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Portsmouth City Borough Council
Councillors: 42
Wards: 14
Committees: 37
Meetings (2025): 120
Meetings (2024): 154

Meeting

Cabinet - Portsmouth City

Minutes
Pending
Decisions
Published
Meeting Times
Scheduled Time
Start:
Tuesday, 4th March 2025
2:00 PM
End:
Tuesday, 4th March 2025
6:00 PM
Meeting Status
Status:
Confirmed
Date:
04 Mar 2025
Location:
Council Chamber - The Guildhall, Portsmouth
Meeting Attendees
Councillor Chris Attwell photo
Cabinet Member
Cabinet Member for Central Services
Councillor Chris Attwell

Liberal Democrat

Present, as expected

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Councillor Peter Candlish photo
Cabinet Member
Cabinet Member for Transport
Councillor Peter Candlish

Liberal Democrat

Present, as expected

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Councillor Kimberly Barrett photo
Cabinet Member
Cabinet Member for Climate Change and Greening the City
Councillor Kimberly Barrett

Liberal Democrat

Present, as expected

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Councillor Lee Hunt photo
Cabinet Member
Cabinet Member for Community Safety, Leisure & Sport
Councillor Lee Hunt

Liberal Democrat

Present, as expected

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Councillor Matthew Winnington photo
Cabinet Member
Cabinet Member for Community Wellbeing, Health & Care
Councillor Matthew Winnington

Liberal Democrat

Present, as expected

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

Liberal Democrat

Present, as expected

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Councillor Dave Ashmore photo
Cabinet Member
Cabinet Member for Environmental Services
Councillor Dave Ashmore

Liberal Democrat

Present, as expected

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Councillor Steve Pitt photo
Chair
Leader of the Council (with portfolio responsibility for Culture, Regeneration & Economic Development)
Councillor Steve Pitt

Liberal Democrat

Present, as expected

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Cabinet Member
Cabinet Member for Children, Families & Education
Councillor Nicholas Dorrington

Present, as expected

Councillor Hugh Mason photo
Cabinet Member
Cabinet Member for Planning Policy & City Development
Councillor Hugh Mason

Liberal Democrat

Present, as expected

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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.
4 Member Champions - Annual Report
Purpose

To update Cabinet on the work of Member Champions during the 2024/25 municipal year.
Attachments:
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.
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).
Attachments:
7 Rough Sleeping funding update
Purpose

To update on the Rough Sleeping Service.
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
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).
Previous Meetings
Meeting

29th Apr 2025

Cabinet

Meeting

19th Mar 2025

Cabinet

Meeting

4th Mar 2025

Cabinet

Meeting

11th Feb 2025

Cabinet

Meeting

8th Jan 2025

Cabinet

Meeting

7th Jan 2025 Cancelled

Cabinet

Meeting

26th Nov 2024

Cabinet

Meeting

29th Oct 2024

Cabinet

Meeting

1st Oct 2024

Cabinet

Meeting

10th Sep 2024

Cabinet

Future Meetings
Meeting

24th Jun 2025

Cabinet

Meeting

22nd Jul 2025

Cabinet

Meeting

25th Sep 2025

Cabinet

Meeting

28th Oct 2025

Cabinet

Meeting

25th Nov 2025

Cabinet

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