Decision - Targeted Budget Management (TBM) 2024/25: Month 2 (May) Targeted Budget Management (TBM) 2024/25 Month 2 (May) and Council Productivity Plan Response

Brighton and Hove Cabinet Decided 18 Jul 2024 · effective 27 Jul 2024 approved Key decision GET /api/coverage

Decision maker

Cabinet

Report author

Jeff Coates

Published

19 Jul 2024

Reference

7258

As published

the council's own words, unedited

This report presents the 2024-25 in-year financial performance to Month 2 (May) for noting by Cabinet and seeks approval for any capital variations, reprofiling, exception measures or new reserves. The report also seeks approval of the approach for setting the annual revenue and capital budget for 2025-26 and agreement of the council's Productivity Plan.

1) Cabinet notes the forecast risk position for the General Fund, which indicates a potential forecast overspend risk of £10.137m. 2) Cabinet notes the forecast outturn includes a forecast overspend risk of £1.600m on the NHS managed Section 75 services. 3) Cabinet notes the forecast overspend risk for the separate Housing Revenue Account (HRA), which is an underspend of £0.020m. 4) Cabinet notes the forecast overspend risk for the ring-fenced Dedicated Schools Grant, which is an overspend of £0.456m. 5) Cabinet notes the forecast position on the Capital Programme which is an underspend variance of £0.339m. 6) Cabinet approves the capital budget variations and re-profiling requests set out in Appendix 5. 7) Cabinet approves the new capital schemes requested in Appendix 6. 8) Cabinet notes the Treasury Management Update as set out in Appendix 7. 9) Cabinet notes the council's Productivity Plan response at Appendix 8.

Parsed from the document

gpt-5.6-luna-2026-07-09 · 10276/1537 tokens · 13496ms · parsed 9 Sep 2026 15:29

Everything below was read out of a PDF by a model It is useful and it is not authoritative. The document it came from is linked in the rail, and where the two disagree the document is right.

Cabinet reviewed the council’s early 2024/25 financial position, which showed a potential £10.137 million General Fund overspend, including £1.600 million on NHS-managed Section 75 services. Cabinet also considered and endorsed the council’s Productivity Plan response and approved requested changes and new schemes in the capital programme.

Outcome

approved

Recommendation

Cabinet was recommended to note the forecast positions for the General Fund, NHS-managed Section 75 services, Housing Revenue Account, Dedicated Schools Grant, capital programme, Treasury Management Update and Productivity Plan response, and to approve the capital budget variations, reprofiling requests and new capital schemes set out in Appendices 5 and 6.

Financial impact

Potential £10.137m overspend risk on the 2024/25 General Fund, including £1.600m on NHS-managed Section 75 services; £0.020m HRA underspend, £0.456m Dedicated Schools Grant overspend and £0.339m capital programme underspend. Capital budget changes included £1.285m for new schemes, £4.859m in variations and £20.881m reprofiling to later years.

Ward affected

city-wide

Decision maker

Cabinet

Date in document

18 Jul 2024

Stakeholders named

parsed

Brighton & Hove City Councilcouncillorsresidentschildren and familiesadults receiving social carehouseholds in temporary accommodationschoolscouncil tenantsNHS-managed Section 75 servicesSussex Partnership NHS Foundation Trustprivate landlords

Next steps

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Continue monthly monitoring of the council’s financial position and savings delivery.
Develop and implement financial recovery measures to mitigate forecast overspends and savings risks.
Maintain vacancy management and spending controls, with the option to tighten them if the position does not improve.
Implement the approved capital budget variations, reprofiling and new capital schemes.
Submit the council’s Productivity Plan response to the government by 19 July 2024.

Precedents

not built

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