor Fox.

None.

Report of Corporate Director (Chief Financial Officer).

The Chief Financial Officer introduced the report, which had been circulated prior to the meeting, presenting the Council’s Prudential Code Indicators and Treasury Strategy for 2015/16 for approval.

RESOLVED:

To note the Prudential Indicators and Treasury Strategy 2015/16, as detailed in the report, and refer it to Full Council for approval as required by the regulations.

Report of the Senior Leadership Team on behalf of the Leader of the Council.

The Chief Financial Officer presented the report of the Senior Leadership Team, on behalf of the Leader, which had been circulated prior to the meeting, summarising the proposed capital programme for 2015/16 and future years in light of the Council’s priorities and available resources.

RESOLVED to:

1)    Note the capital financing available for 2015/16;

2)    Note the likely resources available for 2016/17 and 2017/18; and

3)    Refer the Capital Programme for 2015/16, detailed at appendix 1 to the report, to Council for approval.

Report of the Senior Leadership Team on behalf of the Leader of the Council.

The Chief Financial Officer and Corporate Director introduced the report of the Senior Leadership Team, on behalf of the Leader, which had been circulated prior to the meeting, setting out the priorities, objectives and top actions for the Council for the forthcoming year with the associated revenue budget.

RESOLVED:

The recommend to Council on 3 March 2015:

1)    That the financial threshold above which decisions will be regarded as Key Decisions be set at £0.5m for 2015/16;

2)    A Council Tax increase of 0% which balances the financing of a Net Council Tax Requirement of £5,450,800 in 2015/16; and

3)    That the detailed budget, priorities, objectives and actions and performance measures for 2015/16, as detailed in Appendices 1, 2 and 4 of the report, be approved.

None.