Agenda and minutes

Apologies had been received from Mr Carter, Mr Hill and Mr Simmonds. 

Mr Oakford (Vice-Chairman) was in the Chair for this meeting.

Mr Watts (General Counsel) explained that Mr Simmonds was stepping down from his role as Cabinet Member for Finance and that Mrs Crabtree was in attendance until his successor was announced.

RESOLVED that the minutes of the meetings held on 26 March and 25 June 2018 are correctly recorded and that they be signed by the Chairman. 

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1.    Mrs Crabtree (Deputy Cabinet Member for Finance) introduced this report which set out the budget monitoring position 31 May 2018-19 for both revenue and capital budgets. 

2.    The forecast revenue pressure was £10.730m, after Corporate Director adjustments.  This year there had been a request of £0.750m from Adult Health and Social Care which would increase the forecast pressure to £11.480m with Corporate Director Adjustments.  This was a concern and needed to be managed alongside a forecast gap of £15m, for 2019-20.  This was not an unusual situation to be in, however it was becoming increasingly difficult to identify savings alongside increasing demands and decreasing government grants. 

3.    The Council continued to lobby the government to reimburse the shortfall in funding for the Asylum Service which had an estimated shortfall in grant income of £2.9m. 

RESOLVED that Cabinet:

i)             Note the forecast revenue budget monitoring position for 2018-19 and capital budget monitoring position for 2018-19 to 2020-21, and that the forecast pressure on the revenue budget needs to be eliminated as we progress through the year.

ii)            Agree the revenue budget realignment set out in Appendix 4.

iii)           Agree the capital budget realignment set out in section 5.

RESOLVED:  That under Section 100A of the Local Government Act 1972 the press and public be excluded from the meeting for the following business on the grounds that it involves the likely disclosure of exempt information as defined in paragraph 3 of part 1 of Schedule 12A of the Act.

(Open Minute of Exempt Item)

1.    Mr Gough and Mr Dunkley updated Members on The Education People company.

RESOLVED that Cabinet note the update provided.