Decision - Targeted Budget Management (TBM) 2020/21:Month 7

RESOLVED: That the Committee –

(i)             Noted the forecast risk position for the General Fund, which indicates an overspend of £0.030m. This includes an overspend of £0.313m on the council’s share of the NHS managed Section 75 services;

(ii)            Noted the forecast net Collection Fund deficit of £11.818m;

(iii)          Noted the forecast for the Housing Revenue Account (HRA) which is currently an underspend of £0.860m;

(iv)          Noted the forecast risk position for the Dedicated Schools Grant which is an overspend of £0.348m;

(v)           Noted the forecast outturn position on the capital programme which is a forecast underspend of £3.171m;

(vi)          Approved a transfer of £0.440m from the current HRA underspend to create an earmarked reserve for the catch-up of responsive repairs works in 2021/22 as set out in Appendix 4.