Lead Member – Mr Mike Owen, Portfolio Holder for Finance, Resources and Support.

Report of the Head of Finance, Governance and Assurance (Section 151 Officer) is to follow.

Contact – James Walton (01743 255011)

(a)  That it be noted that at the end of Quarter Three (2 January 2015), the full year forecast was a potential overspend of £0.371m;

(b)  That it be noted that the impact of this on the Council’s General Fund Balance had been considered by Cabinet.

(c)  That approval be given to Shropshire Council acting as accountable body for the new LEADER programme.

(d) That approval be given to the extension of ERDF funded projects including Marches and Staffordshire Business Enterprise Fund, Eureka! Moment, Growing Talent and Optimising Business Broadband to December 2015.

(e) That approval be given to Shropshire Council acting as the host authority of the pooled budget arrangement for the Better Care Funding.

89.1    The Portfolio Holder for Finance, Resources and Support presented a report by the Head of Finance, Governance and Assurance – copy attached to the signed minutes – on the Revenue forecast for 2014/2015 as at Quarter 3 and identified the current projections on the delivery of savings included within the forecast.

89.2    During the discussion a Member queried the position with the renegotiation of the Veolia contract following which the Leader indicated that the Member should speak with the Director of Commissioning on the matter after the meeting.

89.3    RESOLVED:

(a)  That it be noted that at the end of Quarter Three (2 January 2015), the full year forecast was a potential overspend of £0.371m;

(b)  That it be noted that the impact of this on the Council’s General Fund Balance had been considered by Cabinet.

(c)  That approval be given to Shropshire Council acting as accountable body for the new LEADER programme.

(d) That approval be given to the extension of ERDF funded projects including Marches and Staffordshire Business Enterprise Fund, Eureka! Moment, Growing Talent and Optimising Business Broadband to December 2015.

(e) That approval be given to Shropshire Council acting as the host authority of the pooled budget arrangement for the Better Care Funding.