Issue - meetings

To note issues relating to the council’s budget and to approve the general fund budget movements that are more than £250k.

RESOLVED:

1.  That the following be noted:

·  the general fund outturn forecast for 2018-19 of £0.042m (Table 1 in the report)

·  the continuing pressures on the Dedicated Schools Grant (DSG), £6.0m in 2018-19 (paragraphs 16 to 17 of the report);

·  cost pressures in Housing and Modernisation, largely relating to Temporary Accommodation (£3.3m) (paragraph 20 to 30 of the report);

·  the £4m contingency is utilised in full to mitigate the total impact of cost pressures (paragraph 36 of the report);

·  the general fund outturn forecast indicates a net reduction in reserves of £3.1m (Table 1 and Table 3 paragraphs 48 to 54 of the report);

·  the update on the London Business Rate pool net financial benefits (paragraphs 52 to 54 of the report);

·  the housing revenue account forecast set out in Table 2, paragraph 38 to 47 of the report ;

·  the treasury management activity to date in 2018-19 (paragraph 55 to 57 of the report).

2.  That the general fund budget movements that exceed £250k, as shown in Appendix A of the report be approved.

3.  That the general fund budget movements that are less than £250k as shown in Appendix A of the report be noted.

4.  That a report to the health and wellbeing board regarding possible punitive reductions in the council’s Better Care Fund (BCF), as a result of the local NHS missing their targets be produced.