Meeting documents
Finance and Best Value Overview and Scrutiny Committee
Wednesday, 21st June 2006
Venue : Committee Room 2 - Wallasey Town Hall
Index to Agendas
- DECLARATIONS OF INTEREST/PARTY WHIP
- APPOINTMENT OF VICE CHAIR
- FINANCIAL AND PERFORMANCE MONITORING - GENERAL FINANCIAL MATTERS
- FINANCIAL AND PERFORMANCE MONITORING - FINANCIAL AND PERFORMANCE PLANNING AND MONITORING 2006/2007
- FINANCIAL AND PERFORMANCE MONITORING - FINANCE DEPARTMENT - FINANCIAL MONITORING
- FINANCIAL AND PERFORMANCE MONITORING - CORPORATE SERVICES DEPARTMENT - FINANCIAL MONITORING
- FINANCIAL AND PERFORMANCE MONITORING - FINANCIAL MONITORING SUMMARY 2006/2007
- FINANCIAL AND PERFORMANCE MONITORING - CAPITAL MONITORING SUMMARY 2006/2007
- FINANCIAL AND PERFORMANCE MONITORING - ANNUAL PERFORMANCE MONITORING REPORT 2005/2006
- FINANCIAL AND PERFORMANCE MONITORING - PERFORMANCE MONITORING JANUARY - MAY 2006
- FINANCIAL AND PERFORMANCE MONITORING - TREASURY MANAGEMENT - FINANCIAL MONITORING
- FINANCIAL AND PERFORMANCE MONITORING - CORPORATE RISK AND INSURANCE MANAGEMENT
- BUDGET DEVELOPMENT - PROJECTED BUDGET 2007/2008
- BUDGET DEVELOPMENT - SERVICE RE-ENGINEERING MONITORING SUMMARY 2006/2007
- POLICY DEVELOPMENT - PRESENTATIONS
- POLICY DEVELOPMENT - MEMBERS TRAINING
- POLICY DEVELOPMENT - HOUSING/COUNCIL TAX BENEFIT - ANNUAL REPORT
- CORPORATE GOVERNANCE - COMPREHENSIVE PERFORMANCE ASSESSMENT (CPA) - USE OF RESOURCES
- CORPORATE GOVERNANCE - ANNUAL AUDIT AND INSPECTION LETTER 2004/2005
- EXEMPT INFORMATION - EXCLUSION OF MEMBERS OF THE PUBLIC
- CORPORATE GOVERNANCE - COMPREHENSIVE PERFORMANCE ASSESSMENT (CPA) - BENEFIT 2006 - Exempt
- USE OF DELEGATED AUTHORITY - ACQUISITION OF PROPERTIES - Exempt
- ANY 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 - APPOINTMENT OF VICE CHAIR
Summary:
The Committee is requested to consider whether it wishes to appoint a Vice-Chair for the ensuing municipal year.
Item 3 - FINANCIAL AND PERFORMANCE MONITORING - GENERAL FINANCIAL MATTERS
Summary:
This report provides information on the money market key indicators, current interest rates, the Council cash position, the position regarding Council Tax, National Domestic Rate, general debt and cash income collection and the payment of Benefits.
Recommendation:
That the report be noted.
Attachments: (click on an attachment to view it)
Item 4 - FINANCIAL AND PERFORMANCE MONITORING - FINANCIAL AND PERFORMANCE PLANNING AND MONITORING 2006/2007
Summary:
This report provides Members with the timing and content of the financial and performance monitoring reports to be submitted to the Cabinet and Overview and Scrutiny Committees during 2006/2007 and the proposed process and timetable for the production of service and financial plans for 2007/2008. The report was agreed by the Executive Board on 6 April 2006.
Recommendation:
(1) That the dates for the planning and monitoring reports be noted.
(2) That the process for financial and performance planning and monitoring be noted.
Attachments: (click on an attachment to view it)
Item 5 - FINANCIAL AND PERFORMANCE MONITORING - FINANCE DEPARTMENT - FINANCIAL MONITORING
Summary:
This is one of a series of reports submitted to Members throughout the year, the purpose of which is to highlight the financial performance of the Finance Department during 2006/2007. Included in this report is the composition of the departmental budget.
Recommendation:
That the report be noted, and a further report be submitted to the next meeting.
Attachments: (click on an attachment to view it)
Item 6 - FINANCIAL AND PERFORMANCE MONITORING - CORPORATE SERVICES DEPARTMENT - FINANCIAL MONITORING
Summary:
This is one of a series of reports submitted to Members throughout the year, the purpose of which is to highlight the financial performance of the Corporate Services Department during 2006/2007. Included in the report is the composition of the departmental budget.
Recommendation:
(1) That the report be noted.
(2) That a further report be submitted to the next appropriate meeting.
Attachments: (click on an attachment to view it)
Item 7 - FINANCIAL AND PERFORMANCE MONITORING - FINANCIAL MONITORING SUMMARY 2006/2007
Summary:
A financial monitoring report for each Department has been presented to the relevant Select Committee during the current cycle. This report provides a summary of the implications for the General Fund.
Recommendation:
(1) That the report be noted.
(2) That a further report be presented to the next meeting.
Attachments: (click on an attachment to view it)
Item 8 - FINANCIAL AND PERFORMANCE MONITORING - CAPITAL MONITORING SUMMARY 2006/2007
Summary:
A capital monitoring report for each department has been presented to the relevant Overview and Scrutiny Committee during the current cycle. This report provides a summary of the progress on the overall programme.
Recommendation:
(1) That the report be noted.
(2) That an updated report be presented to the next meeting.
Attachments: (click on an attachment to view it)
Item 9 - FINANCIAL AND PERFORMANCE MONITORING - ANNUAL PERFORMANCE MONITORING REPORT 2005/2006
Summary:
The purpose of this report is to inform Members of the performance of the Finance Department during 2005/2006. Performance is compared to the objectives and targets identified in the Departmental Plan, some of which are included within the Best Value Performance Plan.
Recommendation:
That the performance of the Finance Department during 2005/2006 be noted.
Attachments: (click on an attachment to view it)
Item 10 - FINANCIAL AND PERFORMANCE MONITORING - PERFORMANCE MONITORING JANUARY - MAY 2006
Summary:
The purpose of this report is to inform Members of the performance of the Corporate Services Department during the period January – May 2006. Performance is based on the objectives and targets identified in the department’s Departmental Plan which was presented to the Finance and Corporate Management Select Committee in January 2006 and agreed by the Cabinet on 20 February 2006. This report should be viewed in conjunction with the Financial Monitoring report for the same period.
Recommendation:
That the performance of the department during the period January – May 2006 and the future performance issues anticipated in the coming period, be noted.
Attachments: (click on an attachment to view it)
- Report of the Deputy Chief Executive/Director of Corporate Services
- Appendix A
- Appendix B
- Appendix C
Item 11 - FINANCIAL AND PERFORMANCE MONITORING - TREASURY MANAGEMENT - FINANCIAL MONITORING
Summary:
This is one of a series of reports submitted to Members throughout the year, the purpose of which is to highlight the financial performance of the Treasury Management budget during 2006/2007. Included in this report is the composition of the departmental budget.
Recommendation:
(1) That the report be noted.
(2) That a further report be submitted to the next meeting.
Attachments: (click on an attachment to view it)
Item 12 - FINANCIAL AND PERFORMANCE MONITORING - CORPORATE RISK AND INSURANCE MANAGEMENT
Summary:
This report provides information to Members on progress made in the last quarter against the objectives for these services and anticipated developments in the coming months.
Recommendation:
(1) That the report be noted.
(2) That a further report be presented to the next meeting.
Attachments: (click on an attachment to view it)
Item 13 - BUDGET DEVELOPMENT - PROJECTED BUDGET 2007/2008
Summary:
This report presents the projected budget for 2007/2008, and will be updated regularly throughout the year.
Recommendation:
That savings be identified and be reported to the Cabinet.
Attachments: (click on an attachment to view it)
Item 14 - BUDGET DEVELOPMENT - SERVICE RE-ENGINEERING MONITORING SUMMARY 2006/2007
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 2006/2007, which was agreed by the Council on 1 March 2006
Recommendation:
(1) That the report be noted.
(2) That a further report be presented to the next meeting.
Attachments: (click on an attachment to view it)
Item 15 - POLICY DEVELOPMENT - PRESENTATIONS
Summary:
The former Finance and Corporate Management Committee included on each agenda a presentation of one area of its responbsibilities, and the Chair of this Committee has indicated that he wishes to continue this practice.
Recommendation:
Members are requested to agree a schedule of presentations.
Attachments: (click on an attachment to view it)
Item 16 - POLICY DEVELOPMENT - MEMBERS TRAINING
Summary:
It would be advantageous for Members of the Finance Overview and Scrutiny Committee and the Cabinet to have a good understanding of the finances of the Council. This report proposes a training course for Members to be conducted over two sessions to achieve this aim.
Recommendation:
Members are requested to agree suitable dates for the provision of this training course.
Attachments: (click on an attachment to view it)
Item 17 - POLICY DEVELOPMENT - HOUSING/COUNCIL TAX BENEFIT - ANNUAL REPORT
Summary:
This report updates members on the progress of the Benefits Service over the last year and outlines the challanges to be faced in the coming months.
Recommendation:
That the report be noted.
Attachments: (click on an attachment to view it)
Item 18 - CORPORATE GOVERNANCE - COMPREHENSIVE PERFORMANCE ASSESSMENT (CPA) - USE OF RESOURCES
Summary:
This report outlines the action plan prepared in response to the issues raised by the Use of Resources assessment 2005 and advises of the consultation paper issued by the Audit Commission in February 2006. The action plan was agreed by the Cabinet on 8 May 2006.
Recommendation:
(1) That the proposals in, and responses to, the consultation paper on Use of Resources be noted.
(2) That the action plan responding to the issues raised by the Use of Resources assessment be noted.
Attachments: (click on an attachment to view it)
Item 19 - CORPORATE GOVERNANCE - ANNUAL AUDIT AND INSPECTION LETTER 2004/2005
Summary:
The Annual Audit and Inspection letter from the Audit Commission was submitted to the Cabinet on 16 March 2006 when it was referred to the appropriate Select, now Overview and Scrutiny, Committees for consideration. This report provides a summary of the issues identified and for those that fall under the broad heading of financial matters the actions taken/planned to address those issues.
Recommendation:
That the report, and the actions being taken, be noted.
Attachments: (click on an attachment to view it)
Item 20 - EXEMPT INFORMATION - EXCLUSION OF MEMBERS OF THE PUBLIC
Summary:
The public may be excluded from the meeting during consideration of the following items of business on the grounds that they involve 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 items of business, on the grounds that they involve the likely disclosure of exempt information as defined by the relevant paragraphs of Part 1 of Schedule 12A (as amended) to that Act.
Item 21 - CORPORATE GOVERNANCE - COMPREHENSIVE PERFORMANCE ASSESSMENT (CPA) - BENEFIT 2006 - Exempt
NOT FOR PUBLICATION - Exempt by virtue of paragraphs 3 and 5 of Part 1 of Schedule 12A (as amended) to the Local Government Act 1972
Item 22 - USE OF DELEGATED AUTHORITY - ACQUISITION OF PROPERTIES - Exempt
NOT FOR PUBLICATION - Exempt by virtue of paragraph 3 of Part 1 of Schedule 12A (as amended) to the Local Government Act 1972
Item 23 - ANY OTHER URGENT BUSINESS APPROVED BY THE CHAIR
Agenda Published: 13 June 2006