Decision - Targeted Budget Management (TBM) 2018/19: Month 7

RESOLVED: That the Committee –

(i)            Noted the forecast risk position for the General Fund which

indicates a budget pressure of £1.487m. This includes an overspend of £1.130m on the council’s share of the NHS managed Section 75 services.

(ii)          Noted that the one-off financial risk safety net of £1.500m is available to mitigate the forecast risk if the risks cannot be completely eliminated by the year-end.

(iii)         Noted the forecast for the Housing Revenue Account (HRA),

which is currently an underspend of £0.500m.

(iv)         Noted the forecast position for the Dedicated Schools Grant,

which is an underspend of £0.235m.

(v)          Noted the forecast outturn position on the capital programme

and approved the variations and slippage in Appendix 5 and the new schemes as set out in Appendix 6.

(vi)         Accepted the grant awarded for the South East Museum Development Programme as set out in paragraph 6.3.