Agenda item

FIVE YEAR FINANCIAL PLAN (FUTURE PROJECTS FUNDING)

(a)      To consider the recommendations made by the Cultural and Economic Committee on 7 December 2020 in respect of funding allocation for Older Persons projects (information attached).

 

(b)        To receive a report and the latest draft iteration of the five year financial plan, which sets out funding allocation for future projects in accordance with the Council’s objectives.

 

Minutes:

(a)   The Committee received and considered the recommendations made by the Cultural and Economic Committee on 7 December 2020 in respect of funding allocation for Older Persons projects. It was noted that the required funding of £80,000 had been included in the reprofiled Five Year Financial Plan, for 2021-22 and 2022-23.

 

(b)   The Committee received and considered a report which outlined the most recent position in respect of the 5 Year Financial Plan and the proposed projects which would be included in it. This was an iterative document which would continue to be amended as projects came forward through the standing committees in more detail.

 

 

Members agreed to defer until 2022/2023 the installation of water fountains as it was not felt appropriate to have shared drinking facility in the present situation.

 

A question was raised for clarification on the capacity of the cemetery and whether additional space was being sought.  It was agreed an update report should be brought to the next appropriate Grounds and Economic Services meeting regarding this and also the commitment of Central Bedfordshire Council in this search following the agreement made regarding COVID burials in our cemeteries.

 

 

RESOLVED:

 

(i)  To note the most recent iteration (Appendix 2) of the 5 Year Financial Plan and to recommend its endorsement by Council.   

 

(ii) To recommend to Council that the £50,000 as requested by the Cultural and Economic Services Committee at its meeting held 7th December 2020 be met from the 5 Year Financial Plan for the financial period 2021-22 for the purposes of:

 

·         Digital Inclusion

·         Directory/information hub

·         Older Persons Visual Identity – branding of work

·         Direct support of local activity groups

 

 (iii)  To recommend to Council that £50,000 as identified within the 5 Year Financial Plan over the financial periods 2021-22 and 2022-23 be endorsed for the purposes of providing dedicated provision for young person’s activities within the parish.

 

(iv)  To recommend to Council that the anticipated budget of £50,000 as agreed by Council at its meeting held 24th June 2019 for the purposes of installing drinking water fountains within town council parks be reduced to £25,000 based on more detailed scoping work undertaken by officers since the resolution made by Council.

 

 

 

Supporting documents: