Venue: Committee Room 2, CO3, Civic Offices, New Road, Grays, Essex, RM17 6SL
Contact: Lucy Tricker, Senior Democratic Services Officer Email: Direct.Democracy@thurrock.gov.uk
Note: This meeting will begin once business from the reconvened September Cabinet has concluded.
No. | Item |
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Items of Urgent Business To receive additional items that the Chair is of the opinion should be considered as a matter of urgency, in accordance with Section 100B (4) (b) of the Local Government Act 1972. Additional documents: Minutes: There were no items of urgent business. |
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Declaration of Interests Additional documents: Minutes: There were no interests declared. |
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Statements by the Leader Additional documents: Minutes: The Acting Leader did not make a statement. |
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Briefings on Policy, Budget and Other Issues Additional documents: Minutes: The Acting Leader stated that
recently made emergency decisions would now be brought to Cabinet
meetings to ensure openness. He explained that the first emergency
decision was related to COVID relief grants, as only a small number
of businesses had claimed this, but the Council had chosen to send
the remainder of the money to businesses as business rate relief.
He stated that the business had to be valued under a certain
amount, had to have been continuously running in 2021, and had to
be solvent, but if the business met all the criteria, then the
money would be sent straight to businesses without them having to
apply for the grant. The Acting Leader explained that the second
emergency decision related to the household support fund, which
would ensure that 8000 children received free school meals during
half-terms and school breaks up until March 2023. He added that
this was made as an emergency decision to ensure that children
could receive free school meals during the October half-term. |
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Petitions submitted by Members of the Public Additional documents: Minutes: No petitions had been submitted by members of the public. |
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Questions from Non-Executive Members Additional documents: Minutes: No questions had been received from non-Executive Members. |
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Matters Referred to the Cabinet for Consideration by an Overview and Scrutiny Committee Additional documents: Minutes: Other than those items already contained within the agenda, no items had been referred to the Cabinet for consideration by an Overview and Scrutiny Committee. |
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Update on Council Borrowing Additional documents: Minutes: Councillor Snell introduced the
report and stated that it summarised the impact of the intervention
so far. He explained that from 2010, Council’s had been able
to access inter-local authority loans, but this market had now
contracted and therefore other methods of funding were being sought
by the commissioners. He added that the method outlined in the
report would end in March 2023, as the £836million was
short-term funding and included the replacement of existing local
authority loans. He commented that £177.5million had already
been paid to local authorities in October 2022, and page 8 of the
report outlined the schedule of short-term loans, which would
ensure that local authority debts were repaid. The Acting Leader
felt that the report was open and transparent, and highlighted the
changes in interest rates. He added that the report had gone to the
Corporate Overview and Scrutiny Committee as an urgent item, to
ensure Members had time to discuss before it came to Cabinet. The
Acting Leader also thanked the Interim Director of Finance and his
team for their work on the report. |