Decision Maker: Executive

Outcome: For Determination

Is Key Decision?: Yes

Is Callable In?: No

Date of Decision: November 4, 2024

Purpose:

Content: Following consideration of the officer report, appendices and discussion, the Executive resolved to:   a)    Note the Service Directorate Revenue forecast overspend of £5.324m for the year, showin in Table 1. b)    Agree that mitigating actions are to be identified and implemented to pull back the forecast overspend in Service Directorates on an ongoing basis by outturn. c)    Note the total Council Revenue forecast underspend of £0.736m for the year, due to contingency being released into the forecast outturn, shown in Table 1. d)    Note the progress and delivery of the approved savings programme as set out in Table 2. e)    Note the in-year overspend on the Dedicated Schools Grant of £7.509m, an increase of £2.100m from Month 4. Further details in Appendix B. f)     Note the total forecast Dedicated Schools Grant year-end deficit of £61.780m. Further details in Appendix B. g)    Agree that the council continues with the aim of avoiding a Section 114 notice by taking all of the necessary actions and continuing to operate as if one had been issued.