Decision details

Revenue Budget Monitoring 2018-2019

Decision Maker: Cabinet (Resources) Panel

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the revenue budget monitoring report for quarter three for 2018-2019.

Decision:

1.     That the use of £190,000 from the Highway Management Reserve to fund various works and schemes as detailed at paragraph 8.5 of the report be approved.

 

2.     That the use of £287,000 from the Efficiency Reserve to fund the Delivering Independent Travel programme support resource which would enable the successful delivery of the project and enhanced budget reductions as detailed at paragraph 8.6 of the report be approved.

 

3.     That the setting up of supplement expenditure budgets as a result of receipt of grant totalling £210,000 over the period of 2018-2019 to 2019-2020 to support preparations for Brexit be approved and authority be delegated to the Director of Public Health to allocate expenditure including contributions to the West Midlands Combined Authority to support regional work.

 

4.     That the setting up of supplementary expenditure budgets as a result of receipt of Adult Social Care – Winter Pressures grant totalling £1.4 million for 2018-2019 be approved and authority be delegated to the Director of Adult Services to allocate the grant.

 

5.     That the setting up of supplementary expenditure budgets as a result of receipt of NHS Digital Innovation Grant totalling £32,000 for 2018-2019 be approved and authority be delegated to the Director of Adults Services to allocate the grant.

 

6.     That 17 virements totalling £4.3 million, for transfers within directorates, as detailed in Appendix 7 to the report be approved.

 

7.     That the write off of one Non-Domestic Rates (NDR) debts totalling £5,516.73 as detailed in Appendix 8 to the report be approved.

 

8.     That the write off of four sundry debts totalling £34,709.40 as detailed in Appendix 9 to the report be approved.

 

9.     That it be noted that the overall projected outturn for the General Fund for 2018-2019 is forecast to be an underspend in the region of £95,000. 

 

10.  That it be noted that it is important to note that redundancy costs, including the cost of pension strain, are forecast to be in the region of £3 to £4 million for 2018-2019. It is anticipated that the use of reserves, would offset the cost of redundancies.

 

11.  That it be noted that 461 council tax accounts totalling £211,564.47, as detailed in paragraph 11.5 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

 

12.  That it be noted that 22 Non-Domestic Rates (NDR) debts totalling £73,121.55, as detailed in paragraph 11.6 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

 

13.  That it be noted that 55 sundry debt accounts totalling £109,548.66, as detailed in paragraph 11.3 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

 

14.  That it be noted that housing benefit overpayments totalling £10,082.01, as detailed in paragraph 11.10 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

 

15.  That it be noted that 23 debts relating to Business Improvement District (BID) totalling £10,814.26, as detailed in paragraph 11.7 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

 

16.  That it be noted that a £17.0 million surplus on the Housing Revenue Account (HRA) is projected compared with a budgeted surplus of £15.2 million as shown at Table 9 and in detail at Appendix 6 to the report. The projected increased surplus of £1.8 million would be used to redeem debt in line with the HRA Business Plan.

Report author: Karen Eaton

Publication date: 05/03/2019

Date of decision: 05/03/2019

Decided at meeting: 05/03/2019 - Cabinet (Resources) Panel

Effective from: 12/03/2019

Accompanying Documents: