Issue - meetings

Report of the Deputy Chief Executive (Corporate Direction) seeking approval of the Statement of Accounts for the year 2014/2015.

A minute extract from the meeting of the Finance, Audit & Performance Committee on 7 September 2015 is attached.

Members received the Statement of Accounts and Annual Governance Statement for 2014/15. During debate, the following points were raised:

·         The need to bring options to the next meeting of Council, to ensure a balanced budget going forward

·         The potential reduction in rental income next year, which would affect paying off of the HRA buyout loan

·         Concern regarding the increase in cost of the dry recycling contract

·         The intention to bring a plan with regard to housing to a future meeting of Council, following referral to the Scrutiny Commission

·         The council having gained from the loan to the Tin Hat Partnership.

It was moved by Councillor Surtees, seconded by Councillor Hall and

RESOLVED –

(i)            The Statement of Accounts for 2014/15 be approved;

(ii)           A report on options to address the funding gap be brought to the next meeting;

(iii)          A plan in relation to housing be brought to a future meeting, following referral to the Scrutiny Commission.

Report of the Deputy Chief Executive (Corporate Direction)

Members received the Statement of Accounts for 2014/15. During discussion, the transfer of the bus station car park to the Crescent developer and the profit share arrangement on the landholding were discussed.

RESOLVED – the report be endorsed and Council be RECOMMENDED to approve the Statement of Accounts.