Agenda and minutes

from 17/01/18, Cabinet
Thursday, 31 January 2019 6:30 pm, MOVED

Venue: Rooms 11/12/13, Eastleigh House, Upper Market Street, Eastleigh, SO50 9YN

Contact: Laura Johnston, Performance and Governance Lead Specialist (Democratic Services) Tel: 023 8068 8041; Email:  laura.johnston@eastleigh.gov.uk 

Items
No. Item

1.

Public Participation

Minutes:

Councillor Gin Tidridge enquired if the Council would be contacting the Chartered Institute of Public Finance Association (CIPFA) in respect of the prudential code. The Chair replied that it would not be.

RECOMMENDED ITEMS (REQUIRING A DECISION)

2.

General Fund Revenue Budget 2019/20 and Financial Monitoring to 31 December 2018 DOCX 93 KB

Additional documents:

Minutes:

Issue

 

The report sets out the Council’s proposed budget for 2019/20 and financial monitoring to 31 December 2018 (paper 4).

 

Considerations

 

The budget underpins the delivery of the Council’s Strategic Priorities.  The budget aligns the appropriate level of resource that enables services and projects to be delivered so that there is a direct impact in residents.  The Budget also is a vital management mechanism to ensure financial sustainability of the Council, fulfilment of statutory obligations, financial prudence and compliance.  The draft Budget presented is a balanced budget.

 

RESOLVED –

 

That Cabinet recommends Council:

 

(1)         Approves the revised Budget for 2018/19 (para 10) which incorporates pressures and efficiencies identified as part of the financial monitoring to 31 December 2018;

 

(2)         Sets the net revenue Budget requirement for 2019/20 at £10,045,000 and note the impact on the Council’s General Fund Balance (para 10);

 

(3)         Notes the Local Government Finance settlement for 2019/20 (paras 13-16);

 

(4)         Approves budget growth of £468,000 in 2018/19 and £338,000 in 2019/20 (paras 25-30);

 

(5)         Increases the Council Tax for Eastleigh Borough Council by 1.1% (1% below CPI) for 2019/20 (para 18); and

 

(6)         Approves the Special Expenses for Parished and Non-Parished areas (paras 23-24).

 

That Cabinet approved:

 

(1)         Expenditure of £479,800 for the Point Capital Development Scheme, to be funded from external grant income received from Arts Council England (£367,800), Repairs and Renewals Reserve (£101,000) and fundraising by The Point (£11,000) (para 38-39);

 

(2)         Expenditure of £131,500 in 2018/19 for the Disabled Facilities Grant Programme to be funded from Government Grant (para 40);

 

(3)         Fees and Charges for skin piercing registration fees detailed in para 41; and

 

(4)         That Cabinet noted the positive impact of the Council’s successful property investment decisions which are budgeted to generate a net surplus for the Council of £9M in 2019/20 (para 6).

3.

Capital Strategy pdf icon PDF 184 KB

Additional documents:

Minutes:

Issue

 

The Capital Strategy sets out the long term context in which capital expenditure decisions are made and gives due consideration to both the risk and reward of these decisions and the impact on the achievement of priority objectives (paper 5).

 

Considerations

 

This Strategy is a new report for 2019/20, giving a high level overview of how capital expenditure, financing and treasury management activity contribute to the provision of local services along with an overview of how associated risk is managed and the implications for future sustainability.

 

RESOLVED –

 

That Cabinet recommends Council:

 

(1)         Approves the capital strategy;

 

(2)         Approves the Treasury Management Strategy in Appendix B;

 

(3)         Approves the Investment Strategy in Appendix C;

 

(4)         Approves the changes to the Prudential Indicators in Appendix B1/B2; and

 

(5)         Approves the changes to the MRP Statement in Appendix B3.

RESOLVED ITEMS (SUBJECT TO QUESTIONS ONLY)

4.

Minutes pdf icon PDF 71 KB

To consider the Minutes of the meeting held on 13 December 2018.

Minutes:

RESOLVED -

 

That the Minutes of the meeting held on 13 December 2018 be agreed as a correct record.

5.

Declarations of Interest

Members are invited to declare interests in relation to items of business on the agenda.  Any interests declared will be recorded in the Minutes.

Minutes:

There were no declarations of interest in relation to items of business on the agenda.

6.

Housing Programme Update DOCX 49 KB

Additional documents:

Minutes:

Issue

 

This report provides an update on Eastleigh Borough Council’s Housing Programme activity and seeks approval for a policy direction as part of two new initiatives (paper 6).

 

Considerations

 

The reports sets out how the Council will take forward its Housing Programme in 2019 and beyond, by implementing its spending commitments; strengthening its partnership working with developers and Registered Providers; and maximising use of the housing delivery vehicle Aspect Building Communities Ltd.

 

RESOLVED –

 

That Cabinet:

 

(1)         Approved the allocation of £7.9m (inclusive of the estimated additional £0.4m 2019/20 allocation) of the New Homes Bonus in accordance with the strategic approach set out in this report, to be committed to affordable housing schemes in the Borough by 2022.  Detailed approval from Cabinet will subsequently be sought for each specific funding allocation; and

 

(2)         Endorsed the details of a ‘route to home ownership’ product to be offered by Aspect Building Communities Ltd. in 2019.

7.

Grants to Sponsored Bodies

Minutes:

Issues

 

The report concerns the funding for sponsored organisations, Eastleigh CitA and One Community (supplementary report Paper 10). This item was taken in public as it was marked as exempt in error.

 

Considerations

 

The Council supports both Eastleigh CitA and One Community as key voluntary sector partners.  Both organisations rely on Council funding to provide services to sectors of the community most in need.  The grants are reviewed and awarded on an annual basis.  A Service Level Agreement for each organisation, along with a full report will be presented to Cabinet in April 2019.  Cabinet approval is sought for the grant determination as set out in the report.

 

RESOLVED –

 

That the allocation of the annual grant payments to Eastleigh Citizens Advice (CitA) and One Community for 2019/20 be approved.

8.

Exempt Business

Minutes:

RESOLVED -

 

(1)         That, in pursuance of Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following items of business on the grounds that they are likely to involve the disclosure of exempt information as defined in paragraph 3 of Part 1 of Schedule 12A of the Act; and

 

(2)         That, in pursuance of the public interest test, the public interest in disclosing the information contained in the following item of business was outweighed by the public interest in maintaining the exemption.

9.

Pay and Reward

Minutes:

Issue

 

To consider the Council’s Pay and Reward Proposal (paper 7).

 

Considerations

 

The report sets out a number of issues relating to the Pay and Reward proposal.

 

RESOLVED –

 

That the recommendations set out in the report be approved.

10.

Property Transaction

Minutes:

Issue

 

To consider a property transaction (paper 8).

 

Considerations

 

The report sets out a number of matters relating to a property transaction.

 

RESOLVED –

 

That the recommendation set out in the report be approved.