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Corporate, Resource Management & Governance Scrutiny Committee - Tuesday, 4th March, 2025 6.00 pm
March 4, 2025 Corporate, Resource Management & Governance Scrutiny Committee View on council website Watch video of meetingSummary
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The Corporate, Resource Management & Governance Scrutiny Committee of Stockport Council met on Tuesday 4 March 2025 to review the council's financial performance, digital strategy, and operational plans. Key discussions were scheduled to cover the Q3 budget monitoring, the Radically Digital Stockport
programme, and the business plan for Stockport Active CIC (Life Leisure).
Treasury Management Quarter 3 Report 2024/25
The committee was scheduled to consider the Treasury Management Quarter 3 Report 2024/25[^1]. This report, prepared by the Director of Finance (Section 151 Officer), was intended to update members on treasury management activities in line with the Chartered Institute of Public Finance and Accountancy (CIPFA) Code of Practice for Treasury Management. The report detailed economic updates, interest rate forecasts, and the council's treasury management activities and borrowing strategy for the period ending 31 December 2024. It also confirmed that the council had operated within its treasury and prudential indicators.
2024/25 Q3 Budget Monitoring Update
A report on the 2024/25 Q3 Budget Monitoring Update was scheduled for discussion. This report, from the Director of Finance and the Cabinet Member for Finance and Resources, provided an overview of the revenue budget forecast outturn as of the end of December 2024. It also included updates on the Dedicated Schools Grant (DSG), Housing Revenue Account (HRA), Collection Fund, Reserves, and the Capital Programme. The report indicated a projected overall deficit of £4.033m, with significant pressures noted in Children's Social Care. The report also detailed the status of the council's capital programme, which had a planned expenditure of £128.578m for 2024/25.
Radically Digital Stockport: Update
The committee was set to receive an update on the Radically Digital Stockport
programme. This report, from the Cabinet Member for Finance and Resources, provided an overview of the programme's progress, its importance as an enabler for Stockport's ambitions, and outlined plans for the next five years. The report detailed progress across three key pillars: Digital Communities, Digital Place, and Digital Council, and discussed the refreshing of the digital strategy, with
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