Issue - meetings

That the report be noted.

The Chief Officer (Organisational Change) presented a report on capital receipts generated from the disposal of assets in 2016/17 in comparison with the previous two years.  He set out the approach taken to dealing with capital receipts which contributed to the Capital Programme and explained that the amount of funding generated was largely influenced by the economic situation at the time.

In response to queries from Councillor Banks, clarification was given on the process for disposals such as agricultural estates as opposed to Housing Revenue Account (HRA) properties which were ringfenced.  He was advised that further details of the generalised information appended to the report could be provided on request outside the meeting.

Councillor Dolphin referred to the former Agricultural Panel and was informed that disposals were now dealt with by the Assets Programme Board which met monthly and that local Member consultation was part of the process on all disposals.

Sally Ellis asked if the criteria was subject to regular review to maximise opportunities for capital receipts.  The Chief Officer (Organisational Change) said that the process was robust but had not been reviewed for some time.  The Chief Executive gave examples of different types of assets which had been disposed as part of specific service/area reviews but felt that the process for general property assets could benefit from a review.

RESOLVED:

That the report be noted.