The Policy and Resources
Committee:
Is responsible for:
(1) To be
responsible for:
·
Strategic policy, finance and corporate risk management including
recommending: Capital and Revenue Budget (including all fees and
charges); Medium Term Financial Strategy; and Corporate Plan to
Full Council
·
Finance including:
Ø
Treasury management
Ø
Local taxation
Ø
Insurance
Ø
Corporate procurement
Ø
Grants
Ø
Writing-off debt
Ø
Virements
Ø
Effective use of resources
·
Procurement Forward Plan
·
Local Plans (except for matters reserved to Full Council)
·
Information Technology
·
Strategic Partnerships
·
Customer Services and Resident Engagement
·
Emergency Planning
·
Equalities
(2) To be responsible for the oversight
of:
(a)
the overall financial performance of the
council
(b)
the performance of services other than those which
are the responsibility of the: Adults & Safeguarding Committee;
Housing & Growth Committee; Children, Education &
Safeguarding Committee; Community Leadership & Libraries
Committee; or Environment Committee
(c)
the council’s major strategic contracts
(Customer Support Group, Development and Regulatory Services, The
Barnet Group Ltd (Barnet Homes) and HB Public Law) including (but
not limited to):
Ø
Analysis of performance
Ø
Contract variations
Ø
Undertaking deep dives to review specific
issues
Ø
Monitoring the trading position and financial
stability of external providers
Ø
Making recommendations to theme committees on issues
arising from the monitoring of external providers
(4) Consider for
approval budget and business plan of the Barnet Group Ltd
(5) To be
responsible for those matters not specifically allocated to any
other committee affecting the affairs of the Council.