Issue - meetings
Benefits Budget
Meeting: 04/02/2010 - Cabinet (Item 324)
BENEFITS BUDGET, PROVISION AND RESERVE
Minutes:
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.