Issue - meetings

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.

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 for the reasons set out in the report, by a unanimous vote

of 9-0:

RESOLVED 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.