Agenda and decisions


Budget Planning Committee - Tuesday 17 January 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

2.

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:

3.

Minutes pdf icon PDF 129 KB

To confirm as a correct record the minutes of the meeting held on 6 December 2022.

Additional documents:

4.

Chairman's Announcements

To receive communications from the Chairman.

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5.

Urgent Business

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

 

Additional documents:

6.

Capital and Investment Strategy 2023-24 pdf icon PDF 148 KB

Report of Assistant Director of Finance (Section 151 Officer)

 

Purpose of report

 

To consider the draft Capital and Investment Strategy for 2023-24.

 

Recommendations

 

The meeting is recommended to:

 

1.1      To recommend the draft strategy for 2023-24 to Executive.

 

Additional documents:

Decision:

Resolved

 

(1)      That the draft Capital and Investment Strategy for 2023-24 be recommended to Executive.

7.

Reserve Strategy and Medium Term Reserves Plan 2023/24 pdf icon PDF 144 KB

Report of Assistant Director of Finance (Section 151 Officer)

 

Purpose of report

 

To update Budget Planning Committee (BPC) on the Review of Reserves that has taken place in preparation of the budget for 2023/24 and the Medium-Term Financial Strategy (MTFS) 2023/24 – 2027/28.

 

Recommendations

 

The meeting is recommended:

 

1.1      To note the outcome of the review of reserves and the forecast over the MTFS period.

 

1.2      To provide the Executive with feedback on whether the Committee supports the draft reserve allocations.

 

Additional documents:

Decision:

Resolved

 

(1)      That the outcome of the review of reserves and the forecast over the MTFS period be noted

 

(2)      That, having given due consideration, Executive be advised that the Budget Planning Committee supports the draft reserve allocations.

8.

Review of Committee Work Plan

To review the Committee Work Plan.

Additional documents:

Decision:

Resolved

 

(1)      That the verbal update on the Committee Work Plan be noted.