Agenda

Venue: Guildhall

Contact: Committee Administration 01905 722027, 722005, 722085 

Items
No. Item

1.

Appointment of Substitutes

To receive details of any Member nominated to attend the meeting in place of a Member of the Committee.

2.

Declarations of Interest

To receive any declarations of interest.

3.

Public Representations

Up to a total of fifteen minutes can be allowed, with each speaker being allocated a maximum of five minutes, for members of the public to present a petition, ask a question or comment on any matter on the Agenda or within the remit of the Committee.

4.

Minutes pdf icon PDF 58 KB

Of the meeting held on 10th December 2019 to be approved and signed.

5.

Quarter 3 Performance Report for 2019/20 pdf icon PDF 82 KB

That the Policy and Resources Committee notes the Council’s Quarter 3 performance for 2019/20.

Additional documents:

6.

Q3 Financial Monitoring Report 2019/20 pdf icon PDF 180 KB

1.     That the Committee reviews the financial monitoring details including budget variances and performance indicators for the 3rd quarter ended 31 December 2019; and

 

2.   That the Committee reviews the proposed write-offs of Council Tax and Business Rates for the quarter and approves the amounts noted.

Additional documents:

7.

Annual Survey 2019 Results pdf icon PDF 110 KB

That the Policy and Resources Committee notes the results from the Annual Survey 2019.

Additional documents:

8.

Draft Budget 2020/21 and Draft Medium Term Financial Plan 2020-2024 - Consultation With Policy Committees pdf icon PDF 93 KB

That the Committee consider the proposed amendments to the draft budget for the Council for the financial year 2020/21 and Medium Term Financial Plan 2019-2025, as set out in Appendix 1.

Additional documents:

9.

Proposed Budget 2020/21 and Medium Term Financial Plan 2020/21 - 2024/25 pdf icon PDF 197 KB

1.           That the Committee endorses the proposed Budget and Council Tax for 2020/21 and the proposed Medium Term Financial Plan for the next five year period 2020/21 – 2024/25, and recommends them  to Full Council on 18 February 2020 including the following resolutions:

a.    That the Budget Requirement for Worcester City Council (excluding Parish Precepts) 2020/21 be set at £10.747m;

b.    That the Council Tax Requirement for Worcester City Council (excluding Parish Precepts) 2020/21 be set at £6.155m; and

c.    That the Band D Council Tax for Worcester City Council (excluding Parish Precepts) be set at £190.88;

2.           That the Committee approves the Treasury Management Strategy at Appendix 7 including the MRP policy statement and the prudential indicators set out in the Strategy;

 

3.           That the Committee approves the transfer of £150,000 of the specific earmarked reserves named in para 7.4 to the 2020/21 revenue budget and the release of the 2018/19 out-turn surplus of £182,000 into the City Plan Fund; and

 

4.           That the Committee considers the proposals brought forward by the Policy Committees during January 2020 and includes those approved in the recommendations to Full Council.

Additional documents:

10.

Fees and Charges 2020-21 pdf icon PDF 79 KB

That the Committee receives the report of the review of Fees and Charges for 2020/21 from the Income Generation Sub-Committee and recommends its approval to Full Council on 18 February 2020.

11.

Capital and Investment Strategies 2020/21 - 2022/23 pdf icon PDF 110 KB

That the Committee recommends to Council that:

 

i.    the Capital Strategy and Investment Strategy for 2020/21 – 2022/23 as set out in Appendices 1 and 2 be adopted;

 

ii.   that the limit on the Development Fund be revised in accordance with the proposals set out in the report; and

 

iii.  the Authorised Limit and Operational Boundary for external debt be revised in accordance with the proposals set out in the report.

Additional documents:

12.

Any Other Business

Which in the opinion of the Chairman is of sufficient urgency as to warrant consideration.

13.

Item Involving the Disclosure of Exempt Information

The Committee are invited to pass the following resolution:-

 

That under Section 100A(4) of the Local Government Act 1972, the press and public be excluded from the meeting for the following item of business on the grounds that it involves the likely disclosure of information as defined in Schedule 12A of the said Act.

PART II

(ITEMS FOR DISCUSSION AND DECISION IN PRIVATE)

14.

Development Fund Proposal

To approve the purchase of a property on the terms set out in this report and to delegate authority to the Corporate Director Finance and Resources and Deputy Director Governance to complete the necessary legal agreements.