Agenda, decisions and minutes


Venue: Bodicote House, Bodicote, Banbury, OX15 4AA

Contact: Emma Faulkner / Richard Woods, Democratic and Elections  Email: emma.faulkner@cherwellandsouthnorthants.gov.uk, 01327 322043 / Email: richard.woods@cherwellandsouthnorthants.gov.uk, 01295 221550

Items
No. Item

55.

Declarations of Interest

Members are asked to declare any interest and the nature of that interest which they may have in any of the items under consideration at this meeting.

 

Minutes:

There were no declarations of interest.

 

56.

Urgent Business

The Chairman to advise whether they have agreed to any item of urgent business being admitted to the agenda.

 

Minutes:

There were no items of urgent business.

 

57.

Minutes pdf icon PDF 72 KB

To confirm as a correct record the minutes of the meeting held on 29 January 2019.

 

Minutes:

The minutes of the meeting of the Committee held on 29 January 2019 were confirmed as a correct record and signed by the Chairman.

 

58.

Chairman's Announcements

To receive communications from the Chairman.

 

Minutes:

There were no Chairman’s announcements.

 

59.

Finance Monitoring Report - January 2019 pdf icon PDF 64 KB

Report of the Deputy Section 151 Officer

 

Purpose of report

 

This report summarises the Finance monitoring position as at the end of each month.

 

Recommendations

            

1.1         To note the contents of the report.

 

Additional documents:

Decision:

Resolved

 

(1)  That the contents of the report be noted.

 

Minutes:

The Committee considered a report from the Deputy Section 151 Officer, which summarised the Council’s Finance Monitoring position at the end of January 2019.

 

The Deputy Section 151 Officer advised the Committee that a surplus of £477k was currently forecast, as well as a a Capital Programme underspend of £147k.

 

In response to questions from the Committee regarding the forecast surplus, the Deputy Section 151 Officer explained that several large businesses had opened and business rates were being paid earlier than expected. 

 

The Deputy Section 151 Officer also advised that improved efficiencies in Treasury Management activities had also contributed to the improvement in the Council’s financial position.

 

At the request of the Committee, the Interim Executive Director – Finance and Governance agreed to provide more detailed information to future meetings regarding Business Rates. 

 

Resolved

 

(1)  That the contents of the report be noted.

 

60.

Review of Committee Work Plan pdf icon PDF 67 KB

To review the Committee Work Plan.

 

Decision:

Resolved

 

(1)  That the indicative Work Plan for 2019-20 be noted.

Minutes:

The Committee an indicative work programme for the 2019-2020 Municipal year. 

 

The Interim Executive Director – Finance and Governance explained that a more detailed work programme would be discussed at the first meeting of the new Municipal year, in June 2019.

 

Resolved

 

(1)  That the indicative Work Plan for 2019-20 be noted.