Issue - meetings

To consider the attached report.

The Executive Board:

(a)        NOTED the financial position as at 31 May 2016.

(b)        APPROVED the increase in the budgetary provision for the current financial year as set out in section 4.2.4 of the report.

Consideration was given to a report which provided the Executive Board with the financial monitoring position for the period ending 31 May 2016.

Councillor Francis Burkitt referred to paragraph 4.2.4 of the report and asked, in the context of the Smart Cambridge project team consisting of 0.7 fulltime equivalents, who and how many officers were supporting the transport aspect of the City Deal programme.  It was noted that a written response to this query would be provided to Councillor Burkitt.

The Executive Board:

(a)        NOTED the financial position as at 31 May 2016.

(b)        APPROVED the increase in the budgetary provision for the current financial year as set out in section 4.2.4 of the report.

To consider the attached report.

The Joint Assembly:

(a)        NOTED the financial position as at 31 May 2016.

(b)        RECOMMENDED that the Executive Board approves an increase to the budgetary provision for the current financial year as set out in section 4.2.4 of the report.

Consideration was given to a report which provided the Joint Assembly with the financial monitoring position for the period ending 31 May 2016.

Chris Malyon, Chief Finance Officer at Cambridgeshire County Council, presented the report and explained that the original commitment was to provide reports on a quarterly basis.  Unfortunately, due to the timing and cycle of meetings for the Joint Assembly and Executive Board, the information being reported upon was out of date by the time it was considered at the respective meetings.  Mr Malyon therefore suggested providing all Members of the Joint Assembly and Executive Board with a copy of future monitoring reports via email as soon as they were available, as well as publishing them on the City Deal Website, on a monthly basis with them being formally considered at the appropriate meeting cycle.  The Joint Assembly unanimously supported this approach.

It was noted that a detailed report on the City Deal’s Financial Strategy would be reported to the Joint Assembly and Executive Board in October.

The Joint Assembly:

(a)        NOTED the financial position as at 31 May 2016.

(b)        RECOMMENDED that the Executive Board approves an increase to the budgetary provision for the current financial year as set out in section 4.2.4 of the report.