Issue - meetings

Purpose of report

To inform the Cabinet Member of the projected revenue expenditure within the portfolio cash limit for the current financial year 2016-17.  This report sets out the budget position and contributing factors to the proposed overspend within the portfolio as at the end of September 2016.

RECOMMENDED that the Cabinet Member:

(1)  Notes the Children's Social Care Portfolio forecast budget position, at the end of September 2016, of £0.7m in excess of current approved cash limit provision.

(2)  Supports the ongoing process of budget review and implementation of proposals to reduce the projected overspend position and deliver a balanced budget with the area of Children's Social Care.

(TAKE IN REPORT)

Graham Smith, Group Accountant introduced the report. 

DECISIONS the Cabinet Member:

(1)  Noted the Children's Social Care Portfolio forecast budget position, at the end of September 2016, of £0.7m in excess of current approved cash limit provision.

(2)  Supported the ongoing process of budget review and implementation of proposals to reduce the projected overspend position and deliver a balanced budget within the area of Children's Social Care.