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Agenda and minutes

Venue: Committee Room 1 Marmion House, Lichfield Street, Tamworth

Contact: Democratic Services  01827 709264

Items
No. Item

125.

Apologies for Absence

Minutes:

None

126.

Minutes of the Previous Meeting pdf icon PDF 222 KB

Minutes:

The minutes of the meeting held on 17 March 2016 were approved and signed as a correct record.

 

(Moved by Councillor R Pritchard and seconded by Councillor S Claymore)

127.

Declarations of Interest

To receive any declarations of Members’ interests (pecuniary and non-pecuniary) in any matters which are to be considered at this meeting.

 

When Members are declaring a pecuniary or non-pecuniary interest in respect of which they have dispensation, they should specify the nature of such interest.  Members should leave the room if they have a pecuniary or non-pecuniary interest in respect of which they do not have a dispensation. 

Minutes:

There were no Declarations of Interest.

128.

Question Time:

To answer questions from members of the public pursuant to Executive Procedure Rule No. 13

Minutes:

None

129.

Matters Referred to the Cabinet in Accordance with the Overview and Scrutiny Procedure Rules

None

Minutes:

None

130.

Temporary Reserves, Retained Funds and Provisions pdf icon PDF 233 KB

(The Report of the Portfolio Holder for Operations and Assets)

 

Additional documents:

Minutes:

The Portfolio Holder for Operations and Assets requesting Members approval for the establishment or retention of Temporary Reserves, Retained Funds and Provisions, to write back to balances those reserves that have been identified as no longer being required.

 

RESOLVED:

That Cabinet approved

1

in principal the creation/retention of Temporary Reserves, Retained Funds and Provisions as detailed in the report and considered whether a spending plan against each of the individual reserves would be required;

 

2

that should the actual outturn level adversely vary from the predicted outturn, adjustments will be made and Members may be asked to review the creation of these reserves; and

 

3

the write-back of reserves identified at as no longer being required in the sum of £33k to Balances as detailed above, to support the Medium-Term Financial strategy.

 

 

(Moved by Councillor R Pritchard and seconded by Councillor D Cook)