Agenda Item No
The Vale of Glamorgan Council
Scrutiny Committee (Corporate Resources): 26th June 2012
Report of the Director of Finance, ICT and Property
Capital Monitoring Report for the period 1st April to 30th April 2012
Purpose of the Report
1. To advise Scrutiny of the progress on the 2011/12 Capital Programme for the period 1st April 2012 to 30th April 2012.
1. That the position with regard to the Authority’s 2012/13 Capital Programme be noted.
Reasons for the Recommendations
1. To allow schemes to proceed this financial year.
2. Council on the 7th March 2012, minute number C950, approved the proposed Capital Programme for 2012/13.
Relevant Issues and Options
3. Appendix 1 details financial progress on the Capital Programme as at 30th April 2012.
4. The monitoring report shows actual expenditure spent for the month of April 2012 and is matched by a similar figure in the profile to date column, thereby showing no variances.
5. Members should be aware that Appendix 1 does not include requests for unspent committed expenditure to be slipped from 2011/12 into 2012/13. A request for this slippage will be included in the Closing Down report presented to a future Cabinet meeting.
6. For all schemes where it is evident that the full year's budget will not be spent during the year, the relevant officers are required to provide an explanation for the shortfall and this shall be taken to the earliest available Cabinet.
Director of Environmental and Economic Regeneration
7. Alexandra Gardens Community Centre Rebuild - included in Appendix 1 is a budget of £500,000 for this scheme. This sum was based upon an estimate at the time of bid submission, late last financial year and it was estimated that £200,000 could potentially be available from Welsh Government (WG) grant funding. The design of the scheme has since been re-worked and it is now anticipated that it can be delivered for £400,150. WG have now approved a grant of £100,000 towards this sum. It has been requested that the budget be reduced to £400,150 in order to reflect the revised project. In order to provide a small contingency sum on the scheme it will further be requested, as part of the Closing Down report, that available slippage on the 2011/12 capital demolition budget also be added to the £400,150.
Resource Implications (Financial and Employment and Climate Change, if appropriate)
8. There are no direct financial implications of this report.
Legal Implications (to Include Human Rights Implications)
9. There are no legal implications.
Crime and Disorder Implications
10. There are no crime and disorder implications.
Equal Opportunities Implications (to include Welsh Language issues)
11. There are no equal opportunity implications.
12. Effective monitoring assists in the provision of accurate and timely information to officers and Members and in particular allows services to better manage their resources.
Policy Framework and Budget
13. This report is a matter for Executive decision by the Cabinet.
Consultation (including Ward Member Consultation)
14. Each Scrutiny Committee will receive a monitoring report on their respective areas. This report does not require Ward Member consultation.
Relevant Scrutiny Committee
Laura Davis, Senior Accountant, Tel. no. 01446 709249
The Directors of Social Services, Environmental and Economic Regeneration and Legal, Public Protection and Housing Services and the Head of Strategic Planning & Performance.
Sian Davies, Director of Finance, ICT and Property