Issue - items at meetings - Targeted Budget Management (TBM) Revenue Outturn 2007/2008

1.     That the provisional outturn for the General Fund, Section 75 (S75) Partnerships and Housing Revenue Account for 2007/08 and the impact on reserves and balances be noted.

2.     That the contribution of £0.500 million to the Single Status reserve and the creation of a Car Parks Maintenance reserve of £0.400 million be agreed.

3.     That the changes to the 2008/09 budget allocations as set out in paragraph 3.6 of the report and the use of unallocated general reserves as set out in paragraph 3.5 of the report be agreed.

4.     That the carry forward of £0.799 million to 2008/09 relating to the Older People Mental Health Services S75 pooled budget, managed by Sussex Partnership Trust be agreed, subject to Joint Commissioning Board approval at their meeting on 16^th June 2008.

5.     That an additional contribution from the General Fund to the S75 Partnership pooled budget to meet the shortfall of £0.199 million against the Integrated Community Equipment Services S75 pooled budget managed by South Downs Health Trust be agreed.

6.     That the proposed distribution of the unallocated Local Authority Business Growth Incentive Scheme (LABGI) funding as set out in Appendix 2 of the report be agreed.

14.1   The Cabinet considered a report of the Director of Finance & Resources concerning the revenue outturn for 2007/08 for the General Fund, Section 75 Partnerships and Housing Revenue Account (HRA) as at the 31 March 2008 (for copy see minute book).

14.2   In response to questions from Councillor Mitchell, Councillor Caulfield explained that details regarding the expenditure of the Housing Revenue Account and proposals regarding the Decent Homes Standard would be reported to the Housing Cabinet Member meeting in July.

14.3   RESOLVED – Having considered the information and the reasons set out in the report, the Cabinet accepted the following recommendations:

(1) That the provisional outturn for the General Fund, Section 75 (S75) Partnerships and Housing Revenue Account for 2007/08 and the impact on reserves and balances be noted.

(2) That the contribution of £0.500 million to the Single Status reserve and the creation of a Car Parks Maintenance reserve of £0.400 million be agreed.

(3) That the changes to the 2008/09 budget allocations as set out in paragraph 3.6 of the report and the use of unallocated general reserves as set out in paragraph 3.5 of the report be agreed.

(4) That the carry forward of £0.799 million to 2008/09 relating to the Older People Mental Health Services S75 pooled budget, managed by Sussex Partnership Trust be agreed, subject to Joint Commissioning Board approval at their meeting on 16^th June 2008.

(5) That an additional contribution from the General Fund to the S75 Partnership pooled budget to meet the shortfall of £0.199 million against the Integrated Community Equipment Services S75 pooled budget managed by South Downs Health Trust be agreed.

(6) That the proposed distribution of the unallocated Local Authority Business Growth Incentive Scheme (LABGI) funding as set out in Appendix 2 of the report be agreed.

                                                                                                NOTE: Having declared a personal and prejudicial interest in the matter Councillor Mears withdrew from the meeting and took no part in the discussion or decision thereon.

                                                                                                In the absence of the Chairman, Councillor Mears, Councillor Brown chaired the meeting during consideration of the item.