To consider the Medium Term Financial Plan (MTFP) update report scheduled for Cabinet consideration on 26 October 2022.
The Committee is asked to scrutinise and comment on the report and if required to make recommendations or observations as appropriate.
Cabinet members invited to attend for this item: Councillor Drew Mellor, Leader of the Council and Portfolio Holder for Finance and Transformation.
Please note that this report contains an appendix with exempt information ‘as defined in Paragraph 3 in Part I of Schedule 12A of the Local Government Act 1972. If the Committee wish to discuss information in relation to this appendix it may take a decision to exclude the press and public.
(Paragraph 3 - Information relating to the financial or business affairs of any particular person (including the authority holding that information)
This item was restricted in part by virtue of Paragraph 3 of Schedule 12A of the Local Government Act 1972.
Exempt information – Category 3 (Information relating to the financial or business affairs of any particular person (including the authority holding that information))
The Leader and Portfolio Holder for Finance and Transformation presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'B' to these Minutes in the Minute Book. The Leader and Officers responded to questions and comments from members on a number of issues, including:
RESOLVED that under Section 100 (A)(4) of the Local Government Act 1972, the public be excluded from the meeting for the following item of business on the grounds that it involves the likely disclosure of exempt information as defined in Paragraph 3 of Schedule 12A of the Act and that the public interest in withholding the information outweighs such interest in disclosing the information.
The Committee referred to Appendix B of the report which provided a schedule of non-strategic asset sales. The Committee was advised that the schedule did not constitute a final list but rather gave notice of options being considered. Once finalised, the list of assets for sale would require full Council’s approval. Committee members had the opportunity to ask questions and make comments on the contents of the appendix.
The meeting then resumed in public session
The Committee agreed to retain the proposed date of 21 November 2022 for a further special meeting to consider the next Cabinet budget report, with the most suitable representation attending to respond to questions should the Leader no longer be available as now indicated.
There were no formal recommendations from the Committee to Cabinet on this report.