Decision details

Revenue Budget Monitoring Quarter One 2020-2021

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To approve the Revenue Budget Monitoring Quarter One 2020-2021 report.

Decision:

1.      That the use of £732,000 from the Regeneration Reserveto fund various regeneration schemes as detailed at paragraph 5.4 of the report be approved.

 

2.      That the use of £200,000 from the Our Technology Reserve to fund continued development of Agresso system as detailed at paragraph 5.5 of the report be approved.

 

3.      That the use of £73,000 from the Adults Safeguarding Reserve to offset additional costs of running the Safeguarding Partnership Board as detailed in paragraph 5.6 of the report be approved.

 

4.      That the creation of a new reserve and the transfer of £190,000 in year underspend against local elections to cover future elections costs as detailed in paragraph 5.7 of the report be approved.

 

5.      That the establishment of supplementary expenditure budgets within the 2020-2021 approved budget as detailed in section 6.0 of the report for grant funded expenditure be approved.

 

6.      That 37 virements totalling £6.2 million, for transfers within directorates, as detailed in Appendix 4 to the report be approved.

 

7.      That the write-off of two Non-Domestic Rates (NDR) debts totalling £13,115.60 as detailed in Appendix 5 to the report be approved.

 

8.      That the write-off of one Council Tax debt totalling £5,203.61 as detailed in Appendix 6 to the report be approved.

 

9.      That the write-off of one Housing Benefit debt totalling £6,910.76 as detailed in Appendix 7 to the report be approved.

 

10. That it be noted that the overall projected outturn for the General Fund for 2020-2021 is forecast to a break-even outturn position, excluding the impact of Covid-19. 

 

11. That it be noted that at this stage in the financial year it is difficult to forecast redundancy costs.  However, as forecast in recent years it is anticipated that the cost of redundancies can be met from reserves.

 

12. That it be noted that a £10.4 million surplus on the Housing Revenue Account (HRA) is projected compared with a budgeted surplus of £10.8 million as shown at Table 20 and in detail at Appendix 3 to the report. The projected reduction to the surplus of £443,000 would reduce redemption of debt by £443,000.

 

13. That it be noted that 41 sundry debt accounts totalling £21,923.34, as detailed in paragraph 9.3 to 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 320 council tax accounts totalling £112,538.25, as detailed in paragraph 9.5 to 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 18 Non-Domestic Rates (NDR) debts totalling £63,983.68, as detailed in paragraph 9.6, 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 9 housing benefit overpayments totalling £5,240.48, as detailed in paragraph 9.9 of the report, have been approved for write-off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

 

 

Report author: Mohammed Hasan

Publication date: 30/07/2020

Date of decision: 29/07/2020

Decided at meeting: 29/07/2020 - Cabinet

Effective from: 06/08/2020

Current call-in Count: 0

Accompanying Documents: