Agenda and decisions

Members are asked to declare any interests in the items under consideration and in doing so state:

(1) the type of interest concerned either a

(a)   personal interest

(b)   prejudicial interest

(c)    disclosable pecuniary interest (DPI)

and

(2) the nature of the interest concerned

If any member requires advice on declarations of interests, they are advised to contact the Head of Democratic Governance in advance of the meeting.

To consider the re-establishment of a Shareholder Committee as a committee of the Executive following the election and the annual meeting.

The Executive resolved as follows:

1. To agree to re-constitute a committee of the Executive to be known as ‘The Shareholder Committee’. 

2. To agree that the Shareholder Committee will comprise of 3 members (the Deputy Leader of the Council (to be appointed as Chair), the Leader of the Council and Councillor M Scott (representative of the Principal Opposition Group as a Co-opted member.

3. To agree the updated powers and duties attached at Appendix 2a, to the Executive report, to be those delegated to the committee.

4. To note that the Shareholder Committee will continue to function in the same manner as the Executive, including following the Executive Procedure Rules.

5. To agree the dates of the Shareholder Committee for Municipal Year 2023/24, as outlined in the attached calendar at Appendix 2b, to the Executive report, as 29 June 2023, 13 July 2023, 21 September 2023, 12 October 2023, 9 November 2023, 14 December 2023, 18 January 2024, 22 February 2024, 21 March 2024 and 18 April 2024. To note that the meeting on the 29 June 2023 will likely be cancelled.

To consider the report of the Director of Resources on the Provisional Revenue Outturn for 2022/23 compared with the approved budget and the capital expenditure in the year ended 31 March 2023 with sources of funding.

The Executive agreed the recommendations as outlined above namely:

1. To approve the provisional revenue outturn for 2022/23 and in so doing to note that the figures are subject to external audit and final accounting adjustments (ref. paragraph 2.1 of Appendix 3a, to the Executive report).

2. To approve the recommendations regarding the treatment of specific service under / overspends as outlined (ref. paragraph 3.3 of Appendix 3a, to the Executive report).

3. To approve the provisional capital outturn for 2022/23 and methods of scheme funding as outlined (ref. paragraphs 4.2 and 4.5 of Appendix 3a, to the Executive report).

4. To note the Prudential Indicator (ref. paragraph 4.3 of Appendix 3a, to the Executive report).

5. To note the levels of the earmarked reserves including those for the Housing Revenue Account and maintained schools (ref. paragraphs 6.1, 6.3 and 6.4 of Appendix 3a, to the Executive report).

6. To note the revised dates and process for the draft, final audited accounts and the public inspection of accounts (ref. paragraph 8.1, 8.2 and 8.3 of Appendix 3a).

To consider the report of the Director of Resources on the Treasury Management Outturn Report for the year ended 31 March 2023.

The Executive agreed the recommendation as outlined above namely:

To note the report on treasury management activities for the financial year ending 31 March 2023.