Issue - meetings

Financial Monitoring Report : Environment and Regeneration 2007/08

Meeting: 29/05/2008 - Environment and Regeneration Policy Overview and Sctuiny Committee (Item 80)

80 Financial Monitoring update 2007/08 pdf icon PDF 191 KB

Additional documents:

Minutes:

(Item 3 – report by Mr A Wilkinson, Managing Director)

(Mr B Gould, Strategic Financial Advisor was present to answer questions)

 

(1)       The Committee considered a report which sets out the background and process for publishing the KCC Annual Plan 2008/09 and were asked to make comments prior to its approval at County Council on 19 June 2008.

 

(2)              Following a brief introduction from Mr Gould Members were given the opportunity to ask questions and make comments which included the following:-

 

(3)     In response to a request for an explanation on the paragraph 1.1.3.12 headed “Kent Regeneration Fund”, Mr Gough explained that there had been a time difference.  The Regeneration Fund fed into the residential disposals.  This was an issue of cost rather than disposal income timing difference KCC was supposed to commit to in 2007/08.  There were two further developments in Kings Hill.  The market conditions meant a change in how this fund was allocated.  This would now be allocated from the Corporate Centre.  Members were advised that this would not affect the road improvements at Kings Hill.

 

(4)    Mr Ferrin agreed to feed back information on claims received and claims paid out due to the deterioration of Kent roads. 

 

(5)       RESOLVED that the responses to Members questions and the report be noted.