[To approve matters relating to the 2018-2019 revenue budget as at the end of the third quarter]

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  ...  view the full decision text for item 5

Councillor Louise Miles presented the monitoring report that 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. Approval was requested to allocations from the Highway Management Reserve and the Efficiency Reserve; the setting up of supplement expenditure budgets; internal virements; and the write off of debts where all feasible recovery action had been exhausted.

Councillor Louise Miles also asked the Panel to note the projected outturn for the General Fund for 2018-2019. She commended employees within the Finance Team for their work in reducing what was projected to be an overspend for the General Fund to a now forecast underspend of £95,000.

Resolved:

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  ...  view the full minutes text for item 5