Decision Maker: Cabinet
Decision status: Approved
Is Key decision?: Yes
Is subject to call in?: Yes
The Cabinet will be asked to consider the projected position of the Council’s revenue and capital budgets for 2015/16 and, if necessary, consider proposals for in-year adjustments aimed at achieving a balanced budget position at the year end.
Cabinet resolved to:
(i) Note the projected outturn position for 2015/16 of the Council’s General Fund revenue budget at 31 October 2015, as detailed in paragraphs 2.1, 2.4 to 2.10 and Appendix A of the report;
(ii) Note the progress against the agreed 2015/16 savings at 31 October 2015, as detailed in paragraph 2.11 and Appendix B of the report;
(iii) Note the overall position for the HRA at 31 October 2015, as detailed in paragraph 2.12 and Appendix C of the report;
(iv) Note the projected outturn position for 2015/16 of the Council’s capital budget as at 31 October 2015, as detailed in paragraph 2.13 and Appendix D of the report;
(v) Agree that all Chief Officers be instructed to implement any agreed 2016/17 savings during the current financial year to assist in reducing the Council’s overspend, as detailed in paragraph 2.2.3 of the report; and
(vi) Agree to the use of £0.6m of Council reserves to fund the development of business cases for the Ambition 2020 programme, as detailed in paragraph 2.9.7 of the report.
Report author: Jonathan Bunt
Publication date: 16/12/2015
Date of decision: 15/12/2015
Decided at meeting: 15/12/2015 - Cabinet
Effective from: 24/12/2015
Accompanying Documents: