A report from the Director of Finance, Resources and Customer Services is attached. This sets out the Council’s revenue budget monitoring position based on information to the end of December 2013. (Key decision – reference number 3762)
(8.35 – 8.40 pm)
Councillor Andrew Stafford (Cabinet Member for Finance and Property) introduced the report of the Director of Finance, Resources and Customer Services (No.180) setting out the Council’s revenue budget monitoring position based on information to the end of December 2013. The report forecast an outturn position of £0.388m overspend for 2013/14.
NOTED the continuing budget pressures faced by Schools and Children’s Services, as detailed in section 5.6 of the report, particularly in relation to the issues of no recourse to public funds; unaccompanied asylum seekers; and, former unaccompanied asylum seeking children now 18+. The issues had been discussed in full at the previous Cabinet meeting and Members took this opportunity to reiterate their concerns. Councillor Taylor had written to the previous Immigration Minister and was awaiting a response. In addition, the issue would be raised again with the Borough’s MPs. The requirement for sufficient Government funding to address these needs; and, for the families’ status to be dealt with as quickly as possible, were reiterated. Appropriate representations would continue to be made. Cabinet noted that without these pressures that should be funded by Central Government, then Schools and Children’s Services would be managing within budget.
Alternative Options Considered: Not applicable to this report.
DECISION: The Cabinet
1. Noted the £0.388m overspend revenue outturn projection.
2. Agreed to direct departments reporting pressures to formulate and implement action plans to ensure that they remain within budget in 2013/14.
Reason: To ensure that Cabinet were aware of the projected budgetary position for the Authority for the current year including all major budget pressures and underspends which had contributed to the present monthly position and that were likely to affect the Council’s finances over the period of the Medium Term Financial Plan.
(Key decision – reference number 3762)