Decision - Targeted Budget Management (TBM) Provisional Outturn 2017/18

7.1       RESOLVED:

(i)            That the Committee note that the provisional General Fund outturn position is an underspend of £1.392m (including release of the risk provision) and that this represents an improvement in resources of £0.008m compared to the projected and planned resource position at Month 9 taken into account when setting the

2018/19 budget.

(ii)          That the Committee note the provisional outturn includes an overspend of £0.219m on the council’s share of the NHS managed Section 75 services.

(iii)         That the Committee note the provisional outturn for the separate Housing Revenue Account (HRA), which is an underspend of £0.644m.

(iv)         That the Committee note the provisional outturn position for the ring-fenced Dedicated Schools Grant, which is an underspend of £0.201m.

(v)          That the Committee approve carry forward requests totalling £1.578m as detailed in Appendix 4 and included in the provisional outturn.

(vi)         That the Committee approve the Parking Virement detailed in paragraphs 6.2 and 6.3.

(vii)        That the Committee approve the creation of 3 earmarked reserves as set out in paragraph 6.44.

(viii)      That the Committee note the provisional outturn position on the capital programme which is an underspend variance of £4.429m.

(ix)         That the Committee approve the capital budget variations and slippage requested in Appendix 6 and new capital schemes detailed in Appendix 7.