Policy And Resources Committee - 12/03/2007

At a MEETING of the FINANCE COMMITTEE held at Dundee on 12th March, 2007.

 

Present:-

 

Lord Provost John R LETFORD

 

 

 

BAILIES

 

C D P FARQUHAR

Neil I C POWRIE

Bruce D MACKIE

Helen WRIGHT

 

Ian BORTHWICK

 

COUNCILLORS

 

Jill SHIMI

Helen DICK

Christina ROBERTS

Kevin KEENAN

Bob DUNCAN

Jim BARRIE

George REGAN

Richard BEATTIE

Will DAWSON

Fiona M GRANT

Andrew DAWSON

Elizabeth F FORDYCE

Christopher HIND

Willie W SAWERS

Roderick A J WALLACE

Joe MORROW

Joe FITZPATRICK

Charles A WEBSTER

Fraser MACPHERSON

 

Derek J SCOTT

 

Councillor Fraser MACPHERSON, Convener, in the Chair.

 

The minute of meeting of this Committee of 20th February, 2007 was held as read.

 

Unless marked thus * all items stand delegated.

 

I MINUTE OF MEETING OF THE SUPERANNUATION INVESTMENT SUB-COMMITTEE

 

The minute of meeting of the Superannuation Investment Sub-Committee of 21st February, 2007, a copy of which is appended hereto was submitted for information and record purposes.

 

II CAPITAL MONITORING

 

There was submitted Report No 152-2007 by the Head of Finance appraising members of the latest position regarding the Council's Capital Expenditure Programme for 2006/2007.

 

The Committee noted the contents of the report.

 

III REVENUE MONITORING

 

There was submitted Report No 167-2007 by the Head of Finance providing the Committee with an analysis of the 2006/2007 Projected Revenue Outturn as at 31st January, 2007 monitored against the adjusted 2006/2007 Revenue Budget.

 

The Committee:-

 

(i)                     noted that the overall General Fund 2006/2007 Projected Revenue Outturn as at 31st January, 2007 showed an underspend of 38,000 against the adjusted 2006/2007 Revenue Budget;

 

(ii)                    noted that the Housing Revenue Account was projecting an underspend of 388,000 against the adjusted HRA 2006/2007 Revenue Budget;

(iii)                    instructed the Head of Finance to take every reasonable action to ensure that the 2006/2007 revenue expenditure was below or in line with the adjusted Revenue Budget;

 

(iv)                    instructed the Head of Finance in conjunction with all Chief Officers of the Council to continue to monitor the Council's 2006/2007 Projected Revenue Outturn.

 

IV CHARITY RELIEF - RELIEF OF RATES

 

There was submitted Report No 169-2007 by the Depute Chief Executive (Finance) seeking authorisation to grant charity relief on the undernoted non-domestic properties.

 

APPLICANT

SUBJECTS

 

Mid-Lin Care Ltd

Longtown Terrace

Dundee

Day Centre

59 Pitkerro Road/

60 Glenconnor Drive

DUNDEE

 

Sense Scotland

43 Middlesex Street

Kinning Park

GLASGOW

Office

1st Floor

4 St Francis Street

DUNDEE

 

British Divers Marine Life Rescue

per Mr Alan Knight

Lime House

Regency Close

UCKFIELD

East Sussex

 

Store

1 Castle Approach

Broughty Ferry

DUNDEE

 

The Clean Close Company Ltd

148 Albert Street

DUNDEE

 

Warehouse

Unit 5

Alexander Street Industrial Estate

Alexander Street

DUNDEE

 

Dundee International Women's Centre

per Pervin Ahmad

Manhattan Works

Unit 9c

Dundonald Street

DUNDEE

 

Office

Manhattan Works

Unit 9c

Dundonald Street

DUNDEE

 

Volunteer Centre (Dundee)

70 Dunholm Road

DUNDEE

 

Office

70 Dunholm Road

DUNDEE

 

 

The Committee approved accordingly.

V TREASURY MANAGEMENT

 

There was submitted Report No 168-2007 by the Head of Finance relative to the above.

 

The Committee:-

 

(i)                     noted that in terms of the Treasury Policy Statement, the Depute Chief Executive (Finance) was obliged to present the annual Treasury Management Strategy at the start of each financial year.

 

(ii)                    approved the strategy proposed by the Head of Finance for 2007/2008 as set out in the document "Treasury Management Strategy 2007/2008".

 

VI APPLICATION FOR SUBMISSION TO THE LOCAL GOVERNMENT PENSION SCHEME - ROBERTSONFACILITIES MANAGEMENT LTD

 

There was submitted Agenda Note AN89-2007 intimating that an application had been made by Robertson Facilities Management Limited ("The Company") and Angus Council to have the cleaning and janitorial staff transferred from Angus Council to the Company, under that Council's Forfar and Carnoustie Schools PPP Project, admitted as members of the Pension Scheme.

 

It was noted that both the applicants had indicated that they would enter into an appropriate form of admission agreement and that in these circumstances, the Council, as administering authority for the Scheme, must admit to the Scheme the eligible employees of the Company and also agree that the Council enter into an appropriate admission agreement with Angus Council and the Company for these purposes.

 

The Committee approved accordingly.

 

VII FINANCIAL MANAGEMENT AND PECOS INTEGRATION SYSTEM

 

There was submitted Report No 174-2007 by the Head of Finance relative to the above.

 

The Committee:-

 

(i)                     approved the upgrade of the Powersolve Financial System to Authority Financials supplied by Civica;

 

(ii)                    authorised additional expenditure to integrate Authority Financials with the new Corporate Procurement System Pecos.

 

The Committee resolved under Section 50(A)(4) of the Local Government (Scotland) Act 1973 that the press and public be excluded from the meeting for the undernoted item of business on the grounds that it involved the likely disclosure of exempt information as defined in paragraphs 6 and 9 of Part I of Schedule 7A of the Act.

 

VIII RELIEF OF NON-DOMESTIC RATES ON GROUNDS OF HARDSHIP - (HARDSHIP RELIEF)

 

There was submitted Report No 177-2007 by the Depute Chief Executive (Finance) relative to the above.

 

The Committee approved the recommendation detailed therein.

 

 

 

 

Fraser MACPHERSON, Convener.

 

APPENDIX