
Portsmouth City Borough Council
Councillors:
42
Wards:
14
Committees:
37
Meetings (2025):
120
Meetings (2024):
154
Meeting
Cabinet - Portsmouth City
Meeting Times
Scheduled Time
Start:
Tuesday, 4th March 2025
2:00 PM
Tuesday, 4th March 2025
2:00 PM
End:
Tuesday, 4th March 2025
6:00 PM
Tuesday, 4th March 2025
6:00 PM
Meeting Status
Status:
Confirmed
Confirmed
Date:
04 Mar 2025
04 Mar 2025
Location:
Council Chamber - The Guildhall, Portsmouth
Council Chamber - The Guildhall, Portsmouth
Meeting Attendees

Cabinet Member
Cabinet Member for Central Services

Cabinet Member
Cabinet Member for Transport

Cabinet Member
Cabinet Member for Climate Change and Greening the City

Cabinet Member
Cabinet Member for Community Safety, Leisure & Sport

Cabinet Member
Cabinet Member for Community Wellbeing, Health & Care

Vice-Chair
Deputy Leader of the Council; Cabinet Member for Housing and Tackling Homelessness

Cabinet Member
Cabinet Member for Environmental Services

Chair
Leader of the Council (with portfolio responsibility for Culture, Regeneration & Economic Development)
Cabinet Member
Cabinet Member for Children, Families & Education
Councillor Nicholas Dorrington
Present, as expected

Cabinet Member
Cabinet Member for Planning Policy & City Development
Agenda
1
Apologies for Absence
2
Declarations of Interests
3
Record of Previous Decision Meeting - 11 February 2025
A copy of the record of the previous decisions taken at Cabinet on 11 February 2025 is attached.
Attachments:
- Document Record of Previous Decision Meeting - 11 February 2025 24 Feb 2025
4
Member Champions - Annual Report
Purpose
To update Cabinet on the work of Member Champions during the 2024/25 municipal year.
To update Cabinet on the work of Member Champions during the 2024/25 municipal year.
Attachments:
- Document Member Champions - Annual Report 24 Feb 2025
5
Appointment to an Outside Organisation
Purpose
To agree the appointment of a Cabinet Member for the Portchester Crematorium Joint Committee.
RECOMMENDED that the Cabinet agrees the appointment of Councillor Dave Ashmore to the Portchester Crematorium Joint Committee.
To agree the appointment of a Cabinet Member for the Portchester Crematorium Joint Committee.
RECOMMENDED that the Cabinet agrees the appointment of Councillor Dave Ashmore to the Portchester Crematorium Joint Committee.
Attachments:
- Document Appointment to an Outside Organisation 24 Feb 2025
- Document Appointment to an Outside Organisation - Appendix 1 - Part 9D (Guidance) 24 Feb 2025
6
Health Determinants Research Collaboration update
Purpose
To inform Cabinet about Health Determinants Research Collaboration (HDRC) Portsmouth, a new five year programme funded by the National Institute of Health and Care Research (NIHR).
To inform Cabinet about Health Determinants Research Collaboration (HDRC) Portsmouth, a new five year programme funded by the National Institute of Health and Care Research (NIHR).
Attachments:
- Document Health Determinants Research Collaboration update 24 Feb 2025
7
Rough Sleeping funding update
Purpose
To update on the Rough Sleeping Service.
To update on the Rough Sleeping Service.
Attachments:
- Document Rough Sleeping funding update 24 Feb 2025
- Document Rough Sleeping - Appendix A - Breakdown of SSJ contract costs 24 Feb 2025
- Document Rough Sleeping - Appendix B - Timeline of key dates / milestones 24 Feb 2025
8
Forward Plan Omission Notice - Treasury Management Policy 2025/2026
The Treasury Management Policy 2025/2026 by the Director of Finance & Resources was omitted from the Forward Plan covering 10 January 2025 to 10 April 2025. The Chair of the City Council's Scrutiny Management Panel has been notified and a public notice published
Attachments:
- Document Forward Plan Omission Notice - Treasury Management Policy 2025/2026 24 Feb 2025
9
Treasury Management Policy 2025/2026
Purpose
To obtain the Council’s approval of the updated Treasury Management Policy Statement (attached) which includes the Annual Investment Strategy.
RECOMMENDED that the Cabinet recommends that Full Council
1. Approve the attached Treasury Management Policy Statement including the Treasury Management Strategy and Annual Investment Strategy for 2025/26 be approved which includes:
i. The upper limit for principal sums invested for longer than 365 days contained in section 4.6 of the attached Treasury Management Policy Statement
ii. The upper and lower limits on the maturity structure of borrowing contained in appendix 5.1 of the attached Treasury Management Policy Statement
2. Note that there are no significant changes to the Treasury Management Policy for 2025/26 compared to 2024/25
3. Approve that as set out in section 1.5 of the Treasury Management Policy Statement, the Director of Finance and Resources (Section 151 Officer) and officers nominated by him have delegated authority to:
i. Invest surplus funds in accordance with the approved Annual Investment Strategy
ii. Borrow to finance short term cash deficits and capital payments from any reputable source within the authorised limit for external debt of £1,105m (to be approved by the City Council on 25th February 2025)
iii. Reschedule debt to even the maturity profile or to achieve revenue savings; and
iv. Buy and sell foreign currency, and to purchase hedging instruments including forward purchases, forward options, and foreign exchange rate swaps to mitigate the foreign exchange risks associated with some contracts that are either priced in foreign currencies or where the price is indexed against foreign currency exchange rates.
4. Agree that the Director of Finance and Resources (Section 151 Officer) has the power to delegate treasury management operations to relevant staff.
5. Agree that the Chief Executive, the Leader of the City Council and the Chair of the Governance and Audit and Standards Committee be informed of any material variances from the Treasury Management Policy when they become apparent, and that the Leader of the City Council be consulted on remedial action (paragraph 1.2.2 of Treasury Management Policy Statement).
To obtain the Council’s approval of the updated Treasury Management Policy Statement (attached) which includes the Annual Investment Strategy.
RECOMMENDED that the Cabinet recommends that Full Council
1. Approve the attached Treasury Management Policy Statement including the Treasury Management Strategy and Annual Investment Strategy for 2025/26 be approved which includes:
i. The upper limit for principal sums invested for longer than 365 days contained in section 4.6 of the attached Treasury Management Policy Statement
ii. The upper and lower limits on the maturity structure of borrowing contained in appendix 5.1 of the attached Treasury Management Policy Statement
2. Note that there are no significant changes to the Treasury Management Policy for 2025/26 compared to 2024/25
3. Approve that as set out in section 1.5 of the Treasury Management Policy Statement, the Director of Finance and Resources (Section 151 Officer) and officers nominated by him have delegated authority to:
i. Invest surplus funds in accordance with the approved Annual Investment Strategy
ii. Borrow to finance short term cash deficits and capital payments from any reputable source within the authorised limit for external debt of £1,105m (to be approved by the City Council on 25th February 2025)
iii. Reschedule debt to even the maturity profile or to achieve revenue savings; and
iv. Buy and sell foreign currency, and to purchase hedging instruments including forward purchases, forward options, and foreign exchange rate swaps to mitigate the foreign exchange risks associated with some contracts that are either priced in foreign currencies or where the price is indexed against foreign currency exchange rates.
4. Agree that the Director of Finance and Resources (Section 151 Officer) has the power to delegate treasury management operations to relevant staff.
5. Agree that the Chief Executive, the Leader of the City Council and the Chair of the Governance and Audit and Standards Committee be informed of any material variances from the Treasury Management Policy when they become apparent, and that the Leader of the City Council be consulted on remedial action (paragraph 1.2.2 of Treasury Management Policy Statement).
Attachments:
- Document Treasury Management Policy 2025/2026 24 Feb 2025
- Document Appendix - Treasury Management Policy Statement 2025/2026 24 Feb 2025
Join the Discussion
You need to be signed in to comment.
Sign in