Agenda and minutes

Councillor Jenny Hollingsworth was elected as Chair for the meeting.

Apologies for absence were received from Councillors Clarke and Payne.

RESOLVED:

That the minutes of the above meeting, having been circulated, be approved as a correct record.

Non-pecuniary interests were declared by Councillors Hollingsworth, Paling and Pearson, in relation to item 5, as members of the sewerage review working group.

Report of the Democratic Services Manager.

Consideration was given to a report of the Democratic Services Manager, which had been circulated prior to the meeting, detailing the Executive’s draft Forward Plan for the next six month period.

RESOLVED:

To note the report.

Report of the Democratic Services Manager

Councillor Rachael Ellis introduced a report, which had been circulated in advance of the meeting, presenting recommendations of the working group that considered issues surrounding sewerage and waterways across the borough.

RESOLVED to:

1)    Note the report and recommendations of the working group; and

2)    Provide a written response to the Overview and Scrutiny Committee within 28 days of receipt of the report.

Report of the Senior Leadership Team.

The Head of HR, Performance and Service Planning introduced a report, which had been circulated in advance of the meeting, seeking Cabinet agreement to the wide publication of the proposed Annual Report for 2022/23.

RESOLVED:

To approve the Annual Report for 2022/23 for wide publication internally and externally as described within the report.

Report of the Senior Leadership Team.

The Head of HR, Performance and Service Planning introduced a report, which had been circulated in advance of the meeting, informing Cabinet of the position against improvement actions and performance indicators in the 2022/23 Gedling Plan at the end of quarter 4 and year end.

RESOLVED:

To note the progress against improvement actions and performance indicators for quarter 4 and the full year of 2022/23 Gedling Plan.

The Financial Services Manager and Deputy S151 Officer introduced a report, which had been circulated in advance of the meeting, informing Members of the 2022/23 prudential code indicators and to advise Members on treasury activity.

RESOLVED:

To approve the Annual Treasury Activity report for 2022/23 and refer it to full Council for approval.

Report of the Senior Leadership Team

The Financial Services Manager and Deputy S151 Officer introduced a report, which had been circulated in advance of the meeting, informing Members of the budget outturn and budget carry forwards for 2022/23.

The report also asked Cabinet to note the final outturn position for 2022/23 and:

1)    Approve the movements on earmarked reserves and provisions;

2)    Approve the Chief Finance Officer’s recommendation to reclassify earmarked reserves into the General Fund Balance;

3)    Note the capital carry forward budgets approved by the Chief Finance Officer in accordance with financial regulations;

4)    Approve the carry forward of non-committed capital budgets from 2022/23 as additions to the 2023/24 budget in accordance with financial regulations; and

5)    Recommend that Council approve the method of financing the 2022/23 capital expenditures which includes making the determinations required for the minimum revenue provision.

RESOLVED to:

1)    Note the budget outturn figures for 2022/23;

2)    Approve the Chief Finance Officer’s decision to reclassify £253,500 of earmarked reserves to the General Fund Balance as detailed in paragraph 2.2 of the report;

3)    Approve the movements in earmarked reserves and provisions as detailed in paragraph 2.6 of the report;

4)    Note the capital carry forwards approved by the Chief Finance Officer included in appendix 6 to the report, being amounts not in excess of £50,000 and committed schemes above £50,000;

5)    Approve the capital carry forwards of £2,186,100 included in appendix 6 to the report for non-committed schemes in excess of £50,000; and

6)    Refer to full Council for approval:

                         i.         The overall method of financing of the 2022/23 capital expenditure as set out in paragraph 3.4; and

                       ii.         The determination of the minimum revenue provision for the repayment of debt as set out in paragraph 3.5.

None.