Issue - meetings

Report of the Cabinet Member for Resources, Leisure and Culture seeking to set out the latest estimated overall financial position on the General Fund Revenue Budget for 2012/13 to 2014/15 and to outline the main issues that need to be addressed in considering the Cabinet’s budget proposals to Council, attached.

DECISION MADE: (Ref: CAB 11/12 7534)

On consideration of the report of the Cabinet Member forResources, Leisure and Culture and having received representations from Members of the Council, Cabinet agreed to do the following:

(a)  Note the position on the estimated outturn and revised budget for 2011/12 as set out in paragraphs 9 to18.

(b)  Approve that the Executive Director for Health & Adult Social Care enter into an agreement with NHS Southampton City (NHSSC) under section 256 National Health Act 2006 for a period of two years from 1 April 2011 to transfer a budget to the Council to spend on both services that benefit health and for post discharge services / re-ablement, as directed within the Local Government Finance Settlement announced on 13 December 2010.  The sums to be transferred by NHSSC will be £3.8M and an estimated £4.4M in 2011/12 and 2012/13 respectively.

(c)  Delegate authority to the Executive Director for Health & Adult Social Care, in consultation with the Chief Financial Officer and the Head of Legal, HR & Democratic Services, to extend, renegotiate, or enter into any further agreements with NHSSC in relation to any funding streams allocated to NHSSC, or successor body, with the specific purpose of being transferred to the Local Authority under a S256 arrangement and add any such sums to the budget.

(d)  Note the position on the forecast roll forward budget for 2012/13 as set out in paragraphs 23 to 35.

(e)  Note and approve the arrangements made by the Leader, in accordance with the Local Government Act 2000, for the Cabinet Member for Resources, Leisure & Culture to have responsibility for financial management and budgetary policies and strategies, and that the Cabinet Member for Resources, Leisure & Culture will in, accordance with the Budget & Policy Framework Rules as set out in the Council’s Constitution, be authorised accordingly to finalise the Executive’s proposals in respect of the Budget for 2012/13, in consultation with the Leader, for submission to Full Council on 15 February 2012.

(f)  Recommend that Full Council

  i.  Notes the Consultation process that was followed as outlined in Appendix 1.

  ii.  Notes the Equality Impact Assessment process that was followed as outlined in Appendix 2

  iii.  Approves the revised estimate for 2011/12 as set out in Appendix 3.

  iv.  Approves the use of £563,000 of in year under spend to increase the Interest Equalisation Reserve in 2011/12 to ensure that adequate provision is made for the future increase in interest costs associated with the ongoing utilisation of variable interest rates.

  v.  Notes the position on the forecast roll forward budget for 2012/13 as set out in paragraphs 23 to 35.

  vi.  Approves the revenue bids set out in Appendix 4.

  vii.  Approves the efficiencies, income and service reductions as set out in Appendix 5.

  viii.  Approves the setting up of a Pay Reserve, as set out in paragraph 63.

  ix.  Approves the changes to the discretionary redundancy policy as set out in paragraphs 65 to 72.

  x.  Notes the position  ...  view the full minutes text for item 73