Agenda and decisions

Cabinet - Tuesday, 10th November, 2020 7.00 pm

Contact: Helen Tambini  0115 9148320

Items
No. Item

2.

Declarations of Interest

3.

Minutes of the Meeting held on 8 September 2020 pdf icon PDF 243 KB

4.

Opposition Group Leaders' Questions

To answer questions submitted by Opposition Group Leaders on items on the agenda.

5.

Citizens' Questions

To answer questions submitted by citizens on the Council or its services.

6.

Revenue and Capital Budget Monitoring 2020/21 - Financial and Covid Update Quarter 2 pdf icon PDF 657 KB

The report of the Executive Manager – Finance and Corporate Services is attached.

Decision:

It was RESOLVED that the report be approved and the following be noted:

 

a)    the projected net effect of in-year efficiencies (£0.497m) and Covid-19 pressures (£2.355m) and Covid Government funding (£1.614m) resulting in an expected net revenue deficit for the year of £0.244m;

 

b)    a projected £3.017m net surplus on Business Rates as a result of additional S31 reliefs be transferred to the Organisation Stabilisation Reserve to offset the expected Collection Fund deficit in later years;

 

c)    the £0.723m receipts be transferred to reserves as follows - £0.523m to Organisation Stabilisation and £0.2m to the Development Corporation Reserve;

 

d)    the capital underspend of £23.8m, of which £18.465m be carried forward: £17.965m to 2021/22 Capital Programme and £500k to 2022/23 Capital Programme;

 

e)    the projected Special Expenses position with a projected deficit of £0.082m for the year be financed by a loan from the Council as agreed by the West Bridgford CIL and Special Expenses Group; and

 

f)     the six-month trial to engage Waste Investigations Support and Enforcement to deliver enforcement of environmental crimes (following on from Communities Scrutiny Group discussions).

 

 

 

 

7.

Development Corporation pdf icon PDF 237 KB

The report of the Chief Executive is attached.

Additional documents:

Decision:

It was RESOLVED that:

 

a)    the progress made to date of the East Midlands Development Corporation Programme, and the establishment of an interim vehicle be noted;

 

b)    the principle of making a financial contribution to support the interim vehicle over the next three years be approved, subject to further negotiation and agreement by Council and subject to match funding from other affected local authorities and Government and, thereafter, the funding arrangements be included within the Medium Term Financial Strategy for 2021/22 onwards;

 

c)    the Chief Executive be requested to prepare a report including further detail on the Interim Vehicle and Rushcliffe Borough Council’s involvement in it, to be ratified by Full Council in December 2020; and

 

d)    the Council entering into the Members’ Agreement and participating in the incorporation of the Interim Vehicle Company Limited by Guarantee be approved in principle, and delegated authority be granted to the Leader and Chief Executive for agreeing the final form of the Members’ Agreement and Articles of Association subject to agreement by Council.

8.

Acquisitions and Disposal Policy pdf icon PDF 140 KB

The report of the Executive Manager – Transformation is attached.

Additional documents:

Decision:

It was RESOLVED that the Acquisitions and Disposals Policy 2020-2025 be approved.