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Cabinet - Monday, 13th May, 2024 10.00 am
May 13, 2024 View on council website Watch video of meeting Read transcript (Professional subscription required)Summary
The meeting covered several key topics, including a public question about potential conflicts of interest involving the Dyfed Pension Fund's investment in Bute Energy, the council's revenue budget monitoring report, an update on the capital program, and a proposal to lease the former Newcastle Emlyn courthouse to the town council.
The most significant topic discussed was the public question raised by Mr. Harvard Hughes concerning a potential conflict of interest between the Dyfed Pension Fund's investment in Bute Energy and the council's role in determining aspects of Bute Energy's pylon project. The Leader of the Council clarified that the Dyfed Pension Fund is an autonomous body responsible for managing pension funds for various organizations across Pembrokeshire, Ceredigion, and Carmarthenshire. The Leader emphasized that Carmarthenshire County Council does not have control over the pension fund's investments and that any decisions related to the Green Gem Committee proposal would be made independently by the planning committee. The Leader also reiterated the council's position that the cables should be undergrounded to protect local landscapes, in line with Welsh Government guidelines.
The council's revenue budget monitoring report was presented by Councillor Allan Lenny. The report indicated a possible overspend of £4.4 million for the year, primarily driven by increased demand and complexity of cases in learning disabilities, mental health, and children's services. The report also highlighted overspends in education and children's departments and the community's department. Councillor Lenny assured members of ongoing prudent financial management and moved the report, which was approved by the council.
An update on the capital program was also provided by Councillor Allan Lenny. The report detailed a gross budget of £244 million and a net budget of £141 million, with a forecasted net spend of just over £80 million. Key projects highlighted included the redevelopment of the former YMCA building in Llanelli, the conversion of former council offices in Carmarthen, and the completion of the new school at Pembrey. The report was approved by the council.
Finally, the council discussed a proposal to lease the former Newcastle Emlyn courthouse to Newcastle Emlyn Town Council. The building, which is no longer in use by the county council, is intended to be repurposed as a community hub. The council approved a 21-year lease to the town council for a peppercorn rent, with the tenant responsible for maintenance, insurance, and running costs. Councillor Hazel declared an interest in this item and left the meeting during its consideration.
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