Issue - meetings

RESOLVED:

That Cabinet:

1.      Note the forecast budget position for revenue and capital as at October 2015 (Month 7).

2.      Agree the changes to the Treasury Management Strategy to extend the use of covered bonds and note the treasury management update as at October 2015 (Month 7) at Appendix E.

3.      Continue the delegated authority up until the 21 January 2016 Cabinet meeting to the Chief Executive to approve any consultancy and agency assignments over £50k, with final sign-off of any assignments made by the Leader of the Council. Cabinet are also asked to note those consultancy and agency assignments over £50k approved under delegated authority between the 19 November 2015 and 17 December 2015 Cabinet meetings, detailed at Appendix F.

4.      Approve re-phasing of £30,737k General Fund capital expenditure and associated financing budgets into later years of the capital programme.

5.      Approve re-phasing of £9,573k HRA capital expenditure budgets into later years of the capital programme.

6.      Approve the award of £10,000 to Uxbridge Forward to promote and co-ordinate activity in Uxbridge Town Centre.

7.      Endorse the decision taken by the Deputy Chief Executive and Corporate Director of Residents Services on 3 December 2015 to acquire the freehold of the Uniter Bunker at the former RAF Uxbridge site.

8.      Agree the implementation of the new EU inspection regime in relation to Imports of Products of Animal Origin from New Zealand at Heathrow Airport, along with the statutory charges as set out on the Addendum Sheet. Furthermore, that Cabinet request the Chairman of the Executive Scrutiny Committee to waive the scrutiny call-in period on the new charges, so they take immediate effect.

Reasons for decision

Cabinet was informed of the latest forecast revenue, capital and treasury position for the current year 2015/16 to ensure the Council achieved its budgetary and service objectives.

Cabinet made a range of further decisions in relation to the re-phasing of budgets, the award of a grant to Uxbridge Forward and noted a decision made to acquire the Cold War Bunker at the former RAF Uxbridge site, as part of the Council's plans for a new visitors centre for the Battle of Britain Bunker.

Cabinet received a late addendum to the meeting to request the implementation of a new EU decision in relation to New Zealand products of animal origin into the UK at Heathrow Airport and the related charges for this, which it agreed.

Alternative options considered and rejected

None.

Officer to action:

Paul Whaymand, Finance Directorate

Classification: Public

The report and any background papers relating to this decision by the Cabinet are available to view on the Council's website or by visiting the Civic Centre, Uxbridge.