Issue - meetings

The Executive Member for Financial Sustainability presented the Capital Strategy and Minimum Revenue Provision Policy. He said the council was required to produce a strategy following strengthening of financial guidance.

Councillor Williamson proposed that the recommendations in the report be supported. Councillor Deering seconded the proposal.

Councillor Goldspink said the Liberal Democrat group were happy to support the recommendation. She said she had a comment about the page regarding the scoring of different projects. She questioned whether the Old River Lane development really met the corporate priorities of ‘Sustainability at the heart of everything we do’ and ‘Enabling communities’ due to the demolition of three houses and the absence of a full consultation.

The motion to support the recommendation having been proposed and seconded was put to the meeting and upon a vote being taken, was declared CARRIED.

RESOLVED – That the Capital Strategy and Minimum Revenue Provision Policy 2023/24 onward be approved.

The Executive Member for Financial Sustainability presented the Capital Strategy and Minimum Revenue Provision Policy. He said that the Audit and Governance Committee had endorsed the policy.

Councillor Kaye said it had been a tough time with high inflation and said that this was a sensible and pragmatic document.

Councillor Williamson proposed, and Councillor Kaye seconded a motion supporting the recommendation in the report. On being put to the meeting and a vote taken, the motion was declared CARRIED.

RESOLVED – To recommend to Council the approval of the Capital Strategy and Minimum Revenue Provision policy 2023/24 onwards.