Issue - meetings

Cabinet Member: Finance

Forward Plan Ref: 2023/141

Contact: Louise Tustian, Head of Insight and Corporate Programmes, louise.tustian@oxfordshire.gov.uk / Kathy Wilcox, Head of Financial Strategy, kathy.wilcox@oxfordshire.gov.uk

Report by Chief Executive / Director of Finance (CA12 ).

The Cabinet is RECOMMENDED to

a)    note the report and annexes.

b)    approve the virements in Annex 2a.

c)    approve the write off of five Adult Social Care contribution debts totaling £0.142m.

d)    approve the Supplementary Estimate request of £0.2m to fund the deficit balance for a school converting to academy status during 2023/24.

Recommendations approved.

Cabinet considered a report presenting the September 2023 performance, risk, and finance position for the council.  The business management reports were part of a suite of performance, risk and budget documents which set out the council’s ambitions, priorities, and financial performance. 

Councillor Eddie Reeves, Chair of the Performance and Corporate Services Overview and Scrutiny Committee, addressed the Cabinet and asked for details of the measures were being taken to address the projected overspend in budgets in Children’s Services

Councillor John Howson, Cabinet Member for Children, Education and Young People’s Services, explained the background to the issues and the measures being taken to address the budget position in Children’s Services and for school transport and placement costs in particular.

Councillor Dan Levy, Cabinet Member for Finance, presented the report.

Cabinet welcomed, in particular, the reduction of the percentage of children in residential care in the County.

Councillor Levy moved and Councillor Howson seconded the recommendations and they were approved.

RESOLVED to:-

a)    note the report and annexes.

b)    approve the virements in Annex 2a.

c)    approve the write off of five Adult Social Care contribution debts totaling £0.142m.

d)    approve the Supplementary Estimate request of £0.2m to fund the deficit balance for a school converting to academy status during 2023/24.