Decision details
BENEFITS BUDGET, PROVISION AND RESERVE
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
Demand projections, grant receivable and use of reserves.
Decisions:
The Director of Finance reported upon the latest position regarding the amounts held in the Housing Benefit provision and reserve and recommended the release of £1.5 million to the General Fund Balance. The report also set out the projected Benefits budget requirements for 2010-11.
RESOLVED: That
(1) having regard to the risk involved, the sum of £1.5 million of the Housing Benefit reserve and provision be returned to the General Fund Balance; and
(2) having regard to the significant increase in Housing and Council Tax Benefit claimants and the improvements to maximise Benefits Subsidy, the net increase of £1,170,000 million be included within the Council budget for 2010/11.
Report author: Ian Coleman
Publication date: 09/02/2010
Date of decision: 04/02/2010
Decided at meeting: 04/02/2010 - Cabinet
Effective from: 17/02/2010
Accompanying Documents:
- Restricted enclosure View reasons restricted