Agenda and minutes

RESOLVED that the minutes of the meeting held on July 8 2014 be confirmed

and signed as a correct record.

There were none.

RESOLVED that the report be noted.

Financial Outurn

The Head of Financial Services introduced the report. The Chair commented that there had been a number of overspends, which the Public Accounts Committee would be looking into. The Head of Financial Services said that the most significant budget pressure had been on migrants who were not asylum seekers, and the council was exercising its duty of care.

The Head of Financial Services stated that other pressures on the budget included looked after children, and work was being done within service units to move clients from high cost premises to ones that were cost effective. The Chair said that he had noted that the number of people living in Bed and Breakfast accommodation had gone up again, and this would add to the budget pressure

RESOLVED that the decision of the Mayor be noted.

Surrey Canal Sports Foundation

The Programme Manager, Regeneration and Asset Management Directorate introduced the report. The Chair asked what type of organisation the Foundation was, and was told that it was a Charitable Trust. The Chair asked who was financing the project. The Programme Manager, Regeneration and Asset Management Directorate said that it was a complex set up, and explained the current Board Members and contributors to the project. The Chair said that Business Panel have a role to ensure that due diligence had been demonstrated throughout the process, and would need to establish who the developers and financiers were.

The Programme Manager, Regeneration and Asset Management Directorate, said that officers have all the documentation on how it was constituted, and its Terms of Reference. She added that this information could be made available to Panel Members. Councillor Curran stated that Panel Members were worried that the council was in the process of undertaking a very big project and the report they have seen so far looked vague. He added that it was important for Members to ensure that the next report to Mayor and Cabinet was explicit and detailed.