Content

Cabinet is recommended to:

(1)        
noted the forecast revenue outturn
position;

(2)        
noted the forecast Housing Revenue Account (HRA)
outturn position;

(3)        
noted the forecast Dedicated Schools Grant (DSG)
outturn and cumulative deficit position;

(4)        
noted the forecast Capital Programme outturn
position;

(5)         
approved the adjusted capital programme budget of
£161.35 million for 2024/25 (an increase of £6.35
million) and £656.73 million for the 10-year programme (an
increase of £24.94 million); and

(6)        
approved the use of £3.644 million of the
Budget Strategy Reserve (BSR) to fund improvement and
transformation costs to deliver the scale of change required in the
organisation and to manage the Medium-Term Financial Plan. All
requests are supported by business cases and scrutinised by
SLT.

·        
SEND improvement – to manage caseload backlogs
and improved commissioning arrangements (£0.718
million).

·        
Business support – to conclude and implement
the final phases of the review (£0.654 million).

·        
Family first transformation for 2025/26 to enhance
practices and create resources for children on the edge of care
(£0.252 million).

·        
ASC transformation delivery (commissioning,
technology, brokerage, and financial assessment resources)
(£0.440 million).

·        
Oracle stablisation
(£0.354 million).

·        
Resources to deliver transformation (£0.900
million).

·        
Feasibility studies for asset transformation
programmes (£0.240 million).

·        
Development of the Place target operating model
(£0.050 million).

 
Options and Alternatives Considered
Much of this
report is concerned with provision of information, for which
alternative options is not a relevant consideration.