Issue - meetings

To consider recommendations of the Cabinet in respect of:

a)         2018/19 Financial Outturn – To provide information on the outturn financial position of the Council as at 31 March 2019 (Cabinet minute 6/19) (Cabinet agenda item 7)

b)         Economic Action Plan, Inward Investment Marketing Strategy, Skills Service future funding options, creation of a new Economic Development Officer post – To present to members a package of proposed activity that has been designed to support interventions in respect of Economic Development and Inward Investment delivery in South Holland, including the adoption of a South Holland Economic Action Plan (Cabinet minute 7/19) (Cabinet agenda item 8)

Consideration was given to the report of the Cabinet which sought approval for the Cabinet’s recommendations:

2018/19 Financial Outturn – To provide information on the outturn financial position of the Council as at 31 March 2019 (Cabinet minute 6/19) (Cabinet agenda item 7)

The Portfolio Holder - Finance introduced the report concerning the 2018/19 Financial Outturn.

Economic Action Plan, Investment Marketing Strategy, Skills Service future funding options, creation of a new Economic Development Officer post – To present to members a package of proposed activity that has been designed to support interventions in respect of Economic Development and Inward Investment activity in South Holland, including the adoption of a South Holland Economic action Plan (Cabinet minute 7/19) (Cabinet agenda item 8).

The Portfolio Holder - Growth and Commercialisation introduced the report to present to Members a package of proposed activity that had been designed to support interventions in respect of Economic Development and Inward Investment delivery in South Holland, including the adoption of a South Holland Economic Action Plan.

DECISION:

a)            2018/19 Financial Outturn

1.    That the net General Fund underspend of £631,859 be transferred to the Council Tax Reserve.

2.    That the revised General Fund capital programme of £8.268m and the revised HRA capital programme for 2019/20 of £14.875m are approved.

b)           Economic Action Plan, Investment Marketing Strategy, Skills Service future funding options, creation of a new Economic Development Officer post

3.    That in order to support with the delivery of recommendations 1,2 and 3 (to Cabinet), and to provide additional resilience to the Economic Development and Inward Investment team, the creation of a new Economic Development Officer post be approved.