Issue - meetings

1. That the use of £410,000 from the Highway Management Reserve to fund various works and schemes be approved as detailed at paragraph 7.5 of this report.

2. That the use of £75,000 from the Transformation Reserve to fund a Project Manager post for 16 months over 2018-2019 to 2019-2020 be approved as detailed at paragraph 7.6 of this report.

3. That the use of £140,000 from the Future Works Reserve to support Agresso System upgrade be approved as detailed at paragraph 7.7 of this report.

4. That the use of £1.3 million from the Adult Social Care Reserve to support cost pressures across the service be approved as detailed at paragraph 7.8 of this report.

5. That the use of an additional £50,000 from the Budget Contingency Reserve to fund the academy conversion deficit be approved as detailed at paragraph 9.8 of this report.

6. That 12 virements totalling £1.6 million, for transfers within directorates, be approved as detailed in Appendix 7 to this report.

7. That the write off of three Non-Domestic Rates (NDR) debts totalling £27,606.41 be approved as detailed in Appendix 8 to this report.

8. That the write off of 5 sundry debts totalling £164,051.54 be approved as detailed in Appendix 9 to this report.

9. 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 £1.7 million.

10. 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 met from reserves.

11. That it be noted that 693 council tax accounts totalling £307,511.55, as detailed in paragraph 10.5 of this report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

12. That it be noted that119 Non-Domestic Rates (NDR) debts totalling £680,774.76, as detailed in paragraph 10.6 of this report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

13. That it be noted that 94 sundry debt accounts totalling £74,497.79, as detailed in paragraph 10.3 of this report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

14. That it be noted that 39 housing benefit overpayments totalling £7,778.36, as detailed in paragraph 10.10 of this 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 five debts relating to Business Improvement District (BID) totalling £513.70, as detailed in paragraph 10.7 of this 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 £15.5 million surplus on the Housing Revenue Account (HRA) is projected compared with a budgeted  ...  view the full decision text for item 7

Councillor Louise Miles presented the Revenue Budget Monitoring 2018 -2019 for approval. The report provided 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. The report was the second report of the financial year detailing the likely outturn projection for 2018-2019.

Resolved:

1. That the use of £410,000 from the Highway Management Reserve to fund various works and schemes be approved as detailed at paragraph 7.5 of this report.

2. That the use of £75,000 from the Transformation Reserve to fund a Project Manager post for 16 months over 2018-2019 to 2019-2020 be approved as detailed at paragraph 7.6 of this report.

3. That the use of £140,000 from the Future Works Reserve to support Agresso System upgrade be approved as detailed at paragraph 7.7 of this report.

4. That the use of £1.3 million from the Adult Social Care Reserve to support cost pressures across the service be approved as detailed at paragraph 7.8 of this report.

5. That the use of an additional £50,000 from the Budget Contingency Reserve to fund the academy conversion deficit be approved as detailed at paragraph 9.8 of this report.

6. That 12 virements totalling £1.6 million, for transfers within directorates, be approved as detailed in Appendix 7 to this report.

7. That the write off of three Non-Domestic Rates (NDR) debts totalling £27,606.41 be approved as detailed in Appendix 8 to this report.

8. That the write off of 5 sundry debts totalling £164,051.54 be approved as detailed in Appendix 9 to this report.

9. 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 £1.7 million.

10. 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 met from reserves.

11. That it be noted that 693 council tax accounts totalling £307,511.55, as detailed in paragraph 10.5 of this report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

12. That it be noted that119 Non-Domestic Rates (NDR) debts totalling £680,774.76, as detailed in paragraph 10.6 of this report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

13. That it be noted that 94 sundry debt accounts totalling £74,497.79, as detailed in paragraph 10.3 of this report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

14. That it be noted that 39 housing benefit overpayments totalling £7,778.36, as detailed in paragraph 10.10 of this 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 five  ...  view the full minutes text for item 7