Agenda item

To receive the financial performance monitoring for the period ending 31 January 2020.

The Executive agreed the recommendations as outlined above namely:

1.         To note the report.  

2.         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.

3.         To agree that the Growth and Prosperity overspend is to be funded from Earmarked Reserves in 2019/20 and recovered in 2020/21 under the ‘Cash Limited Budgeting’ regime.

4.         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 Growth and Prosperity, Strategic Leisure Assets, Concessionary Fares and Parking Services.