Agenda and decisions

To confirm the Minutes of the meeting held on 12 June 2024.

Members to declare any interest as appropriate in respect of items to be considered at this meeting.

No items have been referred from Scrutiny Committee in accordance with the Scrutiny procedure rules.

A report providing a summary of the Treasury activities in 2023-24. The report also covers the actual position on the Prudential Indicators in accordance with the Prudential Code.

Cabinet

1)    RECOMMENDED to Council the approval of the Treasury Management Annual Report 2023-24;

2)    NOTED the actual position of the Prudential Indicators for 2023-24.

A report setting out the provisional year end position for the Housing Revenue Account (HRA), subject to external audit approval, for 2023-24 and provides information on the Council’s HRA balances and reserves.

Cabinet NOTED the provisional year end position, variations to the 2023-24 approved budget and the resultant effect on the Council’s HRA balances and reserves for both revenue and capital.

A report providing Members with information on the provisional year end for General Fund services for 2023/24 and the subsequent implications on the Council’s balances and reserves.

Cabinet

1)    NOTED the provisional year end position, variations to the 2023-24 approved budget and the resultant effect on the Council’s balances and reserves for General and Special Expenses and revenue and capital;

2)    Subject to final confirmation from Government, APPROVED the re-purposing of the £2m Levelling Up Fund (LUF) grant from the theatre to the Stockyard project to fund improvements to the existing trader hall and associated infrastructure in support of an enhanced cultural offer;

3)    INCREASED the current £11m in the capital programme for the stockyard project to £13m, the additional £2m being fully funded through the LUF grant;

4)    APPROVED submission of a planning application in relation to the required works.

A report providing an update to Cabinet on progress on delivering the aspirations set out in the Council's Corporate Strategy 2020-2024.

Cabinet NOTED the contents of the report and PROVIDED any observations or actions to the relevant officers accordingly.

A report setting out our proposed productivity programme and draft productivity plan response.

Cabinet

1)    APPROVED the submission of the Productivity Plan to the Government by 19th July 2024;

2)    APPROVED the publication of the Productivity Plan on the Council’s website following this submission;

3)    APPROVED the Council’s wider approach to financial sustainability and productivity programme.

A report seeking approval to write off debts over the value of £5,000 where there is little or no prospect of recovering them.

Cabinet

1)    NOTED the action taken by the Council to recover outstanding debts;

2)    AUTHORISED the Chief Finance Officer to write off of the debts shown in Appendices 1-3 of the report.

2)