To receive the financial performance
monitoring for the period ending 31 July 2019.
Decision:
The Executive agreed the
recommendations as outlined above namely:
To
note the report.
To
continue to lobby Government (HM Treasury, Ministry of Housing,
Communities and Local Government and the Department for Education
in particular) along with local authority peers, the Local
Government Association and the Association of Directors of
Children’s Services for significantly more funding to cope
with the soaring demand and new burdens presenting in
Children’s Services.
To
require the respective directors and Director of Resources to
continue to closely monitor and manage service financial and
operational performances, specifically Children’s Services
but also Strategic Leisure Assets, Parking Services and
Concessionary Fares, and to ensure the release of at least
£1m of budgets across all directorates as a consequence of a
1-year freeze on non-essential spend.
To
release £1m of Earmarked Revenue Reserves to compensate for
the deficit on Working Balances of £971,000.