Agenda, decisions and minutes

Budget Planning Committee - Tuesday 7 March 2023 6.30 pm

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

Contact: Matt Swinford, Democratic and Elections Team Email: democracy@cherwell-dc.gov.uk, 01295 221534

Media

Items
No.	Item
30.	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. Additional documents: Webcast for 30. Minutes: There were no declarations of interest.
31.	Minutes PDF 201 KB To confirm as a correct record the minutes of the meeting held on 17 January 2023. Additional documents: Webcast for 31. Minutes: The minutes of the meeting held on 17 January 2023 were agreed record and signed by the Chairman.
32.	Chairman's Announcements To receive communications from the Chairman. Additional documents: Webcast for 32. Minutes: There were no Chairman’s announcements.
33.	Urgent Business The Chairman to advise whether they have agreed to any item of urgent business being admitted to the agenda. Additional documents: Webcast for 33. Minutes: There were no items of urgent business.
34.	Monthly Finance Performance Report PDF 763 KB Report of the Assistant Director of Finance (Section 151 Officer) Purpose of report This report summarises Cherwell District Council’s (CDC’s) forecast revenue and capital outturn for 2022/2023 as at 31 December 2022 to give the Committee the opportunity to consider the finance aspects of the report. Recommendations The meeting is recommended: 1.1 To note the contents of this report. Additional documents: Appendix 1 - Finance Capital Forecast December 2022 , item 34. PDF 157 KB Appendix 2 - Revenue Forecast Detailed Narrative December 2022 , item 34. PDF 212 KB Appendix 3 - Virements and Aged Debt December 2022 , item 34. PDF 347 KB Appendix 4 - Funding December 2022 , item 34. PDF 345 KB Appendix 5 - Use of Reserves and Grant funding December 2022 , item 34. PDF 426 KB Webcast for 34. Decision: Resolved (1) That the contents of the report be noted. Minutes: The Committee considered a report from the Assistant Director of Finance (Section 151 Officer) that summarised the Council’s forecast revenue and capital outturn for 2022/2023 as of 31 December 2022. In response to Members queries regarding the car parks variance, the Chairman advised the Committee that as car parking was an item that was frequently raised as car park income had reduced due to a drop in usage. The Chairman commented that it may be helpful for the Budget Planning Committee to look at these areas in more detail. Resolved (1) That the contents of the report be noted.
35.	Review of Committee Work Plan To review the Committee Work Plan. Additional documents: Webcast for 35. Decision: Resolved (1) That the verbal update on the Committee Work plan be noted. Minutes: The Strategic Business Partner - Business Support & Reporting gave a verbal update on the Budget Planning Committee Work Plan. The Strategic Business Partner - Business Support & Reporting advised that at the next scheduled meeting on 25 July, the Committee would consider the Council Tax Reductions Scheme, financial monitoring for the year end 2022/23 and the committee work programme for 2023/24. Resolved (1) That the verbal update on the Committee Work plan be noted.