To receive the minutes from the meeting of the Executive Committee held on 16th January 2018 and to consider the recommendations for the following items:
Flexible Homelessness Support Grant (Including Homelessness Reduction Act new Burdens Funding)
Members noted that the Homelessness Reduction Act would result in significant changes to the ways that local authorities supported people who were homeless or at risk of becoming homeless. The new legislation placed a greater emphasis on preventing homelessness from occurring and Councils would need to respond accordingly.
Fees and Charges 2018/19
The Leader advised that many of the fees and charges had increased by 3.9 per cent, though some had increased by more than this, others by less and no increases had been proposed for charges for some services. Where increases over 3.9 per cent had been proposed this was to ensure that full cost recovery could occur.
Acquisition and Investment Strategy
Council was informed by the Leader that this would enable the Council to invest in land and assets both within the Borough and in locations contiguous to the borders of Redditch. However, no projects were currently being investigated.
Finance Monitoring Quarter 2 2017/18
Clarification was requested regarding the term “virement”. Members were advised that this referred to the process by which funds might be moved from one budget to another.
the minutes of the meeting of the Executive Committee held on 16th January 2018 be received and all recommendations adopted.