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Agenda and minutes

Venue: Committee Room 2 - 3rd Floor - Civic Centre. View directions

Contact: Dereck Francis  Tel: 01902 555835 or Email: dereck.francis@wolverhampton.gov.uk

Items
No. Item

1.

Apologies for absence

Minutes:

Apologies for absence were submitted on behalf of Cllr Sandra Samuels.

2.

Declarations of interests

Minutes:

No declarations of interests were made.

3.

Minutes of the previous meeting - 14 September 2016 pdf icon PDF 77 KB

[For approval]

Minutes:

Resolved:

That the minutes of the meeting held on 14 September 2016 be approved as a correct record and signed by the Chair.

4.

Matters arising

[To consider any matters arising from the minutes of the previous meeting]

Minutes:

There were no matters arising from the minutes of the previous meeting.

5.

Financial Plan and Efficiency Strategy pdf icon PDF 178 KB

[To review the Council’s draft Financial Plan and Efficiency Strategy prior to its consideration for approval by Full Council on 9 November 2016]

Additional documents:

Minutes:

Cllr Andrew Johnson presented for review the Council’s draft Financial Plan and Efficiency Strategy prior to its consideration for approval by Full Council on 9 November 2016.

 

The updated Financial Plan and Efficiency Strategy provided further evidence to support the Council’s submission for a four year central government funding settlement which would enable the authority to operate with increased financial certainty in the medium term. 

 

Cllr Johnson also paid tribute to the employees involved in producing the draft Financial Plan and Efficiency Strategy

 

Resolved:

1.     That authority be delegated to the Cabinet Member for Resources, in consultation with the Director of Finance, to agree the final amendments to the Financial Plan and Efficiency Strategy prior to presentation to Full Council in November, where approval for publication would be sought.

 

2.     That the draft version of the Financial Plan and Efficiency Strategy be noted.

 

3.     That it be noted that the submission to the Secretary of State had now been made for the four year settlement. Confirmation of the Council’s submission had been received and the Council was now awaiting further details from the Department for Communities and Local Government.

 

 

 

 

6.

Draft Budget and Medium Term Financial Strategy 2017/18 - 2019/20 pdf icon PDF 700 KB

[To receive an update on progress towards identifying additional opportunities to address the projected £22.2 million budget deficit for 2017/18 and to seek approval to progress the budget reduction and income generation proposals to the formal budget consultation and scrutiny stages of the budget process]

Minutes:

Cllr Andrew Johnson presented the report on an update on progress towards identifying additional opportunities to address the projected £22.2 million budget deficit for 2017/18. The proposals that were initially reported to Cabinet in July 2016 had been further developed in recent months.  Approval was requested to progress the budget reduction and income generation proposals to the formal budget consultation and scrutiny stages of the budget process.

 

Resolved:

1.     That budget reduction and income generation proposals amounting to £13.5 million in 2017/18 proceed to the formal consultation and scrutiny stages of the budget process.

 

2.     That Financial Transaction and Base Budget Revisions totalling a net reduction of £10.0 million in 2017/18 be incorporated into the 2017/18 draft budget.

 

3.     That authority be delegated to the Cabinet Member for Resources in consultation with the Director of Finance to explore the option of making further pension contributions to the West Midlands Pension Fund in 2017/18, in order to reduce the total costs and secure on-going budget reductions to support the budget challenge that the Council would face in future years

 

4.     That the removal of the previously approved ‘Restructuring of the Library Service’ budget reduction totalling £500,000 in the Medium Term Financial Strategy in 2017/18 to allow the development of a five year libraries strategy which would be informed by engagement and consultation, as recommended by the Libraries Peer Review be approved.

 

5.     That the re-profile of the previously approved ‘Children’s Services Re-design’ budget reduction; to delay £375,000 of the budget reduction from 2017/18 to 2018/19 in the Medium Term Financial Strategy to allow the Children’s Service Re-design to be fully embedded be approved.

 

6.     That the re-profile of the previously approved ‘Reconfiguration of the Residual Waste Collection Service’ budget reduction by £500,000 from 2017/18 to 2018/19 in the Medium Term Financial Strategy, whilst the review household waste and recycling centres is undertaken be approved.

 

7.     That the further re-profile of £600,000 from 2017/18 to 2018/19 (£300,000) and 2019/20 (£300,000) of the ‘Review of Waste and Recycling’ budget reduction which was presented to Cabinet in July 2016, to reflect a potential implementation date of June 2017 be approved.

 

8.     That the removal of the ‘Re-provision of Staff Counselling Service’ budget reduction proposal totalling £20,000 in 2017/18, which was presented to Cabinet in July 2016, due to the outcome of the procurement exercise, which attracted no tender submissions be approved.

 

9.     That authority be delegated to the responsible Cabinet Member and the Cabinet Member for Resources, in consultation with the responsible Director and the Director of Finance to implement financial transactions and base budget revisions at the earliest opportunity where the proposal is not reliant on the outcome of formal budget consultation.

 

10.That authority be delegated to the Cabinet Member for Resources in consultation with the Director of Finance to approve the final budget consultation arrangements.

 

11.That it be noted that the 2016/17 Budget and Medium Term Financial Strategy (MTFS) 2016/17 - 2019/20 was presented to Full Council for approval on  ...  view the full minutes text for item 6.

7.

100% Business Rates Retention Pilot pdf icon PDF 297 KB

[To receive an update on the 100% Business Rates Retention Pilot and to approve participation in the pilot from April 2017]

Minutes:

Cllr Andrew Johnson sought approval for the Council to participate in the 100% Business Rates Retention Pilot from April 2017.  Participation in the pilot was only open to Constituent Members of Combined Authorities. The pilot would also operate on a no financial detriment basis. 

 

Resolved:

1.     That the City of Wolverhampton Council, as one of the Constituent Members of the West Midlands Combined Authority, participates in a business rates retention pilot from April 2017, on a no detriment basis and in accordance with the terms outlined in this report.

 

2.     That Birmingham City Council act as lead authority in order to co-ordinate arrangements and liaise with Department for Communities and Local Government over all matters relating to the pilot and that a fee is payable in recognition of any costs incurred relating to this role.

 

3.     That authority be delegated to the Cabinet Member for Resources, in consultation with the Director of Finance, to approve any changes to the terms outlined in the report, which may be necessary as the negotiation of the detailed terms of the pilot are progressed by the Combined Authority.

 

4.     That it be noted that the agreement to participate is subject to each individual constituent member authority’s decision on whether to proceed with the pilot.

 

 

 


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