Decision - Targeted Budget Management (TBM) 2022/23: Month 5 (August)

RESOLVED: That the Committee –

(i)             Noted the forecast risk position for the General Fund, which indicates a potential forecast overspend risk of £13.114m. This includes a net overspend of £0.088m on the council’s share of the NHS managed Section 75 services;

(ii)            Notee the forecast for the Housing Revenue Account (HRA), which is currently an overspend of £1.167m;

(iii)          Noted the forecast position for the Dedicated Schools Grant which is currently an overspend of £0.313m;

(iv)          Noted the forecast outturn position on the capital programme which is a forecast overspend of £9.030m and approve the variations and slippage in Appendix 6 and new schemes as set out in Appendix 7;

(v)           Agreed in light of the comments in paragraph 12 of the report, that an urgent report be brought to the Member Budget Review Group as soon as TBM Month 6 is available, and request that the Chair of P&R callsa Special Policy & Resources Committee meeting or Policy & Resources Urgency Sub-Committee meeting should, in the views of the Budget Review Group the situation has not shown any significant improvement and that such a meeting is needed.