Agenda Reports Pack (Public) 15/10/2012, 19.00 - Meetings ...

3. COSTS3.1 Cabinet approved funding of £238,000 for 2012/13 as recommendedin a report to Cabinet on 10 October 2011. The paper indicated thatadditional, short term programme and project requirements would berequired to deliver the savings required of the key tri-boroughprogrammes and that further costs and their link to savings targetswould be outlined in early 2012/13. Cabinet is now asked to approvefunding for these costs.3.2 The total cost of the H&F share of the additional costs for April 2012to March 2013 is £473,000. Taking into account the previouslyapproved funding of £238,000, Cabinet are asked to approve fundingof £235,000 for the remaining 2012/13 costs.3.3 In totality, the resources will directly enable delivery of 2012/13 and2013/14 savings whilst also progressing the plans and initiativesrequired to deliver savings through to 2015/16 (table 1).Table 1 LBHF savings to be delivered (£ 000)Service/Programme12/13costs(£ ‘000)H&F savings (£’000) 112/13 13/14 15/16Children’s 93 1,940 2,287 1,080ServicesAdult Social 32 1,026 3,005 1,272CareLibraries 31 197 74 0Corporate 236 0 0 2,333ServicesManaged 81 0 0 2,000ServicesTOTAL 473 3,163 5,366 8,434Funding 238approvedOctober2011FundingrequestedSeptember20122351 Figures taken from report to Tri-borough Leaders 25 th May 2012Page 39