Agenda and decisions

To receive any apologies for absence.

To receive any declarations of personal interest.

To note any items that are a matter of urgency in the view of the Chair for consideration.

The Chair shall propose that the minutes of the meeting held on 24^th March, 2023 be signed as a true record.

Dewi A.Morgan (Host Authority Head of Finance - Statutory Finance Officer) and Sian Pugh (Host Authority Assistant Head of Finance) to present the report.

1.    To note and accept the NWEAB’s revenue out-turn report for 2022/23 (Appendix 1 to the report), the NWEAB's reserves (Appendix 2) and the Capital End of Year Review as at 31 March 2023 (Appendix 3).

2.    To approve for the £148,000 revenue underspend for 2022/23 to be transferred to the 2023/24 budget, with £18,000 of it added to the Business Delivery Board heading and £130,000 added to the Projects heading.

Hedd Vaughan-Evans (Head of Operations) to present the report.

1.    That the Board consider and note the Quarter 4 Performance Report and updated Portfolio Risk Register.

2.    That the Board approve the submission of the Quarter 4 Performance Report to the Welsh Government and UK Government, as well as the local authority scrutiny committees.

Hedd Vaughan-Evans (Head of Operations) to present the report.

1.    That the Board approve the streamlined approval route for Full Business Cases (FBC) as set out in Paragraph 4.10 of this report where:

Ø  There has been no change in the scope of the project since the approved Outline Business Case (OBC) or any subsequent change request that was approved.

Ø  Spending objectives targets (e.g. jobs) have not reduced by more than a 10% tolerance since the approved Outline Business Case (OBC) or any subsequent change request that was approved by the Board.

Ø  There is no additional financial ask of the North Wales Growth Deal since the approved Outline Business Case (OBC) or any subsequent change request that was approved by the Board.

Ø  No further delegated authority is required from the Board.

2.    In all other cases the normal FBC approval process would apply.

Alwen Williams (Portfolio Director) and Hedd Vaughan-Evans (Head of Operations) to present the report.

That the Board approve the increase in the amount of Growth Deal grant available to support the Portfolio Management Office from 1.5% to 2% reducing the overall amount of funding to support new projects through the project replacement process by £1.2 million and to consider a further increase should there be any unallocated funding at the end of the process to select replacement projects for the Growth Deal.