Agenda and minutes

Report of the Cabinet Member for Finance summarising the General Fund and Housing Revenue Account (HRA) revenue financial position for the Authority for the 3 months to the end of June 2016, attached.

On consideration of the report of the Cabinet Member for Finance, Cabinet agreed the following:

General Fund

i)  Note the current General Fund revenue position for 2016/17 as at Qtr. 1, which is a forecast over spend at year end of £5.13M against the working budget, as outlined in paragraph 4. 

ii)  Note that the forecast over spend for portfolios is £8.70M as outlined in paragraph 5.

iii)  Note the actions and assumptions being put in place to address the overspend position as described in paragraph 7 and Appendix 2.

iv)  Note the performance to date with regard to the delivery of the agreed savings proposals approved for 2016/17 as detailed in Appendix 3.

v)  Note the performance against the financial health indicators detailed in Appendix 4.

vi)  Note the performance outlined in the Quarterly Treasury Management Report attached as Appendix 5.

vii)  Note the performance outlined in the Quarterly Collection Fund Statement attached as Appendix 7.

Housing Revenue Account

viii)  Note the current HRA budget monitoring position for 2016/17, as at Qtr. 1. There is a forecast overspend at year end of £0.62M against the working budget as outlined in paragraphs 20 and 21 and in Appendix 6.

Report of the Cabinet Member for Finance seeking to inform Cabinet of any major changes in the overall General Fund Capital Programme for the period 2016/17 to 2020/21, highlighting the changes in the programme since the last reported outturn position to Council in July 2016, attached.

DECISION MADE: (CAB 16/17 17554)

On consideration of the report of the Cabinet Member for Finance, Cabinet agreed the following:

(i)  To note the revised General Fund Capital Programme 2016/17 to 2020/21, which totals £145.42M (as detailed in paragraph 4) and the associated use of resources.

(ii)  To note that £0.28M has been added to the overall programme, with approval to spend, under delegated powers (£0.26M 2016/17 and £0.02M 2017/18). These additions are detailed in paragraph 6 and Appendix 2.

(iii)  To note that £0.63M has been removed from the overall programme, as detailed in paragraph 6 and Appendix 2.

(iv)  To note that £0.01M has been rephased from 2017/18 to 2016/17 within the Transport portfolio, as detailed in paragraph 11 and Appendix 3.

(v)  To note that the revised General Fund Capital Programme is based on prudent assumptions of future Government Grants to be received.

(vi)  To note the changes to the programme, as summarised in Appendix 2 and described in detail in Appendix 3.

(vii)  To note that the forecast position at Quarter 1 is £121.18M, resulting in a potential underspend of £24.24M, as detailed in paragraph 13 and Appendix 4.

Report of the Cabinet Member for Environment and Transport seeking agreement to changes to the current operation of the Household Waste Recycling Centre, attached.

DECISION MADE:  (CAB 16/17 17424)

On consideration of the report of the Cabinet Member for Environment and Transport, Cabinet agreed the following:

(i)  To reduce opening hours at the HWRC by two hours per day in the winter and Monday – Friday in the summer and by one hour per day on Saturday and Sunday in the summer.  To close the HWRC, one day per week on a Thursday each week.  Revised opening times would be 11am – 6pm, Monday – Friday and 10am – 6pm, Saturday and Sunday in the Summer and 11am – 4pm in the Winter, starting from 1 January 2017;

(ii)  That authority be delegated to the Service Director – Transactions and Universal Service, following consultation with the Executive Member for Environment and Transport and the Service Director, Legal & Governance, to implement all of the necessary operational and contractual changes and other actions for the recommendations to take effect.

Report of the Leader of the Council seeking approval for matters related to development of Woodside Lodge and 536-550 Wimpson Lane, attached.

DECISION MADE:  (CAB 16/17 17452)

On consideration of the report of the Leader of the Council, Cabinet agreed the following:

To approve, in accordance with Financial Procedure Rules, additional expenditure of £850,000 to carry out the necessary design development to submit a detailed planning application for a new build scheme and tender the works contract for Woodside Lodge and 536-550 Wimpson Lane.  Provision for this exists within the Estate Regeneration & New Build section of the HRA Capital Programme.