Decision
(a) That the Senior Leadership Team’s forecast for
Dorset Council’s revenue budget position at the end of Q3 and the change since
Q2 be noted;
(b) That Cabinet notes the proposals to improve the
position during the year and considered further action to address the budget
gap;
(c) That the latest position on the capital
programme and the impact this was having on capital financing in the revenue
budget be noted as set out in appendix 1 of the report;
(d) That the current positions on collection funds
and collection rates and the impact that the council tax position in particular
might have on local preceptors be noted.
Also that Government consultation
on support for local tax losses in 2020/21 be noted;
(f) That Cabinet notes the impact that Spending
Review 2020 (SR20) has had on the expectations for the year. It was noted that the impact on the budget
strategy and medium-term financial plan (MTFP) were covered in a separate
report on the agenda.
Reason for the decision
The Council has responsibilities to deliver against its 2020/21 revenue budget and capital programme whilst maintaining adequate reserves. Cabinet wishes to understand clearly the financial impact and consequences of the Council’s response to the Covid-19 pandemic as well as other matters affecting the financial performance and position.