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To All Members of the County Council

Notice of a Meeting of the Council

Tuesday 10 February 2004 at 10.00 am

County Hall, Oxford

 


Chris Impey
Assistant Chief Executive

30 January 2004

Contact officer: Ann Lowe (Tel: 01865 815384; E-mail)

PLEASE NOTE START TIME OF MEETING

Members are asked to sign the attendance book which will be available in the corridor outside the Council Chamber. A list of members present at the meeting will be compiled from this book.

AGENDA

  1. Minutes

    2. To approve the Minutes of the meeting held on 13 January 2004 (CC1) and to receive for information any matters arising therefrom.

  2. Apologies for Absence

  3. Declarations of Interest

  4. Official Communications

  5. Appointments

  6. Petitions and Public Address

  7. Oxfordshire Plan

    8. Report of the Executive (CC7).

    The Executive RECOMMENDS the Council to confirm the priorities as set out in Annex 1, in no particular order of importance, as the basis for the Oxfordshire Plan 2004/05 pending presentation of the full Best Value Performance Plan to a subsequent Council meeting.

  8. Revenue Budget and Capital Programme

    9. Report of the Executive (CC8).

    (CC8 Supplement)

    The Executive RECOMMENDS the Council:

          1. (in respect of Revenue) to approve:

            1. a Medium Term Financial Plan as set out at Annex 2;

            2. a budget for 2004/05 as shown in the first year of that Annex and incorporating the expenditure proposals shown in Annex 3;

            3. a budget requirement for 2004/05 of £547.960m;

            4. the Council Tax and Precept calculations set out in Annex 4 and in particular:

              1. a precept for 2004/05 of £212.592m;

              2. a Council Tax for Band D equivalent properties of £924.80;

            5. retention for 2004/05 of the existing virement arrangements as set out in Annex 5;

          2. (in respect of Capital) to approve a Capital Programme for 2004/05 based on Annex 8 and the "After 2003/04 Starts" in the booklet accompanying Executive Report EX7A of 27 January 2004, including:

            1. allowing Learning & Culture to bring forward education capital projects totalling £17.1m phased at £9.4m in 2004/05 and £7.7m in 2005/06, subject to those projects being approved by the Executive and subject to the inclusion in that allocation of the proposal for Early Years totalling £0.5m in 2004/05 rising to £0.750m in 2005/06 and £1.0m in 2006/07;

            2. allowing Environment & Economy to bring forward transport capital projects in line with the approvals received in the Transport Capital Settlement, subject to those projects being approved by the Executive and to the Director for Environment & Economy explaining his intended allocation of the reward funding £2.4m and the performance bonus £0.336m;

            3. transferring the estimated surplus from the Homes for Older People contract of £0.7m at the end of 2004/05 to a reserve to meet future revenue budget costs;

            4. the prudential indicators set out in Annex 9 in respect of:

              1. Estimates of Capital Expenditure;

              2. Estimates of the Ratio of Financing Costs to the Net Revenue Stream;

              3. Estimates of the Capital Financing Requirement;

              4. the Authorised Limit for External Debt;

              5. Operational Limit for External Debt;

              6. Estimates of the Incremental Impact of Capital Investment Decisions;

          3. to authorise the Head of Finance to effect movement between the separately agreed prudential limits for borrowing and other long term liabilities within the total authorised and operational limits for any individual year, in accordance with option appraisal and best value for money for the authority and subject to report from time to time on any such action taken.

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