To note the report setting out the projected outturn for the Council’s Revenue Budget for 2016/17 as at the end of Quarter 2.

The Council noted the forecast position for Revenue Budget for 2016/17 based on quarter two information, as set out in the submitted report.  Members also noted the observations of the Overview and Scrutiny Board which were circulated prior to the meeting.

Arising from the consideration of the Revenue Budget monitoring report by the Priorities and Resources Review Panel, to make any recommendations to the Mayor and/or Council.

During its review of the Council’s Priorities and Resources, members of the Board had considered the Budget Monitoring Report for Quarter 2 of the 2016/2017 financial year.  The report showed a projected overspend of £2.1 million primarily as a result of expenditure pressures in Children’s and Adults Services. 

Resolved:  (i)  that the Board is disappointed that, despite receiving assurances from the previous Director of Children’s Services and the Executive Lead that the proposed budget for 2016/2017 was adequate, the budget for Children’s Services is still predicted to be significantly overspent; and

(ii)        that the Board is also disappointed that the Children’s Services Financial Strategy has not yet been made available and seeks assurance that it will be available to be discussed at a meeting of the Board to be held before the Revenue Budget for 2017/2018 is agreed.

To review the Quarter 2 Revenue Budget Monitoring Report to:

·         inform the Panel’s consideration of the proposals for the 2017/2018 revenue budget; and

·         make any recommendations (via the Overview and Scrutiny Board) to the Mayor and/or Council

Invitees:  The Mayor and Councillor Parrott, Steve Parrock, Martin Phillips, Andy Dempsey and Caroline Taylor