Agenda and minutes

There were no substitutions at the meeting.

There were no declarations of disclosable pecuniary interests and personal or personal and prejudicial interests.

No whip was declared.

Resolved – That the minutes of the proceedings of the meetings held on 17 November 2022 (x2), having been printed and circulated amongst the members, be taken as read and correctly recorded and be signed by the Chairman.

There were no public speaking requests received.

The Chairman welcomed Becky McIntyre, Nina Torr and Mark Kitching to the meeting, the council’s Director: Governance and Communities, Assistant Director - Resources and Performance and Head of Financial Services respectively.  The council officers had been invited to guide the members through the local government finance settlement and how it had impacted on the council’s financial planning.

The Director delivered a presentation to members on the following –

Ø  Financial strategy for achieving a sustainable council

Ø  Local Government Finance Settlement

Ø  Forecast spending power

Ø  Changes in spending power

Ø  Medium Term Financial Planning and proposed budget adjustments

Ø  Council reserves

Ø  Robustness of estimates

Ø  Capital Investment Strategy

Ø  Capital Investment Programme

Ø  Treasury Management Strategy

Following the completion of the presentation, the Chairman facilitated a discussion between Panel Members and Mrs McIntyre, Mrs Torr and Mr Kitching.

Resolved – (a) That the presentation be received with thanks, and (b) that the Director: Governance and Communities, Assistant Director - Resources and Performance and Head of Financial Services  be thanked for their attendance, presentation and for answering members’ questions.

There was no added item for consideration at the meeting.

There was no urgent business for consideration at the meeting.