Agenda item 4 - MTFS (Final) Cab 070213 , item 9. PDF 1 MB

More documents

Recommendations

Info

the development of a framework which helps managers to assess how much risk they are prepared to accept and to help them determine the level of control they need to put into place. The Audit Committee approved the strategy on 24 January, for recommendation to Council, and Cabinet are now also asked to approve the Risk Management Strategy for submission to Council. O Attached Annexes Annex 1 Annex 2 Annex 3 Annex 4 Annex 5 Detailed narrative by Commissioning Service Area showing achievements in 2012/13, detailed 2013/14 Budget Proposals and forecasts for future years Financial Summary of the proposed 2013/14 budget by Service Area Financial Summary Cost Increase Proposals Financial Summary of Cost Reduction Proposals Medium Term Financial Planning Framework Annex 6 Revenue Financial Position 2012/13 Annex 7 Annex 8 Annex 9 Reserves and Balances Analysis Revenue Budget Forward Projections Capital Programme Annex 10 Treasury Management Strategy 2013/14 Annex 11 Risk Management Strategy 2013/14 25
ANNEX 1.1 : COMMISSIONING INTENTIONS – CHILDREN AND FAMILIES Context The Council has wide ranging responsibilities for children’s services; this includes leading and coordinating all local partners to ensure outcomes for children and young people improve. In 2012/13 the total budget for children’s services excluding Dedicated Schools Grant was £105.2 million; this included other grants and funding from formula/Council Tax. This represented a 5.9% reduction on budgets available in 2011/12. The strategic direction for children’s services is set by the local Children and Young People’s Plan; this together with the current corporate strategy identifies a clear focus on improving outcomes for the most vulnerable. Performance of children’s services is improving, with continued high educational standards for the majority of pupils, low levels of youth offending but a need to do more to ensure consistency of some services for the most vulnerable, including safeguarding, children in Care and young people at risk of becoming NEET (not in education, employment or training). Meeting the Challenge 2012/13 A number of projects have been undertaken to meet the required budget reductions and enable crucial front line services to be maintained where possible. Savings targets for this year have focused on the full implementation of projects commenced in 2011/12, all focused on ensuring the most vulnerable children and young people continue to receive the support they need. Savings have been realised in youth support services which is now targeted on those young people most at risk, a continued reduction in spend in expensive placements for Looked After Children and continued savings in the cost of home to school transport as policy changes are rolled out. The council has agreed new contracts in respect of youth support and children’s centres which will drive more efficient and effective service delivery in local areas. The youth Support contract includes a new service to manage transitions between adult and children’s services. The council has responded to central government proposals for reform of school funding, in particular by reducing centrally provided services where funding will now be directed to individual schools. Looking Forward The proposed budget for 2013/14 requires savings of £6.6 million to be achieved in council children’s services. This includes some savings identified through Meeting the Challenge, reductions resulting from the shift in education funding from central LA services to schools and academies and a reduction in the Early Intervention Grant (EIG) as it transfers into formula funding. Although the combined impact of these changes is a reduction in central council budgets for children and families of £9.4 million the government has announced funding of £4 million to provide free entitlement to nursery education for 2 years olds from lower income families; this will be included in the Dedicated Schools Grant. Of the £9.4 million reduction it should be noted that £2.8m will be transferred to schools and academies so that the funding will still be available in the county. This will result in centrally run services such as the Pupil Referral Service becoming independent from April 2013, and a new service for vulnerable pupils being put in place replacing current teams supporting attendance and exclusions. The MtC savings include further reductions in expensive placement budgets for LAC, planned reductions in home to school transport budgets resulting from new policies, a move from grant to evidence based commissioning and a continued focus on targeted youth support rather than universal provison. Additional savings will be needed to accommodate the reduction in EIG and changes in school funding. 26
Page 1 and 2: Gloucestershire County Council Medi
Page 3 and 4: 7 The capital budget strategy refle
Page 5 and 6: This will then provide a further £
Page 7 and 8: The draft budget was also considere
Page 9 and 10: for non Academy Schools. These amou
Page 11 and 12: • Providing the basics - In the c
Page 13 and 14: (1) The budget provides for contrac
Page 15 and 16: Any increase in a school’s depriv
Page 17 and 18: In the future there is a risk that
Page 19 and 20: 40 Council’s financial standing a
Page 21 and 22: 2014/15 2015/16 £m £m Budget 420.
Page 23 and 24: Entry’ approval had been given, w
Page 25: escheduling, and investments. • P
Page 29 and 30: Delivering Change Achieving improve
Page 31 and 32: Currently an estimated 38,000 older
Page 33 and 34: ANNEX 1.3: COMMISSIONING INTENTIONS
Page 35 and 36: Looking Forward Some of the changes
Page 37 and 38: Source LGA: From transition to tran
Page 39 and 40: The Council is ideally placed to ta
Page 50 and 51: Proposed Cost Increases 2013/14 - A
Page 52 and 53: Proposed Cost Reductions 2013/14 -
Page 54 and 55: Proposed cost reductions as part of
Page 56 and 57: Annex 4 Proposed Cost Reductions 20
Page 58 and 59: Forward Planning 2013/14 to 2015/16
Page 60 and 61: Revenue Outturn 2012/13 : Forecast
Page 62 and 63: • The Learning Disabilities Exter
Page 64 and 65: • Young people’s support: an un
Page 66 and 67: Reserve movements Balance at 31st M
Page 68 and 69: Academies. Such adjustments will be
Page 70 and 71: Scheme Name Actual Actual Forecast
Page 72 and 73: Annex 9 Capital Programme Prior Yea
Page 74 and 75: Scheme Name Prior Years 2011/12 £'
Page 76 and 77:
Capital Programme Forecast - Decemb
Page 78 and 79:
1. Background 1.1 The Chartered Ins
Page 80 and 81:
5.3 Total borrowing requirement at
Page 82 and 83:
7.8 Council’s Banker - The Counci
Page 84 and 85:
Appendix A EXISTING PORTFOLIO PROJE
Page 86 and 87:
4. Ratio of Financing Costs to Net
Page 88 and 89:
9. Adoption of the CIPFA Treasury M
Page 90 and 91:
Arlingclose’s Economic and Intere
Page 92 and 93:
Specified Investments Appendix D Sp
Page 94 and 95:
Councils Bank Account The Council b
Page 96 and 97:
Notes: • This list could change i
Page 98 and 99:
3. The Local Authority Mortgage Sch
Page 100 and 101:
ANNEX 11 RISK MANAGEMENT STRATEGY 2
Page 102 and 103:
Risk Management Policy Statement Gl
Page 104 and 105:
What are our Strategic Risk Managem
Page 106 and 107:
Appendix 1 - Risk Management Accoun
Page 108 and 109:
Staff/Other Stakeholders ‣ Mainta
Page 110:
i http://www.dh.gov.uk/prod_consum_
show all

Agenda item 4 - MTFS (Final) Cab 070213 , item 9. PDF 1 MB

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?