Issue - meetings

This report presents the capital monitoring position at Quarter 1 for the current financial year 2024/25.

The Committee received a report presenting the capital monitoring position at Quarter 1 for the current financial year 2024/25.

The following matters were considered:

a)            CIL spending. A Member of the Committee asked when the CIL bids were being determined. The Chair responded to explain that the CIL applications have been submitted and the Member Working Group has met and decided which bids were successful and will be reported to the Licensing and Planning Policy Committee in October to be agreed. The Chair noted that applicants will be notified if they are successful or not with their bids. The Chief Accountant informed the Committee that the new CIL spending protocol had been agreed by the LPP Committee in January, this review and new protocol delayed the spending on CIL.

b)            CIL Member Working Group. A Member of the Committee raised that the CIL MWG was meant to have two meetings, but only met once, and some of the decisions were passed to the Financial Strategy Advisory Group to be made. The Member commented that they would be meeting with the Chair of the CIL MWG and the Council’s CIL officer to determine as to why.

Following consideration, the Committee unanimously resolved to:

(1)      Receive the capital monitoring position at Quarter 1, as set out in the report;

(2)      Note the progress of capital projects as set out in Appendix 1.