Agenda item

The Committee considered the report and the supplementary information.

The Chief Operating Officer agreed to circulate a briefing with further details on the one company that was dissolved with over £1.3 million in debt to the Council; including information on what steps had been taken to recover the money and any warning signs that the Council should have taken action.

Having been put to the vote the Committee voted on each recommendation individually as follows:

Recommendation 1 and 8

For: 7

Against: 0

Abstain: 5

All other recommendations

For: 12

Against: 0

Abstain: 0

The Committee;

RESOLVED –

1.    To note the updated Medium Term Financial Strategy up to 2020 as set out in Appendix A and the assumptions underpinning this in section 1.3.5;

2.    To agree the additional savings targets for Theme Committees as set out in paragraph 1.3.5 for allocating the remaining budget gap;

3.    To agree the process for the review of the capital programme as set out in section;

4.    To agree the process of consultation as set out in section 5.5;

5.    To agree the movements in budget in 2015/16 as set out in section 1.6;

6.    To note the reserves balances as set out in section 1.5;

7.    To instruct officers to work with the CCG to ensure that the full amount of the Better Care Fund previously allocated to social care is allocated to support Adults Social Care from April 2016 onwards; and

8.    To approve the write offs in Appendix D.