Issue - meetings

REPORT OF THE SERVICE DIRECTOR - RESOURCES

To consider the Third Quarter Revenue Monitoring report for 2018/19.

RESOLVED: That the Service Director - Resources be requested to ensure that where there is a vacancy control target, HR implications are stated.

RECOMMENDED TO CABINET:

(1)       That Cabinet note the substantive and addendum reports;

(2)       That Cabinet approves the changes to the 2018/19 General Fund budget, as identified in table 3 and paragraph 8.2, a £211k decrease in net expenditure;

(3)       That Cabinet approves the changes to the 2019/20 General Fund budget, as identified in table 3 of the substantive report and paragraph 8.3 of the addendum report, a £25k increase in net expenditure.

REASON FOR DECISION:Members are able to monitor, make adjustments within the overall budgetary framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.

Audio Recording – Start of Item – 1 hour 19 minutes 14 seconds

The Accountancy Manager presented the substantive and addendum reports entitled Third Quarter Revenue Monitoring 2018/19 and dew attention to the following:

·                 The forecast was for a £211k decrease in the revenue budget, with an ongoing impact of a £25k increase in expenditure and which includes the request to carry forward £87k of budget from 2018/19 to 2019/20;

·                 Table 3 itemised the more significant variances to the forecast;

·                 Paragraph 1.3 (should be 8.4), page 116 gave details of carry forward budgets;

·                Paragraph 1.4, page 117 (should be 8.5) detailed the 4 key corporate ‘financial health’ indicators;

·                Table 5 (page 118) detailed the General Fund impact;

·                Table 6 (page 119) gave details of the Known financial risks.

The following Members took part in the debate or asked questions:

·                Councillor Terry Hone;

·                Councillor Helen Oliver;

·                Councillor Simon Harwood;

·                Councillor Kate Aspinwall.

In response to questions the Service Director – Resources advised that:

• A consultant had given a quote regarding their fee for a Planning Appeal in relation to the proposed Crematorium, which confirmed that the Council has a good basis for an appeal;

·                The vacancy control reflected the natural time taken to fill vacancy rather than a budget saving mechanism. It was for managers to decide how to cover their service.

Members were concerned that vacancy control should be reflected in the HR implications of the report.

RESOLVED: That the Service Director - Resources be requested to ensure that where there is a vacancy control target, HR implications are stated.

RECOMMENDED TO CABINET:

(1)       That Cabinet note the substantive and addendum reports;

(2)       That Cabinet approves the changes to the 2018/19 General Fund budget, as identified in table 3 and paragraph 8.2, a £211k decrease in net expenditure;

(3)       That Cabinet approves the changes to the 2019/20 General Fund budget, as identified in table 3 of the substantive report and paragraph 8.3 of the addendum report, a £25k increase in net expenditure.

REASON FOR DECISION:Members are able to monitor, make adjustments within the overall budgetary framework and request appropriate action of Services who do not meet the budget targets set as part of the Corporate Business Planning process.