Decision details

To provide the latest revenue budget monitoring position for 2018/19 for the Council Fund and Housing Revenue Account. The position is based on actual income and expenditure as at Month 5, and projects forward to year-end.

As detailed in the recommendations, with recommendation (d) being:

That 1% of additional funding from Welsh Government to help meet the costs of the pay award in-year for the period 1^st September 2018 to 31^st March 2019 be distributed in full to our local schools network once the funds have been received.  Schools will be required to find the remaining 1% of the award from within their own budgets for this period.  In planning the budget for 2019/20 it is the Council’s intention that it will make provision for an uplift in the base funding for schools to meet 1% of the pay award, as a minimum.  It is the Council’s aspiration to be in a position to provide an uplift for the full amount.  However, the Council is not in a position to confirm either the minimum or the aspirational provision at this point in the national budget setting process as the Council faces a potentially unmanageable gap in its budget-setting forecast for 2019/20, with such a poor provisional Local Government Settlement as outlined by Welsh Government.