Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
To provide update to Cabinet for period 5.
- Delegation to the Director - Economy
of Place to submit a £1.1m bid to the Museum Estate and
Development Fund as noted in Section 6 of Appendix A, subject to a
report being brought to Cabinet for approval to accept and spend
any funding awarded.
- Acceptance and inclusion in the
21/22 budget of £0.289m for August and September allocations
of the Local Authority Practical Support for Self-Isolation grant
as set out in Appendix A section 6.2
- Re-profiling of up to £76m
slippage across the Capital Programme into future years as outlined
in Appendix B2.
- To approve drawn down of
£30,000 from the Capital Investment reserve for a feasibility
study by City Funds to explore a sustainable place making
investment model for Bristol.
- Risks associated with the forecast
outturn and the long-term financial impact on the Council as a
result of COVID-19 pandemic.
- The significant risks within service
areas of non-COVID-19 related overspend on General fund services,
an overall forecast breakeven position for 21/22 at P05 and that it
is expected that the risk of overspend will be managed through
management actions /mitigations through the rest of the financial
- Forecasts underspend of £0.6m
within the Housing Revenue Account.
- A forecast in-year deficit of
£13.96m and a total £23.96m carried forward deficit in
the ring-fenced Dedicated Schools Account (DSG).
- A breakeven position on Public
- A forecast £76.1m underspend
against the approved Capital Programme.
Report author: Simon Cowley
Publication date: 05/10/2021
Date of decision: 05/10/2021
Decided at meeting: 05/10/2021 - Cabinet
Effective from: 15/10/2021