Issue - meetings

This report presents the capital monitoring position at Quarter 3 for the current financial year 2021/22.

The Committee received a report presenting the capital monitoring position at Quarter 3 for the current financial year 2021/22.

The following matters were considered:

a)            Investment of CIL finds. Following a question from a Member, the Chief Accountant informed the Committee that Community Infrastructure Levy funds held by the Council were invested in accordance with the Council’s Treasury Management Strategy.

b)            Joint Infrastructure Group. The Committee noted that the Joint Infrastructure Group had not met for an extended period of time and requested officers to look into this matter.

c)            Updates on CIL projects. Members requested that future reports to the Committee should provide more detailed updates on CIL project progress where possible. The Chief Accountant informed the Committee that this was due to a lag created by publication requirements, but that she would look at ways in which this could be reduced for future reports.

d)            Members’ communications. A Member asked whether Stage 2 of the Microsoft 365 project referenced on page 63 of the agenda would address an issue that had been identified with regard to access to the weekly Members communication. It was noted that a response to this query would be provided by officers following the meeting.

e)            Hogsmill streams. A Member asked whether works to the Hogs mill streams detailed on page 64 of the agenda also included the Bonesgate. It was noted that a response would be provided by officers following the meeting.

Following consideration, the Committee unanimously resolved to:

(1)      Receive the capital monitoring position at Quarter 3, as set out in the report;

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