Agenda and minutes

30.1     The minutes of the Cabinet meeting held on 10 November 2020 were agreed as a correct record.

Report by Chief Executive

31.1     The Cabinet considered a report by the Chief Executive.

31.2     It was RESOLVED to:

            1) note the latest monitoring position for the Council; and

            2) approve the proposed amendment to the performance measure set out in paragraph 2.1 of the report.

Reason

31.3     The report sets out the Council’s position and year end projections for the Council Plan targets, Revenue Budget, Capital Programme, Savings Plan together with Risks for 2020/21 quarter 2.

Report by Director of Communities, Economy and Transport

32.1     The Cabinet considered a report by the Director of Communities, Economy and Transport.

32.2     It was RESOLVED to:

(1)  note the contents of the East Sussex Economy Recovery Plan – East Sussex Reset, and the detailed action plan produced by Team East Sussex;

(2)   note the funding secured and realigned by partners to support the economic recovery; and

(3)   note that an update report on the progress in delivering East Sussex Reset will be presented to Cabinet in December 2021.

Reason

32.3     The County Council working with Team East Sussex, the county’s de-facto growth board, has in response to the CV19 pandemic developed with partners an economy recovery plan termed ‘East Sussex Reset’. The plan was launched in September 2020 and looks to identify interventions that will support businesses recover and reset, while supporting those unemployed to gain new skills and employment.

32.4     The Plan is an evolving document with the intention to coordinate activity amongst partners over the next 12-18 months and aid in both securing external funding mainly from Government and SELEP, while unlocking local partners’ resources and funding. Already significant initial investment of over £45m has been secured to deliver the plan. An update report on the progress and achievements in delivering East Sussex Reset will be presented to Cabinet in December 2021.

Report by Director of Children’s Services

33.1     The Cabinet considered a report by the Director of Children’s Services.

33.2     It was RESOLVED to note the Annual Progress report of Looked After Children’s Services in 2019/20

Reason

33.3 The report summarises the performance of Looked After Children’s Services in 2019/20

Report by Chief Operating Officer

34.1     The Cabinet considered a report by the Chief Operating Officer.

34.2     It was RESOLVED to note the Treasury Management performance in 2019/20 incorporating the Mid Year review for the first half of 2020/21.

Reason

34.3 This report fulfils the requirement to submit an annual/half yearly report in the form prescribed in the Treasury Management Code of Practice. Short term lending throughout the 18 month period covered achieved returns between 0.75% and 1.12%. The key principles of security, liquidity and yield are still relevant. Officers are currently investigating further opportunities within the strategy to increase investment income whilst minimising costs and maintaining security in a period of uncertainty.

35.1     It was agreed that items 5 and 7 should be reported to the County Council.

[Note: The items being reported to the County Council refer to minute numbers 31 and 33]