Decision details

1)    That the Quarter 1 forecast revenue monitoring overspend be noted.

2)    That the forecast reduction in general fund reserves in-year at £25.2m and year end position at £64.9m be noted.

3)    That the favourable in-year financial performance on Collection Fund be noted.

4)    That the Quarter 1 forecast HRA surplus at £159k, and forecast reserves position at year end at £49.7m, be noted.

5)    That proposals to bring the forecast £5.8m overspend in line with budgets by year end be noted.

6)    That proposals to incorporate key intelligence from Quarter 1 monitoring into the forthcoming budget strategy update 2018-2022, as appropriate, be noted.

7)    That it be noted that further proposals for the use of new Adult Social Care monies will be submitted to Cabinet and Council as part of the budget strategy update report.