Issue - meetings

Report of the Head of Corporate Resources

The Cabinet considered the report of the Head of Corporate Resources in relation to; the current forecast revenue outturn position for the Council for 2017/18 as at the end of June; the forecast being informed by the latest analysis of expenditure and income due to the Council, in addition to the progress in delivering approved savings; the current forecast on Council Tax and Business Rates collection for 2017/18 and the current position of the Capital Programme and the additional requests to the Capital Programme, as detailed in paragraph 6 to the report.

Decision Made: That:

(1)       the forecast deficit outturn position of £1.295m as at the end of June 2017, be reviewed and considered;

(2)       review the progress to date on the achievement of approved Public Sector Reform savings for 2017/18, be reviewed;

(3)       the forecast position on the collection of Council Tax and Business Rates for 2017/18, be noted;

(4)       the current progress in the delivery of the 2017/18 Capital Programme, be noted; and

(5)       the additional capital allocations, outlined in section 6, to the 2017/18 Capital Programme, be approved and referred to the Council for approval.

Reasons for the Decision:

To ensure Cabinet are informed of the forecast outturn position for the 2017/18 revenue and capital budgets as at the end of June 2017 and to provide an updated forecast of the outturn position with regard to the collection of Council Tax and Business Rates.  To ensure additional schemes are included in the Capital Programme.

Alternative Options Considered and Rejected:

None