Decisions for issue Targeted Budget Management (TBM) 2018/19: Month 5
navigation and tools
Find it
You are here - Home : Council and Democracy : Councillors and Committees : Issue
Issue - decisions
Targeted Budget Management (TBM) 2018/19: Month 5
11/10/2018 - Targeted Budget Management (TBM) 2018/19: Month 5
RESOLVED: That the Committee agreed:
(i) Noted the forecast risk position for the General Fund which
indicates a budget pressure of £3.078m. This includes an overspend of £1.148m on the council’s share of the NHS managed Section 75 services.
(ii) Noted that the one-off financial risk safety net of £1.500m is
available to mitigate the forecast risk if the risks cannot be completely eliminated by the year-end.
(iii) Noted the forecast for the Housing Revenue Account (HRA), which is currently an underspend of £0.480m.
(iv) Noted the forecast position for the Dedicated Schools Grant, which is an underspend of £0.150m.
(v) Agreed to create a Sports and Events Strategy Reserve as set out in paragraph 6.2.
(vi) Noted the forecast outturn position on the capital programme and approve the variations and slippage in Appendix 5 and the new schemes as set out in Appendix 6.