Decisions for issue Targeted Budget Management (TBM) 2019/20: Month 2

RESOLVED: That the Committee -

1.    Noted the forecast risk position for the General Fund, which indicates a budget pressure of £3.427m. This includes an overspend of £0.099m on the council’s share of the NHS managed Section 75 services.

2.    Noted that the one-off financial risk safety net of £1.065m is available to mitigate the forecast risk if the risks cannot be completely eliminated by year-end.

3.    Noted the forecast for the Housing Revenue Account (HRA), which is currently an underspend of £0.320m.

4.    Noted the forecast risk position for the Dedicated Schools Grant which is an overspend of £0.102m.

5.    Noted the forecast outturn position on the capital programme and approve the variations and slippage in Appendix 5 and the new schemes as set out in Appendix 6.

6.    Agreed the proposed funding of Non-Schools Term Time Only back pay as set out in paragraphs 6.3 to 6.5.

7.    Noted the proposed funding of Schools Term Time Only back pay as set out in paragraphs 6.3 to 6.5.

8.    Agreed to explore further options for the proposed funding of Schools back pay and asks for it to be considered by the Schools Forum.