The Policy & Resources Committee of West Lancashire Council met on 25 June 2024 to discuss several key issues, including the performance delivery for Q4 2023/24, the North Meols Leisure Centre funding, and the annual report on treasury management and prudential indicators. Decisions were made on funding allocations and performance targets.

Council Performance Delivery Q4 2023/24

The committee reviewed the Council Performance Delivery Q4 2023/24 report, which included Appendix A and B. The report highlighted the council's achievements and areas needing improvement. Key performance indicators (KPIs) were discussed, with particular attention to waste management and housing services. Councillors debated the effectiveness of current strategies and agreed to implement additional measures to improve underperforming areas.

North Meols Leisure Centre Funding

The committee discussed the North Meols Leisure Centre Section 106 Funding Report, which included Appendix 1. The report detailed the allocation of Section 106 funds for the development of the leisure centre. Councillors debated the benefits of the project, with some expressing concerns about the long-term financial sustainability. Ultimately, the committee approved the funding, citing the project's potential to enhance community wellbeing and local infrastructure.

Treasury Management and Prudential Indicators Annual Report 2023/24

The Treasury Management and Prudential Indicators Annual Report 2023/24 was presented, outlining the council's financial performance and compliance with statutory requirements. The report showed that the council had managed its investments and borrowings effectively, adhering to the prudential indicators set for the year. Councillors discussed the importance of maintaining financial stability and agreed to continue monitoring the council's financial activities closely.

2023-24 GRA Capital Outturn

The committee reviewed the 2023-24 GRA Capital Outturn report, including Appendix 1. The report provided a summary of capital expenditure and highlighted significant projects completed during the year. Councillors discussed the allocation of capital resources and the impact of completed projects on the community. The committee approved the report, acknowledging the successful delivery of key initiatives.

2023-24 GRA Revenue Outturn

The 2023-24 GRA Revenue Outturn report was also discussed, detailing the council's revenue performance for the year. The report indicated a balanced budget, with some areas of overspend offset by savings in other departments. Councillors debated the reasons for variances and agreed on measures to improve budget management in the future.

Late Information

The committee considered Late Information provided for the meeting, which included updates on ongoing projects and additional financial data. Councillors reviewed the information and incorporated it into their discussions and decisions.