To consider the report of the Cabinet Member for Resources detailing the revenue and capital monitoring position for the period to the end of December 2019.
Decision Maker: Cabinet
Made at meeting: 25/02/2020 - Cabinet
Decision published: 25/02/2020
Effective from: 05/03/2020
Decision:
General Revenue Fund
It is recommended that Cabinet:
i) Note the forecast outturn position is a balanced position overall, as outlined in paragraph 4 and in paragraph 1 of appendix 1.
ii) Note the performance of treasury management, and financial outlook in paragraphs 6 to 9 of appendix 1.
iii) Note the Key Financial Risk Register as detailed in paragraph 12 of appendix 1.
iv) Note the performance against the financial health indicators detailed in paragraphs 15 and 16 of appendix 1.
v) Note the performance outlined in the Collection Fund Statement detailed in paragraphs 19 to 20 of appendix 1.
Housing Revenue Account
It is recommended that Cabinet:
vi) Note the forecast outturn position is an underspend of £1.89M as outlined in paragraph 5 and paragraphs 17 and 18 of appendix 1.
Capital Programme
It is recommended that Cabinet:
vii) Notes the revised General Fund Capital Programme, which totals £394.51M as detailed in paragraph 2, tables 2 and 6, and the associated use of resources in table 7 of Appendix 2.
viii) Notes the revised HRA Capital Programme, which totals £178.26M as detailed in paragraph 2, tables 2 and 6 and the associated use of resources in table 7 of Appendix 2.
ix) Notes that the overall forecast position for 2019/20 at quarter 3 is £134.96M, resulting in a potential underspend of £0.48M, as detailed in table 4 of Appendix 2.
x) Notes that the capital programme remains fully funded up to 2023/24 based on the latest forecast of available resources although the forecast can be subject to change; most notably with regard to the value and timing of anticipated capital receipts and the use of prudent assumptions of future government grants to be received.
xi) Approves slippage and rephasing as detailed in paragraph 6 & 7 of Appendix 2. Noting that the movement has zero net movement over the 5 year programme.
xii) Notes forecast slippage of £180.00M within the Resources portfolio to be approved as part of outturn in July 2020, reflecting the anticipated phasing of the continuation of the property investment fund which the council agreed in November 2019 and included in the capital programme for 2019/20, with £200M added to the capital programme for this purpose.
Lead officer: Steve Harrison (Finance)
To consider the report of the Associate Director - Provider Relationships considering the future relationships with the residential and nursing home sector.
Decision Maker: Joint Commissioning Board
Made at meeting: 20/02/2020 - Joint Commissioning Board
Decision published: 20/02/2020
Effective from: 29/02/2020
Decision:
Following consultation with the Joint Commissioning Board authority is sought to implement the proposals in this paper including:
(i) The increase in the current published rate levels of care homes costs from April 2020 based on the likely impacts of the National Minimum Wage increases and the current inflation rate. The recommended increases are Residential care – 5% increase; Nursing homes – 6% increase;
(ii) The strategy for responding to uplift requests from homes providing care at costs above the published rate levels; and
(iii) The further reviews of the published rates to stratify these based on complexity of care.
Wards affected: (All Wards);
Lead officer: Matthew Waters