Decision details

To report on quarter one Revenue & Capital Monitoring and to consider any specific recommendations on the application of resources in-year, including movements to and from reserves, as required by financial procedure rules.

1)    That, in regards to General Fund, (i) the forecast revenue outturn position at Quarter 1 be noted (ii) the forecast year end position on corporate reserves and balances at Quarter 1 be noted and (iii) it be noted that the regular monitoring and review of corporate reserves in 2021/2022 will be reported to Cabinet as part of the quarterly financial monitoring cycle.

2)    That the forecast position on the Collection Fund as at Quarter 1 be noted.

3)    That the Quarter 1 forecast Housing Revenue Account position and forecast year-end reserves position be noted.

4)    That, in regards to Capital, (i) the Quarter 1 forecast capital monitoring position for 2021/2022 be noted (ii) approval be given to the re-profiling across years of the capital plan as set out in the report and at Appendix 6, and that it be recommended that Council give approval at its meeting of 8 September 2021 (iii) that approval be given to £2.4m additional self-funding for 2021/2022 within the Highways Capital Plan towards the extension of the existing Invest to Save Street Lighting Scheme (iv) that approval be given to the reprofiling of budgets within the Adults Day Care Support for Vulnerable Adults Programme line to manage the £600k increase required for Knowl Park House and Homestead and the reallocation of £629k from Adults Social Care One Off Projects line towards supporting Knowl Park Scheme within Day Services Support for Vulnerable Adults (v) that approval be given to the release of £65k funding from Regeneration and Greening if Smaller Towns and Villages capital programme for Batley Town Hall illuminations, as detailed within the report and (vi) that approval be given to the release of £40k funding from One Venue Development Programme to fund expenditure on the existing Oakwell Hall café, as detailed within the report.