Council meetings

Decision details

Financial Forecasts

Decision Maker: Mayor and Cabinet

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No


Having considered an officer report and a presentation by the jobshare

Cabinet Member for Finance, Skills and Jobs, Councillor Amanda De Ryk, the

Mayor and Cabinet agreed that:


(1) the current financial forecasts for the year ending 31 March 2019 and the

action being taken by the Executive Directors to manage down the forecasted

year-end overspend be noted;


(2) the remaining £1.7m of the 2018/19 unallocated risks and other budget

pressures be applied to Children’s Social Care services;


(3) £4.3m from reserves be applied immediately to Children’s Social Care

services in advance of a proposed commitment of £4.3m risks and pressures

of the available £6.5m in the 2019/20 budget;


(4) the use of provisions and reserves in 2018/19, as set out in section 10 be

approved and a further review of the annual use of provisions and reserves be

undertaken as part of preparing the 2019/20 budget; and


(5) the revised capital programme budget, as set out in section 13, with further

details attached at appendices 1 and 2, be noted.

Publication date: 11/10/2018

Date of decision: 10/10/2018

Decided at meeting: 10/10/2018 - Mayor and Cabinet

Accompanying Documents: