Decisions

The report set out details of a current consultation launched by the Chartered Institute of Public Finance and Accountancy (CIPFA) and proposed a draft response for formal approval. The report also provided an update on potential changes to financial rules that are currently being considered by the Government.

RESOLVED to

I.  Agrees the response to the CIPFA consultation as set out in Appendix One; and

II. Notes the position in respect of Minimum Revenue Provision and possible debt caps; and

III. Confirms that there will be no additional investment portfolio acquisitions until the changes to financial rules, MRP and caps have been clarified.

Uttlesford District Council has representation on the Board of Directors of Uttlesford Norse Services Limited. Due to the impending retirement of the Director of Public Services a replacement is required.

RESOLVED to endorse the appointment of Angela Knight, Assistant Director Resources as a director of Uttlesford Norse Services Limited.

To set the scheme for LCTS for the financial year 2022/23.

RESOLVED to recommend that Council approve the Local Council Tax Support Scheme for 2022/23 are set on the same basis as 2021/22:

I.  The contribution rate is frozen for the eight consecutive year at 12.5%.

II. The Council continues to protect Vulnerable and Disabled Residents and Carer’s on a low income.