Decision details

·         Noting that there are projections of £8.3 million of overspend by Council departments, with 83% of it relating to adult and child care, to accept the report on the end of November 2024 review of the revenue budget and support the steps the Chief Executive has introduced to address the significant overspend by the Adults, Health and Well-being Department, the Children and Families Department, the Highways, Engineering and YGC Department and the Environment Department.

·         Delegate the right to the Head of Adults, Health and Well-being in consultation with the Head of Finance and the relevant Cabinet Members to make a number of necessary budget transfers, without limitation on the value, within services budgets in the Adults, Health and Well-being Department to reflect the current pressures, including in the field of Learning Disability, Older People, Physical Disability and Mental Health.

·         Approve additional financial support above the £201k contractual payment to Cwmni Byw’n Iach to be funded from the transformation fund, and to delegate the right to the Cabinet Member for Economy in consultation with the Cabinet Member for Finance, Chief Executive and Head of Finance to agree the amount of final financial support above the contractual payment to Cwmni Byw’n Iach at the end of the financial year. 

·         To approve the transfer of £4,409k of underspend on corporate budgets to the Council's Financial Strategy Reserve. 

·         Exclude clause 16.3.1.(C) of the Financial Regulations and not allow departments to carry any underspend into the next financial year.