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 2018/19 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 current forecast outturn position for 2018/19 of the Council’s General Fund revenue budget as detailed in section 3 and Appendix A to the report;
(ii) Approve the carry forward requests into 2019/20 as detailed in section 4 and Appendix B to the report;
(iii) Approve a working capital facility of up to £0.2m for the B&D Reside group of companies on the terms set out in section 5 of the report;
(iv) Approve a virement in 2018/19 in respect of the Street Purchasing income and expenditure budgets and a virement from 2019/20 onwards in respect of the disaggregation of the placements budget for Children with Disabilities, as detailed in section 6 of the report; and
(v) Approve the reprofiled Capital Programme for 2018/19 of £284.758m, as detailed in Appendix D to the report.
Report author: Kathy Freeman
Publication date: 20/03/2019
Date of decision: 19/03/2019
Decided at meeting: 19/03/2019 - Cabinet
Effective from: 28/03/2019
Accompanying Documents: