Business and Finance Scrutiny Committee - Wednesday 27 November 2024 6.00 pm

November 27, 2024 View on council website
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Summary

The Business and Finance Scrutiny Committee will be asked to make decisions about its own operating procedures and schedule, as well as receiving an update on the council's finances. It will also be asked to note a report on the Housing Investment Programme.

Telford Land Deal

The committee will be asked to note a report on the Telford Land Deal.

2024/25 Financial Monitoring

The committee will be asked to note a report on the council's financial position. The report, which was prepared for the meeting by Pauline Harris, Finance Manager at Telford and Wrekin Council, explains that:

While inflation is expected to reduce in the medium term, current indicators show that the economy will be slower to recover than was expected when the Council’s budget was set.

Housing Investment Programme - Annual Update (Nuplace)

The committee will be asked to note the Housing Investment Programme annual update on Nuplace, the council's flagship housing scheme.

The agenda for the meeting suggests that the committee will be asked to undertake a site visit to a Nuplace site at a future date. The minutes of the Business and Finance Scrutiny Committee meeting that was held on 5 March 2024 show that this site visit had been suggested at a previous meeting by J Dunn, Director of Prosperity and Investment at Telford and Wrekin Council.

Business and Finance Scrutiny Committee Work Programme 2024/25

The committee will be asked to approve its proposed work programme for 2024/25.

Business and Finance Scrutiny Committee Terms of Reference 2024/25

The committee will be asked to review and agree its terms of reference, a document which sets out the committee's purpose and responsibilities. The Council's constitution states that:

The Chair is appointed at the Annual General Meeting of full Council. A Vice-Chair may be appointed by majority decision of the Committee.