Decision - Targetted Budget Management (TBM) 2016/17 Month 5

RESOLVED:

1)     That the Committee note the forecast risk position for the General Fund, which indicates an in-year budget pressure of £3.916m. This includes a pressure of £0.232m on the council’s share of the NHS managed Section 75 services.

2)     That the Committee note that total recurrent and one-off risk provisions of £3.000m are available to mitigate the forecast risk if the risks cannot be completely eliminated by year-end.

3)     That the Committee note the forecast for the Housing Revenue Account (HRA), which is an underspend of £0.864m.

4)     That the Committee note the forecast risk position for the Dedicated Schools Grant which is an underspend of £0.009m.

5)     That the Committee note the forecast outturn position on the capital programme and approve the variations and reprofiles in Appendix 4 and the new schemes as set out in Appendix 5.

6)     That the Committee approves forward funding of Local Growth Fund Grant to the preferred Bike Share scheme provider up to a maximum value of £1.160m as set out in Paragraphs 6.3 to 6.5.

7)     That the Committee approves a budget transfer (virement) of £0.257m to reallocate 2016/17 pressure funding from the Community Care – Learning Disabilities budget to the Physical Support budget as set out in Appendix 2 (Health & Adult Social Care section).