Issue - meetings

Councillor Max Schmid stated that this report demonstrated that the Council was in a good position and had a projected underspend. He paid tribute to officers for this remarkable achievement, specially taking into account all the expenses generated by the Covid-19 pandemic.

Councillor Ben Coleman reiterated Councillor Schmid’s comments and added that meals on wheels and free adult social care had continued to be delivered to residents throughout the pandemic.

The Leader asked Kim Smith, the Chief Executive, to pass his gratitude to senior officers for continuing to deliver more efficient services, despite the many financial challenges, and within the Council’s budget. Kim Smith stated that balancing the budget while delivering better services to residents was at the heart of the Council’s priority.

AGREED UNANIMOUSLY BY CABINET:

1.            To approve the General Fund virements of £0.405m as detailed in appendix 9.

2.            To note the General Fund forecast overspend of £0.525m, of which £0.741m arises from the net impact of Covid-19. Excluding the impact of Covid-19 there is an underlying underspend of £0.216m.

3.            To note the Housing Revenue Account forecast underspend of £0.867m.

4.            To note the in-year Dedicated Schools Grant overspend of £3.076m.