Decision - Targeted Budget Management (TBM) 2019/20: Month 7

RESOLVED: That the Committee

1.    Noted the forecast risk position for the General Fund, which indicated a budget pressure of £3.974m. This included an overspend of £0.061m on the council’s share of the NHS managed Section 75 services.

2.    Noted that the one-off financial risk safety net of £0.855m is available to mitigate the forecast risk if the risks cannot be completely eliminated by year-end.

3.    Noted the forecast for the Housing Revenue Account (HRA), which is currently an underspend of £0.200m.

4.    Noted the forecast risk position for the Dedicated Schools Grant which is an underspend of £0.297m.

5.    Noted the forecast outturn position on the capital programme and approve the variations in Appendix 6 and the new schemes as set out in Appendix 7.

6.    Approved the creation of a cemeteries maintenance reserve as set out in paragraph 9.9.