Issue - items at meetings - Targeted Budget Management (TBM) 2011/12 Month 9

Report of the Director of Finance (copy attached).

RESOLVED:

(1)               That the provisional outturn position for the General Fund, which has an under spend of £3.187m be noted;

(2)               That the forecast out-turn for the Section 75 Partnerships and Housing Revenue Account (HRA) for 2011/12 be noted;

(3)               That the provisional out-turn position on the capital programme be noted; and

(4)               That the following changes to the capital programme, the new schemes, variations and slippage as set out in Appendices 1 & 2 to the report be approved.

192.1    Councillor J. Kitcat introduced the report and noted that an underspend was being projected for the year end and wished to thank his Cabinet colleagues and officers across the service areas for their work in tackling the pressures and finding solutions that had led to the current position.

192.2    Councillor G. Theobald noted the provisional underspend for the General Fund, but also noted that there were significant increases in areas such as foster placements, travellers and a substantial amount identified for the Downland Initiative.  He was disappointed that an overspend remained for HR and Communications.

192.3    The Chair stated that in regard to foster care placements, it was a national trend and action was being taken to try to address the costs such as using more carers from within the city.

192.4    Councillor J. Kitcat noted that both the HR and Communications overspends had been reduced and improvements made which was encouraging.  He stated that officers were looking at the possibility of shared services with other authorities and it was hoped that further progress would be made.

192.5    Councillor Mitchell welcomed the projected underspend and stated that she hoped the support to major projects would not be lost as part of the savings exercise and noted the improvement in the Communications area.

192.6    RESOLVED:

(1)         That the provisional outturn position for the General Fund, which has an under spend of £3.187m be noted;

(2)         That the forecast out-turn for the Section 75 Partnerships and Housing Revenue Account (HRA) for 2011/12 be noted;

(3)         That the provisional out-turn position on the capital programme be noted; and

(4)         That the following changes to the capital programme, the new schemes, variations and slippage as set out in Appendices 1 & 2 to the report be approved.