Decision - Targeted Budget Management (TBM) 2021/22: Month 9 (December)

RESOLVED: 2.1 That the Committee note the forecast risk position for the General Fund, which indicates a potential forecast underspend of £1.093m. This is net of an underspend of £1.877m on the council's share of the NHS managed Section 75 services. 2.2 That the Committee agrees to re-allocate £0.600m Contain Outbreak Management Funds (COMF) to support qualifying expenditure on Homelessness costs driven by the pandemic (see paragraph 12.2). 2.3 That the Committee note the forecast for the Housing Revenue Account (HRA), which is currently an overspend of £1.705m. 2.4 That the Committee note the forecast risk position for the Dedicated Schools Grant which is an overspend of £0.346m. 2.5 That the Committee note the forecast outturn position on the capital programme which is a forecast underspend of £5.671m and approve the variations and slippage in Appendix 6 and new schemes and future years' variations as set out in Appendix 7.

The report presents Month 9 forecasts for the 2021/22 revenue budget across council service areas, directorates and the General Fund. The Total General Fund is forecast to underspend by £1.093 million, while several areas, including Transport, City Environmental Management and Housing Revenue Account services, show forecast overspends.