Decision details

Budget monitoring – revenue & capital and treasury management mid year review

Decision Maker: Executive

Decision status: For Determination

Is Key decision?: Yes

Is subject to call in?: No


The Portfolio Holder for Corporate Services presented the report to update Members on the budget at the end of October 2019 and the treasury management lending list. He advised that there were uncertainties with funding for the Council going forward particularly with regards to the proposal to abolish New Homes Bonus and what would replace it, and the impact of changes with Business Rates. He highlighted the variations and brought Members attention to the waste saving sharing agreement with Devon County Council and the successful bids for the Rough Sleeper Initiative and Warm Homes Fund.


In response to a non-Executive Member, the Portfolio Holder for Corporate Services clarified that the Rural Skip Service was a service that the residents valued, details regarding Section 106 Monies for individual Parishes could be made available for Ward Members and the pre-application advice income was additional funding that supported the planning service.


The recommendation was proposed by Portfolio Holder for Corporate Services and seconded by the Portfolio Holder for Waste Management & Environmental Health.




(1)          the revenue budget variations as shown at appendix 1 be approved;


(2)          the updated capital programme as shown at appendix 2 be approved; and


(3)       the updated lending list as shown at appendix 3 be noted.




(4)   to note the mid-year review of treasury management at appendix 4.



Report author: Scott Adams

Publication date: 02/12/2019

Date of decision: 28/11/2019

Decided at meeting: 28/11/2019 - Executive

Accompanying Documents: