Decision details

1.  That the latest projected overspend of £607k is forecast on the controllable budget, based on information as at December 2019; and

2.  The request for the allocation of £200k from the Better Care Fund to offset pressures in Adult Social Care, as set out in paragraph 3.3.7 of the report, be agreed and referred to the Executive for approval.

The Resources Portfolio Plan includes the aim of effective monitoring and control of expenditure within budget and includes the target that each service department will spend within its own budget. Bromley’s Best Value Performance Plan “Making a Difference” refers to the Council’s intention to remain amongst the lowest Council Tax levels in outer London and the importance of greater focus on priorities. The four year financial forecast report highlights the financial pressures facing the Council. It remains imperative that strict budgetary control continues to be exercised in 2019/20 to minimise the risk of compounding financial pressures in future years.