Agenda, decisions and minutes

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.

There were no declarations of interest.

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

There were no items of urgent business.

To confirm as a correct record the minutes of the meeting held on 18 November 2014.

The Minutes of the meeting of the Committee held on 18 November 2014 were confirmed as a correct record and signed by the Chairman.

To receive communications from the Chairman.

There were no Chairman’s Announcements.

Report of the Head of Finance and Procurement

Purpose of report

The report informs the Committee of how the recent provisional local government finance settlement impacts on the Council and the 2015-16 budget.

Recommendations

The meeting is recommended:

1.1         To note the report and the impact of the provisional local government finance settlement.

1.2         To note that the final settlement is expected to be announced towards the end of January 2015.

1.3         To note the impact upon the council in consideration of its budget preparation for 2015-16 and beyond.

Resolved

(1)       That the report and the impact of the provisional local government finance settlement be noted

(2)       That it be noted that the final settlement announcement was expected towards the end of January 2015

(3)       That the impact of the provisional local government finance settlement upon the Council in consideration of its budget preparation for 2015-16 and beyond be noted

The Committee considered the report of the Head of Finance and Procurement, which outlined the provisional local government finance settlement for 2015-16.

Resolved

(1)       That the report and the impact of the provisional local government finance settlement be noted

(2)       That it be noted that the final settlement announcement was expected towards the end of January 2015

(3)       That the impact of the provisional local government finance settlement upon the Council in consideration of its budget preparation for 2015-16 and beyond be noted

To review and note the Committee Work Programme

Resolved

(1)       That, subject to the next meeting being moved to Tuesday 17 February from Tuesday 10 March 2015, the work programme be noted

The Committee considered the draft work programme for the 2014/15 year.

Officers advised the Committee that the date of the next meeting needed changing, in order to allow them to consider the Quarter 3 Budget Monitoring report ahead of its consideration by Executive on 2 March 2015.  

Resolved

(1)       That, subject to the next meeting being moved to Tuesday 17 February from Tuesday 10 March 2015, the work programme be noted

The following items contain exempt information as defined in the following paragraphs of Part 1, Schedule 12A of Local Government Act 1972.

3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information).

Members are reminded that whilst the following item has been marked as exempt, it is for the meeting to decide whether or not to consider it in private or in public. In making the decision, members should balance the interests of individuals or the Council itself in having access to the information. In considering their discretion members should also be mindful of the advice of Council Officers.

Should Members decide not to make a decision in public, they are recommended to pass the following recommendation:

“That under Section 100A of the Local Government Act 1972, the public and press be excluded from the meeting for the following item of business on the ground that, if the public and press were present, it would be likely that exempt information falling under the provisions of Schedule 12A, Part 1, Paragraph 3 would be disclosed to them, and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.”

Resolved

That under Section 100A of the Local Government Act 1972, the public and press be excluded from the meeting for the following item of business on the grounds that, if the public and press were present, it would be likely that exempt information falling under the provisions of Schedule 12A, Part 1, Paragraph 3 would be disclosed to them, and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.

Exempt Presentation and appendices for agenda item 8

**Please note that the appendices will be to follow, as they were still being finalised at the time of agenda publication**

Resolved

(1)       That the exempt presentation and appendices be noted

The Committee considered the exempt presentation and appendices of the Head of Finance and Procurement, relating to the Medium Term Revenue Plan and Revenue and Capital Budget Proposals for 2015-16.

The Commercial Director (Bicester) answered the Committee’s questions in relation to Capital bids.

It was proposed by Councillor Nick Mawer and seconded by Councillor Barry Richards that Capital bid 3 be amended and be recommended to Executive for approval.

Resolved

(1)       That the exempt presentation and appendices be noted

(2)       That, subject to amendments as set out in the exempt minute, Capital bid 3 be recommended to Executive for approval

Resolved

That the press and public be re-admitted to the meeting.

Report of the Head of Finance and Procurement

Purpose of report

To set out the Medium Term Revenue Plan including the Revenue and Capital budget proposals for the Committee to consider and recommend to Executive.

Recommendations

The meeting is recommended:

1.1       To consider the updated Medium Term Revenue Plan (MTRP)

1.2      To consider the 2015-16 draft revenue budget proposals contained in Exempt Appendix 1 (to follow) before they are recommended to Executive and then Full Council in February.

1.3                   To consider the 2015-16 capital bids contained in Exempt Appendix 2 (to follow) before they are recommended to Executive and then Full Council in February.

1.4      To consider and recommend to Executive the level of Council Tax increase for 2015/16 before this is formally approval by Full Council in February.

Resolved

(1)       That the updated Medium Term Revenue Plan be noted

(2)       That the Revenue Budget proposals for 2015-16 be noted

(3)       That the following Capital bids be recommended to Executive for approval: 1 to 9, 16, and 19 to 29

(4)       That Executive be recommended to propose a 0% Council Tax increase to full Council for approval in February 2015

The Committee considered the report of the Head of Finance and Procurement, which detailed Revenue and Capital budget proposals for 2015-16.

It was proposed by Councillor Nick Mawer and seconded by Councillor Douglas Webb that a 0% Council Tax increase be recommended to Executive for consideration.

Resolved

(1)       That the updated Medium Term Revenue Plan be noted

(2)       That the Revenue Budget proposals for 2015-16 be noted

(3)       That the following Capital bids be recommended to Executive for approval:

(4)       That Executive be recommended to propose a 0% Council Tax increase to full Council for approval in February 2015