Agenda item - Targeted Budget Management (TBM) Provisional Outturn 2018/19

Report of the Executive Director Finance & Resources (copy attached)

RESOLVED: That the Committee -

1.    Noted that the provisional General Fund outturn position is an

underspend of £0.111m and that this represents an improvement in resources of £0.111m compared to the projected and planned resource position at Month 9 taken into account when setting the 2019/20 budget.

2.    Noted the provisional outturn includes an overspend of

£1.057m on the council’s share of the NHS managed Section 75 services.

3.    Noted the provisional outturn for the separate Housing Revenue Account (HRA), which is an underspend of £1.031m.

4.    Noted the provisional outturn position for the ring-fenced Dedicated Schools Grant, which is an underspend of £0.804m.

5.    Approved carry forward requests totalling £2.745m as detailed in Appendix 5 and included in the provisional outturn.

6.    Approved the creation of 3 earmarked reserves as set out in paragraph 6.2.

7.    Agreed to allocate £0.100m of the outturn underspend to support completion of Subject Access Requests (SARs) as set out in paragraph.

8.    Noted the provisional outturn position on the capital programme which is an underspend variance of £1.278m.

9.    Approved the capital budget variations and slippage requested in Appendix 7.

26.1    RESOLVED: That the Committee -

1.    Noted that the provisional General Fund outturn position is an

underspend of £0.111m and that this represents an improvement in resources of £0.111m compared to the projected and planned resource position at Month 9 taken into account when setting the 2019/20 budget.

2.    Noted the provisional outturn includes an overspend of

£1.057m on the council’s share of the NHS managed Section 75 services.

3.    Noted the provisional outturn for the separate Housing Revenue Account (HRA), which is an underspend of £1.031m.

4.    Noted the provisional outturn position for the ring-fenced Dedicated Schools Grant, which is an underspend of £0.804m.

5.    Approved carry forward requests totalling £2.745m as detailed in Appendix 5 and included in the provisional outturn.

6.    Approved the creation of 3 earmarked reserves as set out in paragraph 6.2.

7.    Agreed to allocate £0.100m of the outturn underspend to support completion of Subject Access Requests (SARs) as set out in paragraph.

8.    Noted the provisional outturn position on the capital programme which is an underspend variance of £1.278m.

9.    Approved the capital budget variations and slippage requested in Appendix 7.