Decision

Cabinet noted the following:

a) The forecast General Fund revenue budget position of an overspend of £3.9m (paragraph 5.1 of the submitted report);

b) The forecast Dedicated Schools Grant (DSG) position of an underspend of £0.3m compared to the budgeted deficit of £5.0m (paragraph 5.32 of the submitted report);

c) The forecast Housing Revenue Account (HRA) budget position of an overall net nil variance, but with a forecast drawing on HRA balances of £3.4m compared to a budgeted contribution of £2.0m (paragraph 5.26 of the submitted report);

d) The capital programme forecast position of an in-year variance on the General Fund capital programme of £22.9m and an in-year variance on the HRA capital programme of £33.8m (paragraph 5.35 of the submitted report);

e) The performance against key corporate financial indicators, including forward-looking prudential indicators (paragraph 5.64 of the submitted report);

f) Bad debts written off under delegated authority of £214k (paragraph 5.66).

Cabinet approved the following:

g) The allocation of £1,630k from the corporate inflation provision budget to

directorate budgets (virement of budgets) as set out in Appendix C of the submitted report;

h) The entering into of a new Environmental Enforcement contract as set out in the exempt Appendix E of the submitted report, and to delegate authority to the Assistant Chief Executive to agree the contract documents and enter into a Memorandum of Understanding with the London Boroughs of Ealing and Harrow;

i) The allocation and drawdown of £1.9m from the Savings & Implementation

strategic investment earmarked reserve to fund the 2023/24 Special Education Needs & Disabilities (SEND) Teams pressure (paragraph 5.9 of the submitted report);

j) The reprofiling of the Unallocated Contingency budget in the 2024 HRA Business Plan across 2023/24, 2024/25 and 2025/26 as set out in paragraph 5.44 of the submitted report;

k) The allocation of a total budget of £16.2m to the fund the projected additional costs of delivering four infill schemes in the Council House Building programme for the period 2023/24, 2024/25 and 2025/26 be funded from the Unallocated Contingency budget as set out in paragraphs 5.40 to 5.50 of the submitted report;

l) The allocation of a total budget of £2.0m to fund the completion of Condition

Survey works to the supported housing stock held in the Housing Revenue

Account to be funded from the approved budget in the Council House Building

Programme for the purchase of supported housing units as set out in paragraphs 5.51 to 5.55 of the submitted report, and the associated budget virement to reflect these works in the 2023/24 and 2024/25 HRA Estate Investment capital programme.