Issue - meetings

To consider the report of the Cabinet Member for Performance and Resources seeking Members to note year-end forecasts and progress made against agreed savings targets for the 3^rd Quarter ended 31^st December 2019.

RESOLVED it be noted that:

(1)  the forecast year end position is currently for an increase to the Council’s General Fund balance of £55k against a budgeted decrease of £91k

(2)  the details of specific budgetary issues identified by officers and the actions being taken to address those issues

(3)  the current level of Capital expenditure as shown in Appendix 2 of the report.

Cabinet considered the report of the Cabinet Member for Performance and Resources that sought Members to note year-end forecasts and progress made against agreed savings targets for the 3rd Quarter ended 31st December 2019.

The Cabinet Member for Performance and Resources outlined the positions and pressures in each portfolio and placed them in context.  The Cabinet Member for Culture and Leisure informed Members that officers in his portfolio, especially at the Guildhall, were looking to make positive changes which he would be discussing with them soon.  The Cabinet Member for Planning and Housing Strategy acknowledged that there were pressures in his portfolio due to the emerging City Plan and fall in planning application fees.  He reassured Members that these matters were being addressed.  The Cabinet Member for Environment reminded Members that the overspend in his portfolio resulted from a miscalculation with Amey contract which would not recur.  He advised that recycling was increasing and that recent investment in a new metals bailer would make a positive difference to income in the next financial year.

RESOLVED it be noted that:

(1)  the forecast year end position is currently for an increase to the Council’s General Fund balance of £55k against a budgeted decrease of £91k

(2)  the details of specific budgetary issues identified by officers and the actions being taken to address those issues

(3)  the current level of Capital expenditure as shown in Appendix 2 of the report.