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Website URL : http://www.swansea.gov.uk/index.cfm?articleid=619
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Agenda and minutes

Venue: Committee Room 5, Guildhall, Swansea. View directions

Contact: Scrutiny 636292 

Items
No. Item

1.

Disclosure of Personal and Prejudicial Interests.

Minutes:

·         None

2.

Notes, Conveners Letter and Response pdf icon PDF 119 KB

To approve & sign the Notes of the previous meeting(s) as a correct record.

Additional documents:

Minutes:

·         Approved

3.

Public Questions

Minutes:

·         None

4.

Reserves Update pdf icon PDF 129 KB

·         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

5.

Mid-Year Budget Statement 18/19 pdf icon 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

6.

Annual Review of Performance 17/18 pdf icon 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

7.

Work Plan 2018-2019 pdf icon PDF 67 KB

Minutes:

·         Discussed work plan items

 

Contacts:
© 2011 City and County of Swansea
Civic Centre, Oystermouth Road, Swansea. SA1 3SN. Tel: 01792 636000 Fax: 01792 636340