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.