Meeting documents
Finance and Best Value Overview and Scrutiny Committee
Tuesday, 13th November 2007
Venue : Committee Room 1 - Wallasey Town Hall
Index to Agendas
- DECLARATIONS OF INTEREST/PARTY WHIP
- MINUTES
- FINANCIAL MONITORING STATEMENT
- MONITORING REPORTS
- COMPREHENSIVE PERFORMANCE ASSESSMENT - USE OF RESOURCES
- PROJECTED BUDGET 2008-2011
- FINANCE DEPARTMENT - PROJECTED BUDGET 2008-2011
- TREASURY MANAGEMENT - PROJECTED BUDGET 2008-2011
- FINANCIAL MONITORING SUMMARY
- CAPITAL MONITORING SUMMARY
- SERVICE RE-ENGINEERING SUMMARY
- EXEMPT INFORMATION - EXCLUSION OF MEMBERS OF THE PUBLIC
- SUPPLY OF FRUIT AND VEGETABLES - CONTRACT AWARD - Exempt
- ANT OTHER URGENT BUSINESS APPROVED BY THE CHAIR
Item 1 - DECLARATIONS OF INTEREST/PARTY WHIP
Summary:
Members are asked to consider whether they have personal or prejudicial interests in connection with any item(s) on this agenda and, if so, to declare them and state what they are.
Members are reminded that they should also declare, pursuant to paragraph 18 of the Overview and Scrutiny Procedure Rules, whether they are subject to a party whip in connection with any item(s) to be considered and, if so, to declare it and state the nature of the whipping arrangement.
Item 2 - MINUTES
Summary:
To receive the minutes of the meeting held on 17 September 2007, which were received or approved by the Council.
Item 3 - FINANCIAL MONITORING STATEMENT
Summary:
This report provides a summary in tabular format of the current position of the Authority revenue accounts and General Fund balances. Further details can be found in the financial monitoring summary and service re-engineering summary reports elsewhere on this agenda.
Recommendation:
(1) That the contents of the financial monitoring statement be noted.
(2) That a further update be submitted to the next meeting of this Committee.
Attachments: (click on an attachment to view it)
Item 4 - MONITORING REPORTS
Summary:
In an effort to simplify the presentation of the monitoring reports to Overview and Scrutiny Committees, they are all being presented together as appendices to one report.
Recommendation:
That the reports be noted.
Attachments: (click on an attachment to view it)
Item 5 - COMPREHENSIVE PERFORMANCE ASSESSMENT - USE OF RESOURCES
Summary:
This report provides a further update on progress in improving the Use of Resources Assessment. The assessment for 2007 is presently being completed by the Audit Commission and forms part of the Comprehensive Performance Assessment (CPA). The report also highlights the revised criteria that will be used by the Audit Commission in making the 2008 assessment.
Recommendation:
That the progress in delivering improvements in the Use of Resources be noted and that further progress reports be presented to the Cabinet and to this Overview and Scrutiny Committee.
Attachments: (click on an attachment to view it)
Item 6 - PROJECTED BUDGET 2008-2011
Summary:
This report updates the projected budgets for 2008-2011 to coincide with the period of the Comprehensive Spending Review 2007 (CSR). The Department for Communities and Local Government (DCLG) has stated that, following the CSR, the Local Government Finance Settlement will cover the period from 2008 to 2011 and that Local Authorities will be expected to budget on a three year basis.
Recommendation:
That the projected budget for 2008 to 2011 be updated and reported regularly to the Cabinet and to this Overview and Scrutiny Committee.
Attachments: (click on an attachment to view it)
Item 7 - FINANCE DEPARTMENT - PROJECTED BUDGET 2008-2011
Summary:
This report informs Members of the Projected Budget for 2008-2011 and outlines the key financial changes to the Finance Department budget. It is the departmental version of a report that Cabinet will consider on the overall Council budget.
Members are asked to endorse the proposals for 2008-2011 and refer them to the Budget Cabinet meeting on 21 February 2008.
Recommendation:
(1) That the Finance Department Projected Budget 2008/2011 be noted.
(2) That this Overview and Scrutiny Committee be informed of any Cabinet decisions that affect the projected budget.
Attachments: (click on an attachment to view it)
Item 8 - TREASURY MANAGEMENT - PROJECTED BUDGET 2008-2011
Summary:
This report informs Members of the Projected Budget for 2008-2011 and is a disaggregated version of a report that Cabinet will consider on the overall Council budget. It outlines the key financial changes to the Treasury Management budget which covers the costs of the Councils investment and borrowing activities plus corporate management and democratic representation.
Recommendation:
(1) That the Treasury Management Projected Budget 2008/2011 be noted.
(2) That this Overview and Scrutiny Committee be informed of any Cabinet decisions that affect the projected budget.
Attachments: (click on an attachment to view it)
Item 9 - FINANCIAL MONITORING SUMMARY
Summary:
This is one of a series of reports submitted throughout the year presenting an overview of the financial performance of the Council. It details the key variations for this financial year and provides a summary of the overall implications for the General Fund.
Recommendation:
That the report be noted.
Attachments: (click on an attachment to view it)
Item 10 - CAPITAL MONITORING SUMMARY
Summary:
This report provides Members with an update on the progress being made in delivering the capital programme for 2007-2008.
Recommendation:
That the report be noted.
Attachments: (click on an attachment to view it)
Item 11 - SERVICE RE-ENGINEERING SUMMARY
Summary:
This report provides Members with an update on the progress being made in achieving the service re-engineering savings contained within the budget for 2007/08. Also included are details of the use of the service re-engineering investment budget for 2007/2008.
Recommendation:
That the outstanding savings target of £2.2 million be identified.
Attachments: (click on an attachment to view it)
Item 12 - EXEMPT INFORMATION - EXCLUSION OF MEMBERS OF THE PUBLIC
Summary:
The public may be excluded from the meeting during consideration of the following item of business on the grounds that it involves the likely disclosure of exempt information.
Recommendation:
That in accordance with section 100A (4) of the Local Government Act 1972, the public be excluded from the meeting during consideration of the following item of business, on the grounds that it involves the likely disclosure of exempt information as defined by paragraph 3 of Part 1 of Schedule 12A to that Act.
Item 13 - SUPPLY OF FRUIT AND VEGETABLES - CONTRACT AWARD - Exempt
NOT FOR PUBLICATION - Exempt by virtue of paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972
Item 14 - ANT OTHER URGENT BUSINESS APPROVED BY THE CHAIR
Agenda Published: 2 November 2007