The functions within the remit of the Policy, Finance
and Resources Committee include all financial matters relating to
the budget, (and for the avoidance of doubt, being the superior
Committee on all such matters including capital, revenue and the
Housing Revenue Account (HRA) except
where the law otherwise requires), and, without prejudice to the
generality of this, include the specific functions which are set
out below.
Policy
To undertake and discharge any functions in relation
to strategic policies including periodic reviews of the policy
framework adopted by full Council from time to time except where
required by law to be undertaken elsewhere
Finance
a)
Financial Services
b)
Contracts, commissioning,
procurement
c)
Legal services
d)
Health and safety at work (in so far as
it relates to the Council as an employer)
e)
Corporate communications and media
protocols
f)
Corporate and Democratic
services
g)
Member Development
h)
Data quality
i)
Human resources
j)
Information Communication
Technology
k)
Revenues and Benefits
l)
Customer Services
m)
Assets (strategically)
Overall responsibility for monitoring Council
performance.
To formulate and develop relevant corporate policy
documents and strategies including the Corporate Plan.
To formulate the budget
proposals in accordance with the Budget and Policy Framework,
including capital and revenue spending, and the Housing Revenue
Account Business Plan (including rent setting for Council homes),
in accordance with the Council’s priorities and make
recommendations to Council for
approval.
To formulate the Council’s Borrowing and
Investment Strategy and make recommendations to Council for
approval.
To take decisions on spending within the annual
budget to ensure delivery of the Council’s
priorities.
To approve the making of a virement or payment from the Council’s
reserves with a maximum value of £200,000.
To approve the write-off of any outstanding debt owed
to the council above the delegated limit of
£5,000.
To determine capital grant applications.
To make recommendations on the allocation and use of
resources to achieve the Council’s priorities.
To manage and monitor the Council approved
budgets.
To provide the lead on partnership working including
the joint delivery of services.
To consider any staffing matters that are not
delegated to Officers, such as proposals that are not contained
within existing budgetary provision.
To strategically manage any lands or property of the
Council and provide strategic property advice relating to the
Council’s Housing Stock and without prejudice to the
generality of this, to specifically undertake the
following:-
The Council’s Asset Management Plan
a)
The acquisition and disposal of land and
property and taking of leases, licenses, dedications and
easements.
b)
The granting variation renewal review
management and termination of leases licenses dedications and
easements.
c)
Promoting the use of Council owned assets
by the local community and other interested parties.
d)
To manage any lands or property of the
Council.
e)
To include properties within the
Council's Asset Management Portfolio including Halls
etc.
f)
To take a strategic approach to asset
management, ensuring that the use of all of the Council’ s
Property assets achieves Value for Money and supports the
achievement of the Council’s corporate priorities.
g)
To review the Corporate Asset Management
Plan annually.
h)
The acquisition of land in advance of
requirements for the benefit, improvement or development of the
Borough.
i)
Disposal of land (including by lease)
surplus to the requirements of any Panel or Committee.
j)
Appropriation of land surplus to the
requirements of a committee.
k)
Promote the use of Council owned assets
by the local community and other interested parties where
appropriate.
l)
Property and asset management, including
acquisitions and disposals not included in the approved Asset
Management Plan.
m)
To take a strategic approach to
commercial activity, both existing and new, ensuring the Council
realises revenue generation
opportunities and supports the achievement of the Council’s
corporate priorities.
n)
Promoting a culture of entrepreneurialism
and building the required skills and capacity.
o)
To consider, and approve, business cases
and commercial business plans for commercial activity.