Decision details

To consider the month end budget report and make any recommendations as appropriate

That the report be noted, including the following:

1.      That the forecast revenue budget for 2016/17 was a £1.3m underspend, as set out in the Annex, paragraph 1, of the submitted report.

2.      That forecast efficiencies and service reductions for 2016/17 were £83.5m, as set out in the Annex, paragraph 20, of the submitted report.

3.      That the Adult Social Care Service had reviewed the hourly charge for provision of extra care services operated in-house by the Council and updated it to reflect these services’ current operating costs and that the revised hourly charge would be £16.10, as set out in the Annex, paragraph 10, of the submitted report.

4.      That the transfer of £4.8m from the Investment Renewals Reserve to the Budget Equalisation Reserve, as set out in the Annex, paragraph 8, of the submitted report, be approved.

5.      That the following Highways and Transport capital virements be approved:

·      £0.66m from bridge strengthening to highways maintenance, as set out in the Annex, paragraph 28, of the submitted report.

·      £1.03m from Government grants to highways maintenance, as set out in the Annex, paragraph 29, of the submitted report.

·      £1.71m from highways maintenance to strategic economic plan schemes, as set out in the Annex, paragraph 30, of the submitted report.

Reasons for Decisions:

This report is presented to comply with the agreed policy of providing a monthly budget monitoring report to Cabinet for approval and action as necessary.

[The decisions on this item can be called in by the Council Overview Board]