Issue - meetings

Report of the Head of Corporate Resources

The Cabinet considered the report of the Head of Corporate Resources in relation to the Revenue and Capital Budget 2017/18 and more specifically informed Cabinet of; the current forecast revenue outturn position for the Council for 2017/18 as at the end of July. This forecast will be 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; the current position of the Capital Programme and to request a section 106 scheme is added; and  the fact that under the Better Care Fund planning process, the Council has the ability to invest some of the Disabled Facilities Grant funding on wider social care capital projects.

Decision Made:      That the Cabinet:

(1)      note the forecast deficit outturn position of £0.686m as at the end of July 2017;

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

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

(4)      note the current progress in the delivery of the 2017/18 Capital Programme;

(5)      approve the additional capital allocation, outlined in section 5.9, to the 2017/18 Capital Programme;

(6)      approve the use of up to £1.4m of the existing DFG adaptations programme for wider use within Better Care Fund plans; and

(7)      extend its appreciation to all Officers involved in delivering the Revenue and Capital Budget ensuring that saving proposals are on target and delivered.

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 July 2017 and to provide an updated forecast of the outturn position with regard to the collection of Council Tax and Business Rates.  To seek approval for additional schemes financed from section 106 monies, to be included within the Capital Programme.

Alternative Options Considered and Rejected:

None.