Meetings

NDM5073 Jocelyn Davies (South Wales East)

To propose that the National Assembly for Wales:

Notes the Finance Committee's report on Borrowing Powers and Innovative Approaches to Capital Funding which was laid in the Table Office on 3 July 2012.

Note: The response of the Welsh Government to the report was laid in the Table Office on 17 October 2012.

Supporting Documents:

Finance Committee’s report

Welsh Government’s response

The item started at 16.06

NDM5073 Jocelyn Davies (South Wales East)

To propose that the National Assembly for Wales:

Notes the Finance Committee's report on Borrowing Powers and Innovative Approaches to Capital Funding which was laid in the Table Office on 3 July 2012.

Note: The response of the Welsh Government to the report was laid in the Table Office on 17 October 2012.

The motion was agreed in accordance with Standing Order 12.36.

FIN(4) 12-12 – Paper 2 – Commission on Devolution in Wales

Paul Silk, Chair, Commission on Devolution in Wales

Professor Noel Lloyd, former Vice-Chancellor, Aberystwyth University

Dyfrig John, Chairman of Principality Building Society

4.1 The Chair welcomed Paul Silk, Chair, Commission on Devolution in Wales; Professor Noel Lloyd, Former Vice-Chancellor, Aberystwyth University; Dyfrig John, Chairman of Principality Building Society; and Ed Sherriff, Economic Advisor to the private meeting.

4.2 The Committee received an update on the work of the Commission on Devolution in Wales.

4.1 The Committee discussed its draft report on Borrowing Powers and Innovative Approaches to Capital Funding.

4.2 The Committee agreed that an amended version would be circulated to Members for comments via email.

6.1 The Committee discussed the key evidence and emerging themes for its inquiry into Devolved Funding: Borrowing Powers and Innovative Approaches to Capital Funding.

FIN(4) 08-12 – Paper 1 – Scottish Local Government Directors of Finance

Scottish Local Government Directors of Finance (Via Video Conference)

Bruce West, Head of Strategic Finance, Argyll & Bute Council

Ian Black, Head of Finance and IT, East Dunbartonshire Council

2.1 The Chair welcomed Bruce West, Head of Strategic Finance, Argyll and Bute Council and Ian Black, Head of Finance and IT, East Dunbartonshire Council via Video Conference.

2.2 The Committee questioned the witnesses.

2.3 The Committee agreed to write to the witnesses to request further information on questions that were not reached.

6.1 The Committee discussed the evidence on its inquiry into Devolved Funding: Borrowing Powers and Innovative Approaches to Capital Funding.

FIN(4) 08-12 – Paper 2 – Welsh Local Government Association

Will McLean, Strategic Partnerships & Engagement Lead, Monmouthshire County Council

Peter Davies, Assistant Head of Finance, Monmouthshire County Council

Jon Rae, Director of Resources, WLGA

3.1 The Chair welcomed Jon Rae, Director of Resources, WLGA; Will McLean, Strategic Partnerships and Engagement Lead, Monmouthshire County Council; and Peter Davies, Assistant Head of Finance, Monmouthshire County Council.

3.2 The Committee questioned the witnesses.

3.3 The Committee agreed to write to the witnesses to request further information on questions that were not reached.

7.1 The Committee discussed the evidence on its inquiry into Devolved Funding: Borrowing Powers and Innovative Approaches to Capital Funding.

FIN(4) 07-12 – Paper 2 – Local Government Association

Stephen Jones, Director of Finance and Resources, Local Government Association

3.1 The Chair welcomed Stephen Jones, Director of Finance and Resources, Local Government Association.

3.2 The Committee questioned the witness.     

FIN(4) 07-12 – Paper 1 – Welsh Government

Jane Hutt AM, Minister for Finance

Gerry Holtham, Infrastructure Investment Adviser

Andrew Jeffreys, Deputy Director, Strategic Capital Investment, Welsh Government

Jeff Andrews, Specialist Policy Adviser

2.1 The Chair welcomed Jane Hutt AM. Minister for Finance; Gerry Holtham, Infrastructure Investment Adviser; Andrew Jeffreys, Deputy Director, Strategic Capital Investment; and Jeff Andrews, Specialist Policy Adviser.

2.2 The Committee scrutinised the Minister.

2.3 The Committee agreed to write to the Minister requesting further information on questions which were not reached.

5.1 The Committee discussed evidence taken on its inquiry into Devolved Funding: Borrowing Powers and Innovative Approaches to Capital Funding.

FIN(4)-06-12 - Paper 1 - Scottish Futures Trust

Peter Reekie, Director of Finance, Scottish Futures Trust (Via Video Conference)

2.1 The Chair welcomed Peter Reekie, Director of Finance, Scottish Futures Trust, via video conference.    

2.2 The Committee questioned the witness.

7.1. The Committee discussed its inquiry into Devolved Funding: Borrowing Powers and Capital with the Expert Adviser. 

6.1 The Committee agreed the appointment of an expert adviser for its inquiry into Prudential borrowing and innovative approaches to capital funding.

8.1 The Committee discussed its inquiry into prudential borrowing and innovative approaches to capital funding.

4.1 The Committee discussed its forthcoming inquiry into devolution funding.

7.1 The Committee commented on and agreed the scope of an inquiry into devolution funding and the UK Commission.

(11.10-11.20)

5.1 The Committee discussed its potential inquiry into devolution funding.