Issue - meetings
MRP Policy Update
Meeting: 12/12/2023 - Full Council (Item 49)
49 Minimum Revenue Provision Policy Update (2023) 
PDF 182 KB
Report of the Head of Finance / Acting Chief Finance Officer – S151
Additional documents:
- Appendix 1 - Comparison on MRP Methods, item 49
PDF 415 KB
- Appendix 2 - Minimum Revenue Provision Statement 202324 (Revised November 2023), item 49
PDF 329 KB
Minutes:
The Council gave consideration to the report and appendices (as set out at pages 53 – 58 of the agenda reports pack) which presented a revied MRP policy for approval to allow for a change in methodology to be implemented.
It was moved by the Deputy Leader of the Council, seconded by Councillor G A Boulter and
RESOLVED THAT:
(i) The change in MRP methodology be approved; and
(ii) The revised MRP Policy to enable the change in methodology to be implemented be approved.
Votes For 16
Votes Against 5
Abstentions 0
Meeting: 05/12/2023 - Policy, Finance & Development Committee (Item 37)
37 Minimum Revenue Provision Policy Update (2023) PDF 183 KB
Report of the Head of Finance / Acting Chief Finance Officer – S151
Additional documents:
- Appendix 1 - Comparison on MRP Methods, item 37
PDF 415 KB
- Appendix 2 - Minimum Revenue Provision Statement 202324 (Revised November 2023), item 37
PDF 329 KB
Minutes:
The Committee gave consideration to the report and appendices (as set out at pages 43 - 48 of the agenda update), which provided an update on the review of the Council’s MRP Policy and proposed a change in the MRP methodology and presented a revised MRP Policy for approval to allow the change in methodology to be implemented.
It was moved by the Chair, seconded by the Vice-Chair, and
RESOLVED THAT:
i) The change in MRP methodology be recommended to and approved by Full Council; and
ii) The revised MRP Policy be recommended to and approved by Full Council to enable the change in methodology to be implemented.
Votes For 8
Votes Against 3
Abstentions 0