Social Value Ideas for Stroud District Council

Debt and interest costs

The council reported significant external borrowing, most of it linked to the Housing Revenue Account, and high annual interest payments. This is not a procurement event itself, but it is a material f…

“Stroud District Council has total external borrowing of GBP 100,717,000, of which GBP 97,700,000 relates to the housing revenue accounts.”

Outturn underspend allocated

The outturn report recorded a general fund underspend and an HRA underspend, with several allocations already earmarked. Notable items included £40,000 for Stratford Park Leidos, £20,000 for Brimscomb…

“The general fund had revenue underspend of GBP 1,583,000. The eagle eyed amongst you may have noticed that there is a typo on the business rates pool …”

Budget gap and LGR pressure

Officers warned that the council must start making measured decisions to bridge a declining funding position, with an implied need to find about £5 million in savings over three years if local governm…

“So ultimately, we do need to start looking at ways of balancing the budget. The funding is reducing over the coming years. That is something that we h…”

Treasury reporting confirms no immediate issue

The annual treasury report was approved and officers said reducing balances were not currently creating treasury management problems. ESG quality improved, with all investments now rated in A categori…

“My understanding is that we all of our investments are now rated in the category A, one of the A categories. We no longer have any in B. So it's going…”

Joint Covering Letter Submission

Delegated authority granted to the Chief Executive in consultation with the Leader of Council to agree minor alterations to the joint covering letter (Appendix A) and sign it on behalf of Stroud Distr…

“Council resolves a to delegate authority to the chief executive in consultation with the leader of the council to agree any minor alterations to the j…”

Local Government Reorganisation Decision

Stroud District Council voted on which of three full proposals for local government reorganisation in Gloucestershire to support. The council ultimately voted 27-15 in favour of supporting a single un…

“the council is required this evening to make a decision on which of those three proposals we support. Each council can propose or support only one.”

Stroud District Council Response Letter

Delegated authority granted to Chief Executive in consultation with four political group leaders to agree additions and alterations to draft Stroud District Council letter (Appendix B) for submission …

“to delegate authority to the chief executive in consultation with the four political group leaders to agree additions and alterations to the draft Str…”

Response to structural changes order questions

The council agreed its formal response to MHCLG’s structural changes order questions for Gloucestershire local government reorganisation, and delegated authority to the chief executive and leader to f…

“Speaker 0: So I'm now going to put that resolution to the vote. Please, could you indicate by electronic voting? One, if you support, two, if you vote…”

Prefer new council over preparing authority

For the one-unitary scenario, the council reaffirmed its preference for a new council model rather than a preparing authority, largely to signal a fresh start and avoid perpetuating county council cul…

“Speaker 3: So that is something for us to think about. But that's all I can introduce it with, and now I think we need to have a bit of debate about w…”