The Executive has agreed to
1. note the latest position against the budget in 2017/18;
2. earmark £50,000 of the one-off property income to the property income provision, as detailed in paragraph 6;
3. a budget of £10,000 for economic initiatives to help support local businesses, as detailed in paragraph 9 and authority be delegated to the Strategic Director for Front Line Services and the Portfolio Holder responsible for business support to agree how to allocate;
4. the spending of the additional planning income by an increase of 20% on planning fees in 2017/18 on delivering the improvement plan, as detailed in paragraph 13;
5. a virement of £20,000 from replacement of the property database system to some of the cost of the call management system, as detailed in paragraph 19;
6. a virement of £12,000 from desktop and server upgrades to the scanning of the planning files, as detailed in paragraph 20;
7. a virement for £40,000 from the Control and Management of Oak Processionary Moth and Ash Dieback and the repair works at Aarons Hill Skate Park to security measures in parks and recreation grounds, as detailed in paragraph 21;
8. a short term bridging loan to the value of £50,000 to Dunsfold Parish Council to enable the early completion of the play facilities project included in Waverley’s Capital Programme, subject to a signed legal agreement, as detailed in paragraph 24;
9. a virement of £1 million from the contingency on the high value asset levy to a earmarked reserve for potential cost with the introduction of Universal Credit, as detailed in paragraph 27;
10. a virement of £10,000 for windows at Hillcroft, Haslemere from HRA core capital programme savings, as detailed in paragraph 30;
11. a virement of £20,000 into the garage repairs project from HRA core capital programme savings, as detailed in paragraph 33; AND
12. a virement of £30,000 from the Core Capital savings to Tree works, as detailed in paragraph 35.
[VALUE FOR MONEY AND CUSTOMER SERVICE OVERVIEW AND SCRUTINY COMMITTEE]
The Executive has also agreed to RECOMMEND to the COUNCIL that
13. a virement of £100,000 into Aids and Adaptations from HRA core capital programme savings be approved, as detailed in paragraph 32;
14. the rescheduling of £100,000 for Internal Remodelling works into 2018/19 be approved, as detailed in paragraph 33; and
15. the rescheduling of £240,000 for Ockford Ridge Site A into 2018/19 be approved, as detailed in paragraph 40.
[These matters are recommended to the Council for decision and are not subject to the call-in procedure]
[Reason: To consider a mid-year review of the 2017/18 budget for the General Fund and the Housing Revenue Account against the forecast to 31 March 2018, based on the latest information available.]