Councillor Malcolm Daniells
Email: mdaniells@fareham.gov.uk
Council: Fareham
Council Profile: View on council website
Committees:
Is this you? Claim this page.
Activity Timeline
Meetings Attended Note this may include planned future meetings.
62 meetings · Page 1 of 13
Executive - Monday, 2nd February, 2026 6.00 pm
Decisions from Meetings
107 decisions · Page 14 of 22
Treasury Management Strategy and Prudential Indicators
From: Executive - Monday, 3rd February, 2025 6.00 pm - February 03, 2025
The report considers the draft treasury Management Strategy and Investment Strategy for 2025/26, prior to its submission to the Council for approval. Regulations require the Council to prepare and formally approve both an annual Treasury Management Strategy and Investment Strategy. The latest document updated for 2025/26 is attached as Appendix A to the report for consideration by the Executive before being submitted to Council for approval. In the past 12 months, the Council’s investment balance has tanged between £18 million and £32 million, lower levels are expected in the forthcoming year due to capital programme expenditure. The Council expects to be a long-term borrower and new treasury investments will therefore be made primarily to manage day-to-day cash flows using short-term low risk instruments. The existing portfolio of strategic pooled funds will be maintained to diversify risk into different sectors and boost investment income. BORROWING levels are expected to be £71.3 million at the end of 2025/26, compared to £72.3 million in the last strategy. The Council has previously raised all of its long-term borrowing from the Public Works Loan Board (PWLB) but will consider long-term loans from other sources. The Ministry for Housing, Communities and Local Government (MHCLG) has issued a consultation on the extension of the statutory override on accounting for gains and losses on pooled investment funds. The outcome is expected to be published in February 2025. Whether the override will be extended beyond 31 March 2025 is unknown. The Council has set up a reserve of £500,000 to mitigate the impact of the pooled funds statutory override not being extended as unrealised losses on pooled investment funds are required to be recognised in the General Fund. The actual impact will be based on the valuations of the Council’s long term funds on 31 March 2026.
Recommendations Approved
Fareham Housing Decants Policy - approval for consultation
From: Executive - Monday, 3rd February, 2025 6.00 pm - February 03, 2025
To seek Executive approval for the draft Fareham Housing Decant Policy to go for six weeks public consultation. The Policy details the legislation and process for when occupants are required to move accommodation in an emergency or to enable repairs, major works and development. The policy applies to Council tenants, leaseholders, and in rare instances, private residents. Approval is sought for a six-week public consultation to be undertaken, prior to the policy returning to the Executive for formal adoption. An ‘easy read’ document accompanies the policy and will form part of the consultation. This is to ensure the key points of the policy can be communicated effectively. At its meeting of 9 January 2025, the Housing Scrutiny Panel considered the policy and requested clarification on the rent amount and the number of non-permanent decants in the past year. This is detailed in paragraph 16.
Recommendations Approved
Irrecoverable Debts
From: Executive - Monday, 3rd February, 2025 6.00 pm - February 03, 2025
The report proposes the approval of the write-off of certain debts over £5,000 which are considered to be irrecoverable. Appendix A to the report lists the debts that are considered irrecoverable. Every effort has been made to recover the debts and, in most cases, there is no further legal action that can be taken.
Recommendations Approved
Corporate Peer Challenge Position Statement
From: Executive - Monday, 3rd February, 2025 6.00 pm - February 03, 2025
To present and seek approval of the Positioning Statement for the Corporate Peer Challenge to support the LGA peer team to provide feedback. As part of the Council’s commitment to continuous improvement and to meet its Best Value Duty, Fareham Borough Council is participating in the Local Government Association’s (LGA) Corporate Peer Challenge. The aim of the challenge is to provide assurance, share good practice with the wider sector, as well as receive valuable challenge and advice to support improved service provision. The peer team will be made up of a lead Councillor and senior officers from other local authorities around the country. Preceding an on-site visit by the peer team to make their own assessments, the Council will be providing a data pack and positioning statement with relevant information including requests for guidance on specific topics. If approved, the positioning statement will be submitted to the LGA peer team to review before the on-site visit.
Recommendations Approved
Sale of Land at Faraday North
From: Executive - Monday, 3rd February, 2025 6.00 pm - February 03, 2025
As outlined in the confidential report.
Recommendations Approved
Summary
Meetings Attended: 62
Average per Month: 2.5
Decisions Recorded: 107