Agenda and minutes

To adopt and sign as a correct record the minutes of the meetings held on 19 February and 21 May 2015 (attached).

The chairman advised that Council had approved the minutes of the February meeting at the annual meeting of Council in May.

RESOLVED: to approve the minutes of the meeting held on 21 May 2015 as a correct record and agree that the Chairman sign them as such.

The chairman welcomed councillors to the meeting and gave housekeeping announcements.

Council agreed as a trial to suspend council procedure rule 80 insofar as it requires councilors to stand when speaking at Council meetings.

None.

(Cabinet member responsible: Mrs J Murphy)

Cabinet, at its meeting on 13 October 2015, will consider a report on the outturn performance of the treasury management function for the financial year 2014/15.

The report of the head of finance, which Cabinet will consider on 13 October, is attached.

The recommendations of Cabinet will be circulated to councillors on 13 October 2015.

Council considered the Cabinet’s recommendation, made at its meeting on 13 October 2015, on the performance of the treasury management function for the financial year 2014/15 and the actual 2014/15 prudential indicators.

In introducing the item Mrs Murphy, Cabinet member for finance, advised of a correction to the surplus figure in the table in paragraph 7 of the report which should read £402,767 and not £421,605. A corrected table is set out below:

She reported that investments had provided a two per cent return equating to £2.5 million investment income which supported the council’s medium term financial plan and contributed to the council’s balances and in year expenditure programmes. 

Cabinet and the Joint Audit and Governance Committee were satisfied that the treasury activities were carried out in accordance with the treasury management strategy and policy. 

RESOLVED: to

1.    approve the treasury management outturn report for 2014/15;

2.    approve the actual 2014/15 prudential indicators within the report of the head of finance to Cabinet on 13 October 2015. 

At the annual meeting in May 2015 Council appointed Mrs Anna Badcock as the council's representative on the Oxfordshire Joint Health Overview and Scrutiny Committee. Following the meeting democratic services established that the constitution of the joint committee provides that councillors are not eligible to serve on the committee if they become a member of an executive of one of the appointing councils. Mrs Badcock, as a Cabinet member, is therefore not eligible to be a member of the committee. Although Council did not appoint a substitute at its annual meeting in May officers recommend that a substitute is appointed.

Council is invited to appoint an alternative councillor as the council’s representative and a substitute.

RECOMMENDATION:

That Council appoints a representative and a substitute on the Oxfordshire Joint Health Overview and Scrutiny Committee.

RESOLVED:

To appoint Nigel Champken-Woods as the council’s representative on the Oxfordshire Joint Health Overview and Scrutiny Committee and Lorraine Hillier as substitute for the remainder of the 2015/16 municipal year.