Decision - Targeted Budget Management (TBM) 2019/20: Month 5
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Decision details
Targeted Budget Management (TBM) 2019/20: Month 5
Decision Maker: Policy & Resources Committee
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Decision:
RESOLVED: That the Committee
(i) Noted the forecast risk position for the General Fund, which
indicates a budget pressure of £4.100m. This includes an overspend of £0.121m on the council’s share of the NHS managed Section 75 services.
(ii) Noted that the one-off financial risk safety net of £0.855m is
available to mitigate the forecast risk if the risks cannot be completely eliminated by year-end.
(iii) Noted the forecast for the Housing Revenue Account (HRA),
which is currently an underspend of £0.080m.
(iv) Noted the forecast risk position for the Dedicated Schools Grant which is an underspend of £0.145m.
(v) Noted the forecast outturn position on the capital programme and approve the variations and slippage in Appendix 6 and the new schemes as set out in Appendix 7.
(vi) Approved the use of £0.158m Modernisation Fund resources to support implementation of the Community Infrastructure Levy charging scheme as endorsed by the Tourism, Economy, Communities & Culture Committee.
Report author: Jeff Coates
Publication date: 10/10/2019
Date of decision: 10/10/2019
Decided at meeting: 10/10/2019 - Policy & Resources Committee
Accompanying Documents:
- Targeted Budget Management (TBM) 2019/20: Month 5 PDF 398 KB View as HTML (1) 117 KB
- Appendix 1: Financial Dashboard Summary PDF 238 KB View as HTML (2) 6 KB
- Appendix 2: Revenue Budget RAG Rating PDF 238 KB View as HTML (3) 135 KB
- Appendix 3: General Fund Revenue Budget Movement Since Month 2 PDF 252 KB View as HTML (4) 95 KB
- Appendix 4: Revenue Budget Performance PDF 546 KB View as HTML (5) 420 KB
- Appendix 5: Summary of 2019/20 Savings Progress PDF 105 KB View as HTML (6) 35 KB
- Appendix 6: Capital Programme Performance PDF 335 KB View as HTML (7) 215 KB
- Appendix 7: New Capital Schemes PDF 247 KB View as HTML (8) 80 KB