1. APOLOGIES FOR ABSENCE AND DECLARATIONS OF INTEREST
2. MINUTES - 7 DECEMBER 2011
To approve as a correct record the Minutes of the meeting of the Council held on Wednesday, 7 December 2011.
Minutes attached
3. MINUTES - 25 JANUARY 2012
To approve as a correct record the Minutes of the Extraordinary meeting of the Council held on 25 January 2012.
Minutes attached
4. MAYOR'S COMMUNICATIONS
To receive any communications that the Mayor may wish to put before Council.
5. MAIN DEBATE - 2012/2013 COUNCIL TAX AND BUDGET AND 2012/2013 CAPITAL FORWARD PLAN AND 5 YEAR CAPITAL STRATEGY
The Main Debate is to consider the officer reports entitled '2012/2013 Council Tax and General Fund Budget' (attached as item 5) together with the item shown at 13 below 'Matter Referred from the Executive 2012/2013 Capital Forward Plan and 5 Year Capital Strategy'
Report attached
Appendix A
Appendix B
Appendix C
Appendix D
Appendix E
Appendix F
Appendix G
Appendix H
6. PETITIONS AND DEPUTATIONS
None received
7. QUESTIONS FROM THE YOUTH COUNCIL
None received
8. QUESTIONS FROM THE PUBLIC
None received
9. LEADER OF THE COUNCIL'S UPDATE
In accordance with Standing Order 14, the Leader of the Opposition shall be given the opportunity to raise one matter relevant to the Borough that has arisen since the last meeting of the Council. The Leader of the Council shall then have the opportunity to advise the Council of matters relevant to the Borough that have arisen since the last meeting.
10. NOTICE OF MOTIONS
None received
11. QUESTIONS TO COMMITTEE CHAIRS/EXECUTIVE MEMBERS
None received
12. MATTER REFERRED FROM EXECUTIVE AND AUDIT COMMITTEE - PRUDENTIAL CODE INDICATORS AND TREASURY MANAGEMENT STRATEGY
The report attached as item 12 was considered by both the Executive and the Audit Committee at their respective meetings on 7 and 13 January 2012. The recommendations from the Executive are set out below with recommended amendments from the Audit Committee shown in bold italics -
1. That the 2012/13 Treasury Management Strategy as detailed in Appendix A be adopted subject to the amendment of paragraph 4.1 of Appendix A to read 'The Council has determined that it will only use approved counterparties from selected countries with a minimum sovereign credit rating of AA+ (changed from AA-) from Fitch Ratings (or equivalent from other agencies if Fitch does not provide).
2. That the Prudential Code Indicators as detailed in Appendix A, attachment six be adopted.
3. That the modification to investment criteria, as detailed in paragraph 4.2.3 of the report and Appendix A, attachment 3 for instant access call accounts, be adopted.
4. That the following comments be reported to Council.
a. The Audit Committee expressed its concerns over the sustainability of the borrowing requirement within the General Fund and would wish to receive assurance of the Council's intended actions to rebalance the budget through the application of the Asset Management Strategy.
b. The Audit Committee expressed its support for recommendation 3, the modification to investment criteria.
Report attached
Appendix A
Attachment 1
Attachment 2
Attachment 3
Attachment 4
Attachment 5
Attachment 6
13. MATTER REFERRED FROM THE EXECUTIVE - 2012/13 CAPITAL FORWARD PLAN AND 5 YEAR CAPITAL STRATEGY
This matter is to be considered in the Main Debate at item 5 above. The report attached as item 13 was considered by the Executive at its meeting on 7 February 2012 when it was agreed that Council be recommended -
1. That the revised 2011/12 and the final 2012/13 General Fund capital programme (which include the amendments made by the Leader's Services Priority Group), as detailed in Appendix A to the report, be approved.
2. That the revised 2011/12 and the draft 2012/13 Housing Revenue Account (HRA) capital programme as detailed in Appendix A to the report, be approved.
3. That the updated forecast of resources as summarised in Appendix A to the report, be approved
4. That the ongoing work of the Corporate Capital Review Group (CCRG) and Leader's Services Priority Group, to bring the 5 year Capital Strategy into balance, be noted.
Report attached.
Appendix A
Appendix B
14. MATTER REFERRED FROM THE AUDIT COMMITTEE - REVISIONS TO FINANCIAL REGULATIONS
The report attached as item 14 was considered by the Audit Committee at its meeting on 13 February 2012 when it was agreed that Council be recommended to approve the proposed revisions to Financial Regulations.
Report attached
Appendix A
Appendix B
15. OFFICER REPORT - REPORT OF INDEPENDENT PANEL ON MEMBERS' ALLOWANCES
To consider the attached report (item15) concerning the report of the
Independent Panel on Members' Allowances and recommends a Members' Allowances Scheme for 2012/2013.
Report attached
Appendix A
Appendix B
16. PAY POLICY STATEMENT
To consider the attached report (item 16) concerning the Council's pay policy statement for the financial year 2012/13 in accordance with the provisions of the Localism Act 2011.
Report attached
17. MINUTES - AUDIT COMMITTEE - 29 NOVEMBER 2011
To note the Minutes of the Audit Committee meeting held on 29 November 2011.
Minutes attached
18. EXCLUSION OF PRESS AND PUBLIC
To consider the following Motion -
1. That under Section 100(A) 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 involve the likely disclosure of exempt information as described in paragraphs 1-7 of Part 1 of Schedule 12A of the Act, as amended by SI 2006 No. 88.
2. That Members consider the reasons for the following report being in
Part II and determine whether or not maintaining the exemption from disclosure of the information contained therein outweighs the public interest in disclosure.
19. PART II OFFICER REPORT - SENIOR OFFICER APPOINTMENTS
To consider a Part II Officer report concerning Senior Officer Appointments.
20. PART II MINUTES - AUDIT COMMITTEE - 29 NOVEMBER 2011
To note the Part II section of the Minutes of the Audit Committee meeting held on 29 November 2011.