Agenda and minutes

Business and Finance Scrutiny Committee - Thursday 26 January 2023 6.00 pm

Venue: The Telford Room, Addenbrooke House, Ironmasters Way, Telford, TF3 4NT

Contact: Kieran Robinson  01952 382061

Items
No. Item

BFSC5

Declarations of Interest

Minutes:

None.

BFSC6

Minutes of the Previous Meeting pdf icon PDF 215 KB

Minutes:

As a result of advice being given regarding quoracy of the meeting, the minutes of the meeting held on 9 January 2023 were to be confirmed at the next meeting of the Committee. Those present agreed that they were an accurate record of the meeting held on 9 January 2023.

BFSC7

Medium Term Financial Strategy 2023/24 - 2026/27

To consider elements of the draft budget proposals determined by the Committee at its meeting on 9 January 2023.

Minutes:

The Chief Financial Officer opened the discussion, providing a brief overview of the key points from the previous meeting.

 

Following advice being given regarding quoracy of the meeting, a general discussion took place regarding some aspects of the budget with those present seeking additional information regarding the viability of NuPlace, the progress on job evaluation and the budgetary impacts arising out of that exercise. 

 

The Chief Financial Officer and Director: Policy & Governance provided additional information on these aspects of the budget.

 

Following the discussion, Members agreed in principle to support the Medium Term Financial Strategy 2023/24 – 2026/27. However, a final decision had to be made by a majority of the Committee – It was proposed that in view of timescales, email consultation would be considered.

BFSC8

Chair's Update

Minutes:

The next meeting of the Committee was scheduled for 9 March 2023.