Decision details

The finance (revenue and capital) savings programme, performance and workforce are currently monitored through the Total Performance Monitor (TPM). This monitoring and reporting mechanism brings together all these elements of the County Council’s operation in a way of reporting an integrated view to all stakeholders. This report is intended for senior officers, Cabinet, Select committee members, all Members and the public.

The report also sets out how the funding for the recently approved Fire and Rescue and Children’s Improvement plan (SSC03 19/20 and CYP02 19/20) will be managed within year and through the subsequent budget process.

The forecast year end revenue outturn position, as at the end of June 2019, across portfolio and non-portfolio budgets, is currently projecting an £18.7m overspend; prior to the use of the £3.4m Contingency Budget. Full details are provided within the covering report and Appendix A – the June 2019 TPM.

The Leader and the Cabinet Member for Finance and Resources have:

(1) noted the overall performance position covering finance, savings and performance as set out in the report.

(2) noted that any remaining overspend for the 2019/20 year, following any mitigation actions, will have to be drawn from the Budget Management Reserve; which will inevitably reduce the County Council’s financial resilience in future years; and

(3) with regard to the in-year funding requirements identified for Children’s Services and Fire and Rescue Services, the Cabinet Member for Finance:

a) approved the transfer of £1.426m from the Contingency Budget to the Fire Inspection Improvements Reserve, to support the implementation of the Fire and Rescue Implementation Plan.

b) approved the transfer of £1.942m from the Contingency Budget to the Children’s First Improvement Reserve, to support the implementation of the Performance Improvement Plan for Children’s Services.

c) endorsed the inclusion of future years’ implications for both Children’s and Fire and Rescue Services within the Medium Term Financial Strategy.

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