Decision details

1. Cabinet noted at P7, the overall forecast outturn position for general funded services is an underspend of (£0.4m), with Directorates now forecasting to be within budget when Communities budgets are transferred to other Directorates following the restructure. (Appendix A, para 1).

2. Cabinet endorsed the utilisation of up to £250k of the forecast underspend to support urgent Brexit preparation work (Appendix A, para.1.3).

3. Cabinet approved the re-allocation of the 2018/19 budgeted fees and charges savings as agreed by Full Council to services as set out in Appendix A, Table 2.

4. Cabinet noted the re-allocation of £0.5m corporate recharging budget to permanently address the identified need to enable the delivery of core services. (Appendix A, Table 3)

5. Cabinet noted the current forecast position with regard to the Housing Revenue Account, Dedicated Schools Grant and Public Health Accounts. (Appendices A5, A6 and A7).

6. Cabinet noted the current forecast spend of £160.3m against the capital programme budget of £162.6m. (Appendix A, section 5 and Directorate Appendices A2 to A5).

7. Cabinet noted the forecast movement in reserves of £21.6m (Appendix A, Table 8).

8. Cabinet approved the transfer £5.021m of ear-marked reserves no longer required for the purpose intended to general reserves for reallocation as part of the 2019/20 budget process (Appendix A, Table 7).