Issue - meetings

To consider the report of the Head of Finance, Procurement & Commercial Services.

(Relevant Portfolio Holder: Councillor R Molloy)

Consideration was given to the report of the Head of Finance, Procurement and Commercial Services, as contained on pages 89 to 104 of the Book of Reports, which set out the framework for capital financing and treasury management operations for the next financial year.

The Minutes of Executive Overview & Scrutiny Committee and Cabinet had been circulated prior to the meeting.

In accordance with the Local Authorities (Standing Orders) (England) (Amendment) Regulations 2014, voting on the Motion was recorded as follows:

FOR:          Councillors: Aldridge, Anderson, Burnside, Coughlan, Cummins, Dowling, Fennell, Fillis, Finch, Fowler, Furey, Gagen, N Hennessy, P Hennessy, Hogan, Lawson, Lloyd, Molloy, Nixon,

G Owen, Parlour, Patel, Pryce-Roberts, West and Yates (TWENTY FIVE)

AGAINST: Councillors: Bailey, Blundell, Daniels, de Freitas, Gordon, Hesketh, Howard, Juckes, Mrs Marshall, Rigby, Webster,

D Westley, Mrs Westley, Whittington and Witter (FIFTEEN)

The Motion was CARRIED.

RESOLVED:   That the Capital Strategy and Programme for 2024/25 be agreed.

To consider the report of the Head of Finance, Procurement & Commercial Services.

(Relevant Portfolio Holder: Councillor R Molloy)

Councillor Molloy introduced the report of the Head of Finance, Procurement & Commercial Services, which set the framework for capital financing and treasury management operations for the next financial year.

The Minute of the Executive Overview & Scrutiny Committee had been circulated prior to the meeting.

In reaching the decision below, Cabinet considered the report before it and the recommendations contained therein.

RESOLVED: That the Capital Strategy and Programme for 2024/25 be noted.

To consider the Report of the Head of Finance, Procurement & Commercial Services.

The Finance Manager outlined the report of the Head of Finance, Procurement and Commercial Services as contained on pages 369 to 384 of the Book of Reports, which was to set the framework for capital financing and treasury management operations for the next financial year.

Comments and questions were raised in respect of the following:

·       UKSPF – Strong Team with clear plans in place for how this is allocated.

·       Wellbeing and Place Services increases significantly into next year. Does this include Leisure Centres? - An element is Skelmersdale Town Centre project, also UKSPF. It doesn't include Leisure Centres.

RESOLVED: That the Capital Strategy and Programme for 2024/25 be noted.