Decision details

The Executive will be asked to consider the regular budget monitoring reports any changed proposals to relevant action plans change in use of budgets additional budget expenditure and the Councils in year financial performance

Received a report from the Corporate Director of Resources providing an update on the Council’s revenue and capital position for the period April to July 2009/10 financial year.

The current forecast for revenue expenditure indicates that current budget pressures exist across all departments amounting to £3.4million (Adults and Community Services £1m, Children’s Services £0.9 million, Customer Services £0.7 million and Resources £0.8 million). The most significant areas of pressures relate to expenditure on transition arrangements within Adult Services Learning Disability, transport services for children with Special Educational Needs (SEN), Looked after Children Placements and in meeting the Council’s Leaving Care responsibilities, the Barking and Dagenham Direct division and various income generation.

Where pressures do exist, all departments will need to address these as part of their own, and the Council’s, ongoing budget monitoring process. The outcomes and progress of any action plans will be monitored and reported to both the Resources Monitoring Panels and Executive through the regular budget monitoring meetings and reports. 

Agreed, in order to assist the Council to achieve all of its Community Priorities and as a matter of good financial practice, to note the:

  (i)  Current position of the Council’s revenue and capital budget as at 31 July 2009;

  (ii)  Position for the Housing Revenue Account; and

  (iii)  That where potential pressures have been highlighted, Corporate Directors are required to identify and implement the necessary action plans to mitigate these budget pressures to ensure that the necessary balanced budget for the Council is achieved by year end.