Decision details

2018/19 Period 6 Forecast Outturn Report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes


To approve the 2018/19 Period 6 finance report and the recommendation for changes to the capital programme


That Cabinet:

1.             Noted the reduction in revenue expenditure of £648k from P05 forecast position to an overspend against budget of £308k, although there is still significant pressures in Adult Social Care and Education. (Appendix A, section 1).

2.       Approved the additional budget totalling £12.3m to be allocated to the ACE directorate, (as per schedule in Table 2), funded by virements for £5.1m released from other ongoing budgets and £7.2m of one off income.

3.             Noted the current forecast position with regard to the Housing Revenue Account and Public Health Accounts (Appendices A5 and A7).

4.             Noted the current forecast spend of £164m against the capital programme budget of £244m (Appendix A, section 5).

5.             Noted the forecast movement in reserves of £32m (Appendix A, Table 6)

6.       Approved the changes to the capital programme for 2018/19 as set out in Appendix A8


Report author: Denise Murray

Publication date: 04/12/2018

Date of decision: 04/12/2018

Decided at meeting: 04/12/2018 - Cabinet

Effective from: 12/12/2018

Accompanying Documents: