Policy And Resources Committee - 14/11/2005
At a MEETING of the FINANCE COMMITTEE held at Dundee on 14th November 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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Jill SHIMI |
Fraser MACPHERSON |
Christina ROBERTS |
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Kevin KEENAN |
Helen DICK |
Jim BARRIE |
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George REGAN |
Nigel DON |
Elizabeth F FORDYCE |
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Julia M STURROCK |
Bob DUNCAN |
Roderick A J WALLACE |
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Fiona M GRANT |
Richard BEATTIE |
Charles A WEBSTER |
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Christopher HIND |
Andrew DAWSON |
Derek J SCOTT |
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Joe MORROW |
Willie W SAWERS |
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Joe FITZPATRICK |
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Councillor Fraser MacPherson, Convener, in the Chair.
The minute of meeting of this Committee of 17th October 2005 was held as read.
Unless marked thus * all items stand delegated.
I RELIEF OF RATES - CHARITY RELIEF
There was submitted Report No 680-2005 by the Depute Chief Executive (Finance) seeking authorisation to grant charity relief on the undernoted non-domestic properties:-
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APPLICANT |
SUBJECTS |
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Scottish Society for Autism |
Office 11 Buchanan Street DUNDEE |
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Tayside Foundation for the Conservation of Resources |
Warehouse 1st and 2nd Floor 44 West Henderson's Wynd West DUNDEE |
The Committee approved accordingly.
II REVENUE MONITORING
There was submitted Report No 657-2005 by the Depute Chief Executive (Finance) providing the Committee with analysis of the 2005/2006 Projected Revenue Outturn as at 30 September 2005 monitored against the adjusted 2005/2006 Revenue Budget.
The Committee:
(i) noted that the overall General Fund 2005/2006 Projected Revenue Outturn as at 30 September 2005 showed an overspend of 176,000 against the adjusted 2005/2006 Revenue Budget.
(ii) noted that the Housing Revenue Account Projected Outturn was projecting an overspend of 307,000 against the adjusted 2005/2006 Revenue Budget.
(iii) instructed the Depute Chief Executive (Finance) to take every reasonable action to ensure that the 2005/2006 Revenue expenditure was below or in line with the adjusted Revenue Budget.
(iv) instructed the Depute Chief Executive (Finance) in conjunction with all Chief Officers of the Council to continue to monitor the Council's 2005/2006 Projected Revenue Outturn.
III CAPITAL MONITORING
After considering Report No 656-2005 by the Depute Chief Executive (Finance) appraising members of the latest position regarding the Council's Capital Expenditure Programme for 2005/2006 the Committee noted the contents of the report.
IV TREASURY MANAGEMENT ACTIVITY 2005/2006 (SIX MONTHS TO 30 SEPTEMBER 2005)
On a reference to Article V of the minute of meeting of this Committee of 18th April 2005 there was submitted Report No 663-2005 by the Depute Chief Executive (Finance) reviewing the Treasury Management Activities for the period 1 April 2005 to 30 September 2005.
The Committee noted the information contained therein and agreed that the maximum deposits limit be increased from 10m to 12m with the counterparties shown in Appendix B of the Report.
Fraser MacPHERSON, Convener