Decision details

(i) To recommend to The Executive that they recommend to Council budget proposals for the financial year ended 31 March 2018 in respect of Revenue and Capital, together with approval of the Capital Plan and its associated funding.
(ii) To agree revised charges, where appropriate, for the year ended 31 March 2018.
(iii) To approve remits of any earmarked reserves proposed.
(iv) To approve any delegations arising from items above.

Matter for Decision

To consider the revenue and capital budgets for the portfolio.

Decision of the Executive Councillor for Finance and Resources

     i.        Approved the proposed charges as shown in appendix A.

    ii.        Considered the revenue proposals as shown in appendix B.

   iii.        Considered the capital budget proposals as shown in appendix c.

  iv.        Adjust capital funding for item 2c.

Reason for the Decision

As set out in the Officer’s report.

Any Alternative Options Considered and Rejected

Not applicable.

Scrutiny Considerations

The Committee received a report from the Head of Finance.  A revised report had been circulated to all members previously which included the mooring fees (appendix A4) which had erroneously been included in the Street and Open Spaces portfolio.

Cllr Cantrill sought clarification on:

     i.        Mooring fees and charges (page 13).

    ii.        Customer Service Transformation (page 14)

   iii.        Commercial property acquisition additional income (page12)

The Executive Councillor said the following in response to questions:

     i.        The decision to defer any increase in fees had been made in March 2016, however this had not been followed up on the income assumptions so the budget change rectified that.  There was no assumption on 2017/18 or future years budget until the outcome of the consultation on moorings is considered by the scrutiny committee.

    ii.        The saving was a vacant post that would not be filled.

   iii.        It was anticipated a larger return in 2018/19 onwards when the full acquisition budget had been used to generate long term income.

The Committee resolved by 3 votes to 0 to endorse the recommendation.

The Executive Councillor approved the recommendations.

Conflicts of Interest Declared by the Executive Councillor (and any Dispensations Granted)

No conflicts of interest were declared by the Executive Councillor.