Decisions for issue Targeted Budget Management (TBM) 2014/15 Month 5

1.            That the Committee note the forecast outturn position for the General Fund, which is an overspend of £5.219m. This consists of £5.019m on council controlled budgets and £0.200m on the council’s share of the NHS managed Section 75 services.

2.            That the Committee note that there is a further £1.890m of as yet unallocated risk provision that could be used to mitigate against this overspend.

3.            That the Committee note the forecast outturn for the Housing Revenue Account (HRA), which is an underspend of £0.247m.

4.            That the Committee note the forecast outturn position for the Dedicated Schools Grant which is an underspend of £0.548m.

5.            That the Committee note the forecast outturn position on the capital programme.

6.            That the Committee approve the capital programme variations and reprofiles in Appendix 3 and new capital schemes in Appendix 4 (excluding the Dorothy Stringer all weather pitch).

7.            That the Committee delegate authority to the Executive Director of Finance & Resources to approve the Dorothy Stringer all weather pitch capital scheme, subject to seeking further assurance on the detail of the business case.