Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Corporate Revenue Forecast as at Month
1. To note the General Fund and Housing Revenue Account Month 5 forecast revenue outturn variances.
2. To agree the departmental action plans amounting to £1.855m, seeking to address the General Fund gross overspend forecast variance of £4.887m and require that they identify and deliver further actions to reduce the net forecast overspend, after mitigating, actions of £3.032m.
3. To note that Children’s Services will prepare an action plan to recover the £2.1m Dedicated Schools Grant (DSG) overspend within two years as required by the grant conditions and for progress to be reported monthly. Children’s Services are considering recent announcements on DSG funding.
4. To approve the proposed virements requests in appendix 11.
Report author: James Arthur
Publication date: 06/12/2017
Date of decision: 04/12/2017
Decided at meeting: 04/12/2017 - Cabinet
Effective from: 11/12/2017