The Cabinet considered the Corporate Performance and Resources Mid-Year Reports 2018/19 and Leader’s Mid-Year Report and agreed that:-
· the key policy drivers identified and progress in managing corporate risks set out in section 2 of the report be noted;
· the virements to the Revenue Budget set out in section 3.2.3 of the report be approved;
· the cash limit and non-cash limit forecast positions for 2018/19 as set out in sections 3.3 to 3.6 of the report be noted;
· the position on the 2018/19 budget savings programme set out in section 3.4 of the report be noted;
· the Dedicated Schools Grant and Housing Revenue Account forecast positions as set out in sections 3.7 and 3.8 of the report be noted;
· the use of Non Cash Limit surpluses to address the in-year deficit on the Dedicated Schools Grant and avoid having to carry forward a deficit position into 2019/20 be approved;
· the appropriations to/from reserves and balances as set out in section 3.9 of the report be approved and the resulting reserves and balances position be noted;
· the forecast position for the 2018/19 Capital Programme as set out in sections 4.1 and 4.2 of the report be noted;
· the changes to the Capital Programme during the quarter as set out in section 4.1.5 of the report be noted;
· the proposals for resourcing and additional resources required for the Capital Programme as set out in section 4.3 of the report be approved; and
· the 2018/19 actual prudential indicators as set out in section 4.4 of the report be approved.