Decision details

The Cabinet will be asked to consider the projected position of the Council’s revenue and capital budgets for 2017/18 and, if necessary, consider proposals for in-year adjustments aimed at achieving a balanced budget position at the year end.

The Cabinet resolved to:

(i)   Note the forecast outturn position for 2017/18 of the Council’s General Fund revenue budget as detailed in section 2 and Appendix A of the report;

(ii)  Note the new financial risks and the suggested mechanisms for resolving them, as detailed in section 3 of the report;

(iii)  Approve the following year-end adjustments and carry forwards detailed in section 4 of the report:

a)  up to £120,000 of unallocated match-funding monies for supporting the local crowdfunding platform;

b)  up to £100,000 set-up costs in respect of the School Improvement Partnership.

(iv)  Note the overview of the HRA for 2017/18, as detailed in section 5 and Appendix B of the report; and

(v)  Note the forecast outturn of the Capital Programme as set out in section 6 and Appendix C of the report.