Venue: Committee Room 5, Guildhall, Swansea. View directions
Contact: Scrutiny 636292
No. | Item |
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Disclosure of Personal and Prejudicial Interests. Minutes: · None |
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Notes, Conveners Letter and Response PDF 119 KB To approve & sign the Notes of the previous meeting(s) as a correct record. Additional documents: Minutes: · Approved |
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Public Questions Minutes: · None |
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· Ben Smith – Head of Financial Services and Service Centre Additional documents: Minutes: · Report recently went to Council · Section 21 of the report sets out the overall position · The general fund is at the minimum acceptable level · The overspend remains ‘sticky’ · Earmarked reserves are needed for specific purposes · Revenue can be used to support capital but not the other way round · The first quarter £3m was an unprecedented draw from general reserves · The insurance reserves will drift down · The reserves will dwindle for various reasons · The outlook is difficult due to real terms austerity · All other authorities are in the same position · General funds are for emergencies and not planned to be used · No ‘cash’ behind the unusable reserves e.g an asset value or road value · 18/19 contingency fund fully expended · Compensation will need to be made to afford the capital financing costs · Schools are £45m out of the capital programme total · Departure costs are redundancy and early access pension |
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Mid-Year Budget Statement 18/19 PDF 107 KB · Ben Smith – Head of Financial Services and Service Centre Additional documents: Minutes: · Average settlement was -.3% for local authorities · Still awaiting the amount of revenue support grant · Assumption of council tax increase of 6.3% - policy decision for each Council · Money goes from central government to welsh government, health spending increased, local government has a minus figure |
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Annual Review of Performance 17/18 PDF 126 KB · Richard Rowlands – Corporate Performance Manager Additional documents: Minutes: · Must write and publish the annual report to achieve objectives under WBFGA · Explores – what we are doing/how we are doing it/how changes work as a result of the act/governance and accountability · As move forward into 2017-2022 the detail will develop · Aim to try and identify performance indicators to report on and use case studies · Information from other performance reports is used to mitigate cost and impact of report development · New corporate priority will be reported on in next year’s report – developing PIs now · The WBFGA is being built into planning and governance and working on embedding it going forward · High level decisions need to be filtered down into work practices · Discussed European funding for a range of projects designed for young people who are NEET |
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Minutes: · Discussed work plan items |
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