Issue - meetings

Report of the Head of Corporate Resources

The Cabinet considered the report of the Head of Corporate Resources which provided details of the progress made in the achievement of the approved Revenue savings for 2016/17 (including residual savings carried forward from 2015/16); the current forecast outturn position for 2016/2017 as at the end of June 2016; the receipt of grant for the Independent Living Fund; a request to engage specialist support to assist the Council in delivering a change programme and a sustainable budget position for the period 2017/18 to 2019/20; and the forecast on Council Tax and Business Rates collection for 2016/17. 

Decision Made: That

(1)          the progress to date on the achievement of approved savings for 2016/17 and residual savings carried forward from previous years be noted;

(2)          the current forecast outturn position as at the end of June 2016 be noted;

(3)          the receipt of £2.319m grant for the Independent Living Fund for 2016/17 be noted, and it be agreed that the additional receipt of £0.5m be allocated to the Adult Social Care budget;

(4)          the proposed approach to deliver the 2030 Vision and a sustainable budget for 2017-2020;

(5)          approval be given to the use of £0.3m from the Transformation Reserve to finance the anticipated costs of specialist support in delivering the three year forecast MTFP deficit of £64m. and

(6)          the forecast position on the collection of Council Tax and Business Rates for 2016/17 be noted.

Reasons for Decision:

To ensure Cabinet are informed of the forecast outturn position for the revenue budget and delivery of savings as at end of June 2016. The report also identifies the receipt of Independent Living Fund monies for 2016/17 and requests approval for its use within Adult Social Care to meet ongoing budget pressures. To approve the use £0.3m from the Transformation Reserve to finance the anticipated costs of specialist support in developing the necessary business cases and supporting the delivery of £64m savings requirement, also requires approval. In addition, the Cabinet was updated on the forecast outturn position with regard to the collection of Council Tax and Business Rates.

Alternative Options Considered and Rejected:

None.