67 2017/18 Revised Capital Programme (Minute EXB 113 refers) PDF 397 KB
Executive Board considered the attached report.
RECOMMENDED: That
Council approve the revised
Capital Programme as set out in paragraph 3.2 of the report.
Minutes:
The Council considered a report of the Operational Director, Finance,
which sought approval to a number of revisions to the Council’s 2017/18 Capital
Programme.
RESOLVED: That the revisions to the Council’s 2017/18 Capital
Programme, as set out in Appendix 3 attached to the report, be approved.
113 2017/18 Quarter 3 Spending PDF 694 KB
Minutes:
The Board considered a report of the Operational Director, Finance,
which reported on the 2017/18 Quarter 3 Spending as at 31 December 2017.
A summary of spending against revenue budget up to 31 December 2017 was attached
to the report at Appendix 1. This provided individual statements for each
department. The Board was advised that, in overall terms, revenue expenditure
was £1.990m above the budget profile. It was noted that the position for the
past three months in certain departments had slowed measurably, in other
departments, increased pressures had developed.
The report contained details of the main budget pressure within the
Children and Families Department, with Out-of-Borough Residential Placements
and Fostering dominating the overspend position. However, the 2018/19 budget to
be presented to Council on 7 March 2018, will include an additional £3.0m of
budget provision for the Department, to help alleviate the overspend position
and to bring about ongoing reductions in costs.
The report also provided details of other services which had experienced
overspent budget profiles, including Complex Care Pooled Budget; Residential
and Nursing Care; Domiciliary Services and Supported Living; Community and
Environment; and Education, Inclusion and Provision. Also, details of an
underspend in Corporate and Democracy; spending on employees; staff turnover
targets; expenditure on general supplies and services; and the Council Tax
collection rate for the third quarter of 2017/18.
The Capital Programme had been revised to reflect a number of changes in
spending profiles as schemes had developed, and these were detailed in the
report.
RESOLVED: That
1) all
spending continues to be limited to the absolutely essential;
2) Strategic
Directors continue to take appropriate action to contain overall spending
within their operational budget by year-end;
3) for
those Services experiencing net overspends, Strategic Directors take action to
bring net spend back in line with budget as soon as possible during the next
financial year; and
4) Council
be recommended to approve the revised Capital
Programme as set out in Appendix 3, attached to the report.