Issue - items at meetings - Targeted Budget Management (TBM) Provisional Outturn 2008/09

Report of the Interim Director of Finance & Resources (copy attached).

(1)       That the Cabinet note the significantly improved provisional outturn position for the General Fund, which is now forecasting an underspend of £2.441 million.

(2)       That the Cabinet note the provisional outturn for the Section 75 Partnerships and Housing Revenue Account (HRA) for 2008/09.

(3)       That the Cabinet approve the budget changes and future commitments set out in paragraph 3.5.

(4)       That the Cabinet note the provisional outturn position on the capital programme.

(5)       That the Cabinet approve the following changes to the capital programme:

(i)         The budget reprofiling as set out in Appendix 2;

(ii)        The carry forward of slippage of £2.578 million into the 2009/10 capital programme, to meet on-going commitments on these schemes as set out in Appendix 3;

(iii)       The new schemes as set out in Appendix 4.

30.1       The Cabinet considered a report of the Interim Director of Finance & Resources concerningthe provisional outturn position (Month 12) on the revenue and capital budgets for the financial year 2008/09 (for copy see minute book).

30.2       Councillor Simson was pleased that funding had been found from inside the council to support The Bridge, a community education centre based in Moulsecoomb previously funded under EB4U, in order that it could continue its activities and secure long term funding.

30.3       Councillor Elgood requested more information on the carry forward proposed in respect of the Aiming High programme for disabled children. He requested a written list of the carry forward.

30.4       The Director of Adult Social Car & Housing explained that it was joint funding across Children’s and Adult services, which had to be carried forward to develop the services in the next year

30.5       The Director of Children’s Services added that the funding was being transferred from the adult budget to the children’s budget so it would not be lost; this was accounting mechanism.

30.6       In response to concerns from Councillor Mitchell regarding the increased demands on the Older People and Physical Disability Services, the Director for Adult Social Care & Housing explained that the current trend had not been expected and that future trends were difficult to predict; the financial recovery plans for the next year set out how the pressures will be managed.

30.7       In response to similar concerns from Councillor Mitchell regarding demand on Children’s Services, Councillor Brown confirmed that the council had a higher number of looked after children and a higher number of children on the child protection register due to the national focus on this area. An analysis of figures was currently being done in order to make better predictions in the future with regard to this very sensitive area.

30.8       RESOLVED - That, having considered the information and the reasons set out in the report, the Cabinet accepted the following recommendations:

(1)       That the significantly improved provisional outturn position for the General Fund, which is now forecasting an underspend of £2.441 million be noted.

(2)       That the provisional outturn for the Section 75 Partnerships and Housing Revenue Account (HRA) for 2008/09 be noted.

(3)       That the budget changes and future commitments set out in paragraph 3.5 be approved.

(4)       That the provisional outturn position on the capital programme be noted.

(5)       That the following changes to the capital programme be approved:

(i)         The budget reprofiling as set out in Appendix 2;

(ii)        The carry forward of slippage of £2.578 million into the 2009/10 capital programme, to meet on-going commitments on these schemes as set out in Appendix 3;

(iii)       The new schemes as set out in Appendix 4.