Members to give notice of any interest and the nature of that interest relating to any item on the agenda in accordance with the adopted Code of Conduct.

No declarations were made by Executive Members.

To consider a report of the Deputy Leader and Executive Member for Finance and Director of Finance.

1. That the proposals in the draft revenue budget for 2014/15 be agreed for the purposes of consultation and referred to the Scrutiny Committee for their consideration.

2. That it be noted that the draft proposals are subject to various consultation exercises and impact assessments, movements in core funding, specific grants, costing and robustness assessments.

The Executive Member for Finance and Director of Finance submitted a report which set out for approval the Executive’s draft revenue budget proposals for 2014/15, to provide for consultation processes and review by the Scrutiny Committee prior to referral to Council in February 2013.

            RESOLVED:

(1)        That the proposals in the draft revenue budget for 2014/15 be agreed for the purposes of consultation and referred to the Scrutiny Committee for their consideration.

(2)        That it be noted that the draft proposals are subject to various consultation exercises and impact assessments, movements in core funding, specific grants, costing and robustness assessments.

To consider a report of the Executive Member for Highways and Environment and Corporate Director, Environment, Transport and Operations.

1. That it be recommended that the Council agrees:

a. that additional borrowing be approved, subject to a full procurement exercise in the sum stated in the report;

b. the changes to the prudential indicators as detailed in the report.

2. That, subject to the Council approving the recommendations above, approval be given to the procurement of a contract to replace the existing SOX/SON luminaires with LED luminaires and other matters as detailed in the report. Following the procurement exercise a further report will be submitted to the Executive detailing the outcome of the procurement exercise and to seek approval for the award of the contract.

The Executive Member for Highways and Environment and Corporate Director of Environment, Transport and Operations submitted a report which set out a range of detailed proposals relating to the procurement of future street lighting provision. The Executive Member tabled an additional information report detailing the response to a range of representations received on the proposals following the publication of the Executive agenda. Advice was provided by the Council’s Monitoring Officer on issues relating to the publication of background papers relating to the report.

            RESOLVED:

(1)        That it be recommended that the Council agrees:

a. that additional borrowing be approved, subject to a full procurement exercise in the sum stated in the report;

b. the changes to the prudential indicators as detailed in the report.

(2)        That, subject to the Council approving the recommendations above, approval be given to the procurement of a contract to replace the existing SOX/SON luminaires with LED luminaires and other matters as detailed in the report. Following the procurement exercise a further report will be submitted to the Executive detailing the outcome of the procurement exercise and to seek approval for the award of the contract.

To consider a report of the Executive Member for Finance and Director of Finance.

1. That the amendments to the 2013/14 Capital Investment Programme be approved.

2. That the content of the monitoring report be noted.

The Executive Member for Finance and Director of Finance submitted a report which summarised the findings from the capital programme budget monitoring for the period to 30^th September 2013.

            RESOLVED:

(1)        That the amendments to the 2013/14 Capital Investment Programme be approved.

(2)        That the content of the monitoring report be noted.

To consider a report of the Executive Member for Finance and Director of Finance.

1. That the latest forecast and planned actions be noted and agreed.

2. That the changes to the commitments to the General Reserve for support to the Greater Manchester Work Programme Leavers project at £121k, and additional professional fees for Town Centre development of £60k, be approved.

The Executive Member for Finance and Director of Finance submitted a report which summarised the findings from the revenue budget monitoring until the end of period 6 (30^th September 2013) and sought approval for changes to commitments to the General Reserve as set out in the report.

            RESOLVED:

(1)        That the latest forecast and planned actions be noted and agreed.

(2)        That the changes to the commitments to the General Reserve for support to the Greater Manchester Work Programme Leavers project at £121k, and additional professional fees for Town Centre development of £60k, be approved.