[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.]

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 met from reserves.

17. That it be noted that 734 council tax accounts totalling £257,806.65, as detailed in paragraph 7.4.1, of the report have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

18. That it be noted that 28 Non-Domestic Rates (NDR) debts totalling £30,580.50, as detailed in paragraph 7.4.2 of the report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

19. That it be noted that 52 sundry debt accounts totalling £77,628.26, as detailed in paragraph 7.3 of the report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

20. That it be noted that 16 housing benefit overpayments totalling £3,612.55, as detailed in paragraph 7.7 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

21. That it be noted that three debts relating to Business Improvement District (BID) totalling £494.51, as detailed in paragraph 7.4.3 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

22. That it be noted that a £15.3 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 £157,000 will be used to redeem debt in line with the HRA Business Plan.

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 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 met from reserves.

17. That it be noted that 734 council tax accounts totalling £257,806.65, as detailed in paragraph 7.4.1, of the report have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

18. That it be noted that 28 Non-Domestic Rates (NDR) debts totalling £30,580.50, as detailed in paragraph 7.4.2 of the report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

19. That it be noted that 52 sundry debt accounts totalling £77,628.26, as detailed in paragraph 7.3 of the report, have been approved by for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

20. That it be noted that 16 housing benefit overpayments totalling £3,612.55, as detailed in paragraph 7.7 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

21. That it be noted that three debts relating to Business Improvement District (BID) totalling £494.51, as detailed in paragraph 7.4.3 of the report, have been approved for write off by the Director of Finance in accordance with the Council’s Financial Procedure Rules.

22. That it be noted that a £15.3 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 £157,000 will be used to redeem debt in line with the HRA Business Plan.