Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To provide an update to Cabinet for Period
- The incorporation of the fourth
tranche of un-ringfenced COIVD
emergency funding from the government to the 2020/21 budget
(£11.1m),as outlined in Appendix A, Section 3.4.3.
- The incorporation of Round 2
extension of the Adult Social Care Infection Control Fund
(£3.7m) to the 2020/21 budget as outlined in Appendix A,
- The incorporation of the Surge
enforcement fund (£0.3m) to the 2020/21 budget as outlined in
Appendix A, Section 3.4.5.
- The incorporation of the MHCLG award
of £249,099 for the Supported Housing Oversight Pilot as
outlined in Appendix A Section 3.4.6 and Appendix A8.
- The re-profiling of the Capital
Programme as outlined in Appendix B.
- Risks associated with the forecast
outturn and the long-term financial impact on the Council as a
result of COVID-19 pandemic
- The £3.8m COVID 19 funding gap
is indicative and that the residual mitigations previously
identified will be held in abeyance for uncertainties arising under
the government’s new 3-teir system and implications of local
measures required in 2020/21 with any residual amount carried
forward to 2021/21 offsetting future year COVID financial
- The estimated Collection fund
deficit of £25.0m impacting in future years Appendix A,
- A risk of non COVID-19 related
overspend on General fund services, an overall forecast overspend
of £5.3m for 20/21 at Period 6, representing 1.3% of the
approved budget and that it is expected that the forecast overspend
will be managed through management actions / mitigations through
the rest of the financial year.
- Forecasts underspend of £3.5m
with regard to the Housing Revenue Account.
- A forecast in-year deficit of
£8.1m and a total £11m carried forward deficit in the
ring fenced Dedicated Schools Account (DSG).
- In line with the scheme of
delegation the emergency decision record with regards to the
distribution of Round 2 (phase 1 ) Infection Control fund (Appendix
- A forecast £92.3m underspend
against the approved Capital Programme, which requires budget
re-profiling at the end of P6.
Report author: Denise Murray
Publication date: 03/11/2020
Date of decision: 03/11/2020
Decided at meeting: 03/11/2020 - Cabinet
Effective from: 12/11/2020