Policy And Resources Committee - 17/01/2005
At a MEETING of the POLICY AND RESOURCES COMMITTEE held at Dundee on 17th January 2005.
Present:-
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Lord Provost John R LETFORD |
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BAILIES
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C D P FARQUHAR |
John CORRIGAN |
Bruce D MACKIE |
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Helen WRIGHT |
Neil I C POWRIE |
Ian BORTHWICK |
COUNCILLORS
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Kevin KEENAN |
Fraser MACPHERSON |
Jim BARRIE |
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George REGAN |
Helen DICK |
Will DAWSON |
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Julia M STURROCK |
Nigel DON |
Elizabeth F FORDYCE |
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Fiona M GRANT |
Bob DUNCAN |
Roderick A J WALLACE |
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Christopher HIND |
Richard BEATTIE |
Charles A WEBSTER |
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Joe MORROW |
Andrew DAWSON |
Derek J SCOTT |
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Willie W SAWERS |
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Joe FITZPATRICK |
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Councillor Grant, in the Chair.
The minute of meeting of this Committee of 10th January 2005 was held as read.
Unless marked thus * all items stand delegated.
I REVENUE BUDGET 2005/06 - HOUSING REVENUE ACCOUNT
There was submitted Report No 26-2005 by the Depute Chief Executive (Finance) relative to the above.
The Committee:
(i) approved the 2005-06 revenue budget for the Housing Revenue Account.
(ii) remitted further consideration of this matter to the Housing Committee in order that it may set the 2005/06 rent levels.
II REVISED LOCAL GOVERNMENT FINANCE SETTLEMENT 2005/08 AND REVENUE BUDGET/COUNCIL TAXSETTING PROCEDURE
There was submitted Report No 56-2005 by the Depute Chief Executive (Finance) advising members of the recent announcements made by the Minister for Finance and Public Services in respect of the Local Government finance settlement for the three year period 2005/2008.
The Committee:
(i) noted the Council's Aggregate External Finance settlement for the three year period 2005-2008, as recently announced by the Minister for Finance and Public Services.
(ii) noted the current position on the Revenue Budget for the three year period 2005-2008.
(iii) approved the procedures to be followed for setting the 2005-2008 Revenue Budget and Council Tax levels, as set out in Section 12 and Appendix A of the report.
(iv) instructed the Chief Executive and Leader of the Administration to write to the Minister for Finance and Public Services setting out the severe implications of this settlement for Dundee City Council in respect of financial years 2006/07 and 2007/08 and requesting that the settlement for these years be revised.
(v) agreed that a copy of this letter be sent to the City MSPs.
III WARD ROAD GYM
Councillor Macpherson declared a non-financial interest in this item by virtue of being a member of the Ward Road Gym Board.
After considering Report No 35-2005 by the Chief Executive the Committee approved a loan of 73,000 to the Ward Road Gym Trust at an interest rate of 6.05% to be repaid over 10 years.
Fiona GRANT, Convener