Policy And Resources Committee - 10/09/2001

At a MEETING of the FINANCE COMMITTEE held at Dundee on 10th September, 2001.

 

Present:-

 

COUNCILLORS

 

Lord Provost John R LETFORD

Andrew DAWSON

C D P FARQUHAR

George de GERNIER

Joe FITZPATRICK

Fraser MACPHERSON

Helen WRIGHT

Allan PETRIE

Jim BARRIE

Betty WARD

George REGAN

Julia M STURROCK

Jill SHIMI

Bruce D MACKIE

Neil GLEN

Neil I C POWRIE

Roderick A J WALLACE

Elizabeth F FORDYCE

Ian BORTHWICK

Kenneth J N GUILD

Fiona M GRANT

Robin PRESSWOOD

Derek J SCOTT

David BOWES

Richard BEATTIE

John CORRIGAN

Mervyn J ROLFE

 

Dave BEATTIE

 

 

Councillor George REGAN, Convener, in the Chair.

 

The minute of meeting of this Committee of 20th August 2001 was held as read.

 

Unless marked thus * all items stand delegated.

 

I SUPERANNUATION INVESTMENT SUB-COMMITTEE

 

The minute of meeting of the Superannuation Investment Sub-Committee of 22nd August, 2001, a copy of which is appended hereto was submitted for information and record purposes.

 

II CAPITAL MONITORING

 

After considering Report No.540-2001 by the Director of Finance appraising members on the latest position regarding the Council's expenditure programme for 2001/2002, the Committee noted the contents the Report.

 

III REVENUE MONITORING

 

There was submitted Report No.559-2001 by the Director of Finance providing the Committee with an analysis of the 2001 - 2002 Projected Revenue Outturn as at 31 July 2001 monitored against the adjusted 2001/2002 Revenue Budget.

 

The Committee:-

 

a.noted that the overall General Fund 2001/02 Projected Revenue Outturn as at 31 July 2001 showed an overspend of 1,063,000 against the adjusted 2001/02 Revenue Budget;

 

b.noted that the Housing Revenue Account Projected Outturn was in line with the approved 2001/2002 Final Revenue Budget;

 

c.instructed the Director of Finance to take every reasonable action to eliminate the projected overspend referred to in a. above;

 

d.instructed the Director of Finance, in conjunction with all Chief Officers of the Council to continue to monitor the Council's 2001/02 Projected Revenue Outturn.

 

In addition, the Committee remitted to the Chief Executive to write to the Justice Minister and Local Government Minister regarding the inadequate funding arrangements for Secure and Residential Care Schools and the McCrone Teachers' settlement.

IV RELIEF OF RATES - CHARITY RELIEF

 

There was submitted Report No.558-2001 by the Director of Finance seeking authorisation to grant Charity Relief on the undernoted Non Domestic properties.

 

Applicant

Subjects

 

 

Dundee College

Leisure Centre

McTaggart Centre

Old Glamis Road

Dundee

 

 

Madresa Tajweed-UL-Quran and

Community Centre

Suite 1-6

44 West Henderson's Wynd

Dundee

 

 

Dundee Rep Community Co.

Arts Advocacy

Meadow Mill

Unit 16

West Henderson's Wynd

Dundee

 

 

One Parent Families, Scotland

Child & Family Centre

101 Whitfield Drive

Dundee

 

 

The Furniture Project (Tayside)

Unit 8, South Dudhope Mill

73-89 Douglas Street

Dundee

 

The Committee approved accordingly.

 

V ANNUAL TREASURY MANAGEMENT ACTIVITY 2000/01

 

There was submitted Report No. 549-2001 by the Director of Finance reviewing the Treasury Management activities for the period 1 April 2000 to 31 March 2001.

 

The Committee noted the information contained therein.

 

VI ANGUS DIGITAL MEDIA CENTRE LTD - ADMISSION TO LOCAL GOVERNMENT PENSION SCHEME

 

On a reference to Article I of the minute of meeting of this Committee of 10 June 1996 there was submitted Report No.568-2001 by the Director of Finance intimating that Angus Digital Media Centre Limited had requested admittance to the Local Government Pension Scheme administered by Dundee City Council.

 

The Committee approved accordingly.

 

The Convener agreed that the undernoted item be considered as a matter of urgency in terms of Standing Order No.51 (3)(b) in view of the timescales involved.

 

VII SCOTTISH SOCIAL SERVICES COUNCIL - ADMISSION TO LOCAL GOVERNMENT PENSION SCHEME

 

On a reference to Article I of the minute of meeting of this Committee of 10 June 1996 there was submitted Report No. 604-2001 by the Director of Finance intimating that the Scottish Social Services Council had requested admittance to the Local Government Pension Scheme administered by Dundee City Council.

 

The Committee approved accordingly.

 

 

 

 

George REGAN, Convener

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