Report of the Executive Director Corporate Resources and Customer Services.
The Cabinet considered the report of the Executive Director for Corporate Resources and Customer Services and were advised of:
(1) the current estimated financial impact of COVID-19 on the 2021/22 Budget;
(2) the current position relating to the 2021/22 revenue budget;
(3) the current forecast on Council Tax and Business Rates collection for 2021/22; and
(4) the monitoring position of the Council’s capital programme to the end of June 2021 in relation to:
· the forecast expenditure to year end;
· variations against the approved budgets and an explanation of those variations; and
· updates to spending profiles and proposed amendments to capital budgets necessary to ensure the efficient delivery of capital projects.
The Cabinet Member for Regulatory, Compliance and Corporate Services, Councillor Lappin thanked the Executive Director and his team for all their hard work and extended her appreciation to all teams across the Council for their continued support in the management of the Councils resources.
Decisions Made: That:
(A) in respect of the Revenue Budget:
(1) the current estimated impact of COVID-19 on the 2021/22 Budget together with the key issues that will influence the final position, be noted;
(2) the various Government grants that have been received to support residents and businesses which will be utilised in accordance with central government guidance, be noted;
(3) that the Executive Director of Adult Social Care and Health in consultation with the Cabinet Members for Adult Social Care and Health and Wellbeing be granted delegated authority to make decisions on the use of the discretionary elements of the Adult Social Care Infection Control and Testing Fund, be approved;
(4) the Executive Director – People in consultation with the Cabinet Members for Communities and Housing be granted delegated authority to make decisions in relation to the use of the Local Support Grant, be approved;
(5) the current position relating to the 2021/22 revenue budget, be noted;
(6) the financial risks associated with the delivery of the 2021/22 revenue budget be recognised and acknowledged that the forecast outturn position will continue to be reviewed to ensure a balanced forecast outturn position and financial sustainability can be achieved;
(B) that in respect of Grant Funding, the offer of £969,724 Adult Education Budget funding available to Sefton Council, which is ring-fenced for the delivery of adult community learning provision for residents aged over 19, be noted and accepted; and
(C) that in respect of the Capital Programme:
(1) the spending profiles across financial years for the approved capital programme, as detailed in paragraph 7.1 of the report, be noted;
(2) the revised Transport Allocations for Key Route Network maintenance (£0.471m) and the Pipeline Development Fund (£0.368m) as detailed in paragraph 7.7 of the report, be approved;
(3) the Council be recommended to approve the revised Highways Maintenance allocation of £3.100m as detailed in paragraph 7.7 of the report, be agreed;
(4) the supplementary capital estimate of £0.195m for the Regional Coastal Monitoring programme as detailed in paragraph 7.10 of the report, be approved.
(5) the latest capital expenditure position as at 30 June 2021 of £6.491m as detailed in paragraph 7.11 of the report and the latest full year forecast of £45.203m as detailed in paragraph 7.12 of the report, be noted;
(6) the explanations of variances to project budgets as detailed in paragraph 7.15 of the report, be noted; and
(7) it be noted that capital resources will be managed by the Executive Director Corporate Resources and Customer Services to ensure the capital programme remains fully funded and that capital funding arrangements secure the maximum financial benefit to the Council as detailed in paragraph 7.18 of the report.
Reasons for the Decisions:
To provide an updated forecast of the outturn position with regard to the collection of Council Tax and Business Rates.
To keep members informed of the progress of the Capital Programme against the profiled budget for 2019/20 and agreed allocations for future years.
To progress any changes that are required in order to maintain a relevant and accurate budget profile necessary for effective monitoring of the Capital Programme.
To approve any updates to funding resources so that they can be applied to capital schemes in the delivery of the Council’s overall capital strategy.
Alternative Options Considered and Rejected: