- Meetings, agendas and minutes
- Democracy
Issue - meetings
Revenue Budget Monitoring Quarter One 2018-2019
Meeting: 24/07/2018 - Cabinet (Resources) Panel (Item 5)
5 Revenue Budget Monitoring Quarter One 2018-2019 PDF 146 KB
[To provide Cabinet (Resources) Panel with a projection of the likely revenue outturn position for the General Fund and Housing Revenue Accounts, compared with the Council’s approved revenue budgets for 2018-2019.]
Additional documents:
- Appendix 1 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 63 KB
- Appendix 2 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 57 KB
- Appendix 3 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 65 KB
- Appendix 4 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 45 KB
- Appendix 5 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 42 KB
- Appendix 6 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 48 KB
- Appendix 7 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 44 KB
- Appendix 8 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 36 KB
- Appendix 9 for Revenue Budget Monitoring Quarter One 2018-2019, item 5 PDF 38 KB
Decision:
1. That the use
of £841,000 from the Regeneration Reserve to fund various
development works and schemes as detailed at paragraph 4.2.2
of the report be
approved.
2. That the use
of £39,000 from the Schools Arts Service Reserve to support
additional projects in schools and other educational establishments
as detailed at paragraph 4.2.3 of the report be approved.
3. That the use
of £5,000 from the Art Gallery Touring Exhibitions Reserve to
support the costs of Touring Exhibitions as detailed at paragraph
4.2.4 be approved.
4. That the use of £125,000 from the Future Works Reserves to support Agresso System Development as detailed at paragraph 4.2.5 of the report be approved.
5. That the use
of £10,900 from the Local Strategic Partnership Reserve and
£9,100 from the Efficiency reserve to support the costs of a
Community Fund for the Crowdfund Wolves as detailed in paragraph
4.2.6 of the report be approved.
6. That the
delegation of decisions about individual allocations to Crowdfund
Wolves projects to the Cabinet Member for City Economy in
consultation with the Director of Regeneration be
approved.
7. That the write
off of two Council Tax debts totalling £12,827.91 as detailed
in Appendix 8 to the report be approved.
8. That the
write off of four sundry debts totalling £42,656.54 as
detailed in Appendix 9 to the report be approved.
9. That the ten
virements totalling £4.9 million, for transfers within
directorates, as detailed in Appendix 7 to the report be
approved.
10. That the introduction of an annual charge of
£35 for Garden Waste services and a concessionary charge of
£17.50 for eligible residents in receipt of maximum Council
Tax reduction as detailed in paragraph 9.1 of the report be
approved.
11. That the authority be jointly delegated to the Cabinet Member for City Environment and the Cabinet Member for Resources, in consultation with the Strategic Director of Place and the Director of Finance to set and implement charges for commercial trade waste services as detailed in paragraph 9.2 of the report be approved.
12. That the introduction of WV Active Change
(Weight management programme) chargeable to Members at £30
and Non-Members at £40 as detailed in paragraph 9.4 of the
report be approved.
13. That the introduction of free access and discounted membership, to WV Active, for Looked after Children and Care Leavers up to the age of 25 in a number of areas as detailed in paragraph 9.5 of the report be approved.
14. That the use of £500,000 from the Budget Contingency Reserve to fund the academy conversion deficit as detailed at paragraph 6.4.1 of the report be approved.
15. That it be noted that the overall projected outturn for the General Fund for 2018-2019 is forecast to be an overspend in the region of £2.7 million.
16. That it be noted that at this stage in the financial year it is difficult to forecast redundancy costs. However, based on recent years it is anticipated that the cost of redundancies can be ... view the full decision text for item 5
Minutes:
Councillor Louise Miles presented the report Monitoring Quarter
One 2018-2019, that provided the Panel with a projection of the
likely revenue outturn position for the General Fund and Housing
Revenue Accounts, compared with the Council’s approved
revenue budgets for 2018-2019.
Resolved:
1. That the use
of £841,000 from the Regeneration Reserve to fund various
development works and schemes as
detailed at paragraph 4.2.2 of the report be approved.
2. That the use
of £39,000 from the Schools Arts Service Reserve to support
additional projects in schools and other educational establishments
as detailed at paragraph 4.2.3 of the report be approved.
3. That the use
of £5,000 from the Art Gallery Touring Exhibitions Reserve to
support the costs of Touring Exhibitions as detailed at paragraph
4.2.4 be approved.
4. That the use of £125,000 from the Future Works Reserves to support Agresso System Development as detailed at paragraph 4.2.5 of the report be approved.
5. That the use
of £10,900 from the Local Strategic Partnership Reserve and
£9,100 from the Efficiency reserve to support the costs of a
Community Fund for the Crowdfund Wolves as detailed in paragraph
4.2.6 of the report be approved.
6. That the
delegation of decisions about individual allocations to Crowdfund
Wolves projects to the Cabinet Member for City Economy in
consultation with the Director of Regeneration be
approved.
7. That the write
off of two Council Tax debts totalling
£12,827.91 as detailed in Appendix 8 to the report be
approved.
8. That the
write off of four sundry debts totalling
£42,656.54 as detailed in Appendix 9 to the report be
approved.
9. That the ten
virements totalling £4.9 million, for transfers within
directorates, as detailed in Appendix 7 to the report be
approved.
10. That the introduction of an annual charge of
£35 for Garden Waste services and a concessionary charge of
£17.50 for eligible residents in receipt of maximum Council
Tax reduction as detailed in paragraph 9.1 of the report be
approved.
11. That the authority be jointly delegated to the Cabinet Member for City Environment and the Cabinet Member for Resources, in consultation with the Strategic Director of Place and the Director of Finance to set and implement charges for commercial trade waste services as detailed in paragraph 9.2 of the report be approved.
12. That the introduction of WV Active Change
(Weight management programme) chargeable to Members at £30
and Non-Members at £40 as detailed in paragraph 9.4 of the
report be approved.
13. That the introduction of free access and discounted membership, to WV Active, for Looked after Children and Care Leavers up to the age of 25 in a number of areas as detailed in paragraph 9.5 of the report be approved.
14. That the use of £500,000 from the Budget Contingency Reserve to fund the academy conversion deficit as detailed at paragraph 6.4.1 of the report be approved.
15. That it be noted that the overall projected outturn for the General Fund for 2018-2019 is forecast to be an overspend ... view the full minutes text for item 5