Agenda and draft minutes
Budget Monitoring Sub-Committee
Wednesday 12 June 2019 2.00 pm

Venue: Committee Room 5, City Hall, The Queen's Walk, London, SE1 2AA. View directions

Contact: Lauren Harvey, Committee Assistant, telephone: 020 7983 4383; email:  [email protected] 

Items
No. Item

1.

Apologies for Absence and Chairman's Announcements

To receive any apologies for absence and any announcements from the Chairman.

Minutes:

1.1   There were no apologies for absence.

 

2.

Declarations of Interests pdf icon PDF 84 KB

The Sub-Committee is recommended to:

 

(a)  Note the list of offices held by Assembly Members, as set out in the tables at Agenda Item 2, as disclosable pecuniary interests;

 

(b)   Note the declaration by any Member(s) of any disclosable pecuniary interests in specific items listed on the agenda and the necessary action taken by the Member(s) regarding withdrawal following such declaration(s); and

 

(c)  Note the declaration by any Member(s) of any other interests deemed to be relevant (including any interests arising from gifts and hospitality received which are not at the time of the meeting reflected on the Authority’s register of gifts and hospitality, and noting also the advice from the GLA’s Monitoring Officer set out at Agenda Item 2) and any necessary action taken by the Member(s) following such declaration(s).

Minutes:

2.1   Resolved:

 

That the list of offices held by Assembly Members, as set out in the table at Agenda Item 2, be noted as disclosable pecuniary interests.

3.

Membership of the Sub-Committee

The Sub-Committee is recommended to note the membership and chairing arrangements for the Budget Monitoring Sub-Committee, as agreed at the Annual Meeting of the London Assembly on 2 May 2019, as follows:

 

Gareth Bacon AM (Chairman)

Len Duvall AM (Deputy Chair)

Jennette Arnold OBE AM

Minutes:

3.1  Resolved:

 

That the membership and chairing arrangements for the Budget Monitoring Sub?Committee, as agreed at the Annual Meeting of the London Assembly on 2 May 2019, be noted as follows:

 

Gareth Bacon AM (Chairman)

Len Duvall AM (Deputy Chair)

Jennette Arnold OBE AM

4.

Terms of Reference

The Sub-Committee is recommended to note the following term of reference for the Sub-Committee:

 

To consider the quarterly monitoring reports provided by the GLA and its functional bodies as referred to it by the Budget and Performance Committee, and any other reports falling within the terms of reference of the Budget and Performance Committee which that Committee considers appropriate, and to report back its findings to the Budget and Performance Committee as necessary.

Minutes:

4.1  Resolved:

 

That the term of reference for the Sub-Committee, as agreed at the Annual Meeting on 2 May 2019, as set out below, be noted:

 

To consider the quarterly monitoring reports provided by the GLA and its functional bodies as referred to it by the Budget and Performance Committee,  ...  view the full minutes text for item 4.

5.

Standing Delegation of Authority

The Sub-Committee is recommended to note the following term of reference for the Sub?Committee:

 

At its Annual Meeting in May 2013, the Assembly agreed to delegate a general authority to the Chairs of all ordinary committees and sub-committees to respond on the relevant committee or sub-committee’s behalf, following consultation with the lead Members of the party Groups on the committee or sub-committee, where it is consulted by organisations and there is insufficient time to consider the consultation at a committee meeting.

Minutes:

5.1  Resolved:

 

  That the standing delegation of authority, as set out below, be noted:

 

At its Annual Meeting on 1 May 2013, the Assembly agreed to delegate a general authority to the Chairs of all ordinary committees and sub-committees to respond on the relevant committee or sub-committee’s behalf, following consultation  ...  view the full minutes text for item 5.

6.

Minutes pdf icon PDF 94 KB

The Sub-Committee is recommended to confirm the minutes of the meeting of the Budget Monitoring Sub-Committee held on 20 March 2019 to be signed by the Chairman as a correct record.

Additional documents:

Minutes:

6.1   Resolved:

 

That the minutes of the Budget Monitoring Sub-Committee meeting held on 20 March 2019 be signed by the Chairman as a correct record.

7.

Summary List of Actions pdf icon PDF 66 KB

Report of the Executive Director of Secretariat

Contact:  Lauren Harvey; [email protected]; 020 7983 4383

 

The Sub-Committee is recommended to note the outstanding actions arising from a previous meeting of the Budget Monitoring Sub?Committee.

Minutes:

7.1   The Committee received the report of the Executive Director of Secretariat.

 

7.2   Resolved:

 

That the outstanding actions arising from a previous meeting of the Budget Monitoring Sub-Committee be noted.

8.

GLA Borrowing pdf icon PDF 70 KB

Report of the Executive Director of Secretariat

Contact: Gino Brand, [email protected], 020 7983 5792

 

The Sub-Committee is recommended to:

(a)  Note the report as background to putting questions to invited guests, and the subsequent discussion; and

(b)  Delegate authority to the Chairman, in consultation with party Group Lead Members, to agree any output from the discussion at the meeting.

Additional documents:

Minutes:

8.1  The Committee received the report of the Executive Director of Secretariat as background to putting questions to the following invited guests:

·  Simon Kilonback, Chief Finance Officer, Transport for London (TfL);

·  Sarah Bradley, Group Financial Controller, TfL;

·  Emanuela Cernoia-Russo, Corporate Finance and Strategy Director, TfL;

·  Luke Webster, GLA Group Treasury  ...  view the full minutes text for item 8.

9.

Quarter 4, 2018/19 GLA Group Monitoring Reports pdf icon PDF 66 KB

Report of the Executive Director of Secretariat

Contact:  Lauren Harvey; [email protected]; 020 7983 4383

 

The Sub-Committee is recommended to note the monitoring reports for Quarter 4 of 2018/19.

Additional documents:

Minutes:

9.1  The Sub-Committee received the report of the Executive Director of Secretariat.

 

9.2  Resolved:

 

That the monitoring reports for Quarter 4 of 2018/19 be noted.

10.

Mayor's Decision Lists: 12 February 2019 to 2 May 2019 pdf icon PDF 77 KB

Report of the Executive Director of Secretariat

Contact:  Lauren Harvey, [email protected], 020 7983 4383 

The Sub-Committee is recommended to discuss any issues arising in respect of the Mayor’s Decision Lists for the period 12 February 2019 to 2 May 2019 (previously made available as background papers to the relevant Mayor's Report to the Assembly), and decide whether to refer any issues to the Budget and Performance Committee for detailed consideration.

Additional documents:

Minutes:

10.1  The Sub-Committee received the report of the Executive Director of Secretariat.

 

10.2  Resolved:

 

That the Mayor’s Decision Lists for the period 12 February 2019 to 2 May 2019 be noted.

11.

Payments over £250 pdf icon PDF 53 KB

Report of the Executive Director of Resources

Contact: Yen Dang, [email protected], 020 7983 4863

 

The Sub-Committee is recommended to note the report.

Additional documents:

Minutes:

11.1  The Sub-Committee received the report of the Executive Director of Resources.

 

11.2  Resolved:

 

That the report be noted.

12.

Budget Monitoring Sub-Committee Work Programme pdf icon PDF 74 KB

Report of the Executive Director of Secretariat

Contact: Gino Brand, [email protected], 020 7983 5792

 

The Sub-Committee is recommended to note its work programme.

 

Minutes:

12.1  The Sub-Committee received the report of the Executive Director of Secretariat.

 

12.2  Resolved:

 

  That the work programme be noted.

13.

Date of Next Meeting

The next meeting of the Sub-Committee is scheduled for 11 September 2019 at 2.00pm in the Chamber, City Hall.

Minutes:

13.1  The next meeting of the Sub-Committee was scheduled for 11 September 2019 at 2.00 pm in the Chamber, City Hall.

14.

Any Other Business the Chairman Considers Urgent

Minutes:

14.1   There were no items of business the Chairman considered urgent.

15.

Close of Meeting

Minutes:

15.1  The meeting ended at 3.30 pm.