Agenda Item No 4
The Vale of Glamorgan Council
Scrutiny Committee (Corporate Resources): 25th June 2013
Report of the Managing Director
Revenue Monitoring for the period 1st April 2013 to 30th April 2013
Purpose of the Report
1. To advise Scrutiny Committee of the progress of revenue expenditure for the period 1st April, 2013 to 30th, April, 2013.
1. That the position with regard to the Authority’s 2013/14 Revenue Budget be noted.
Reasons for the Recommendations
1. That the members are aware of the projected revenue outturn for 2013/14
2. Council on the 6th March 2013 (minute no 943 and 941 respectively) approved the Revenue Budget and Housing Revenue Account budget for 2013/14. The Budget information is subdivided by cabinet members’ portfolio within each Directorate. Reports monitoring expenditure are brought to this Committee on a regular basis.
Relevant Issues and Options
3. The projected out turn for the 2013/14 Revenue Budget is shown in comparison with the Revenue Budget at Appendix 1. The forecast is for the Council to have a balanced Revenue Budget.
4. The forecast is for an estimated balanced budget on the Housing Revenue Account.
Learning and Development
5. Overall, the Education Budget is projected to balance as at the end of March 2014. Any savings identified between now and the end of the year will be available to re-direct into the School Investment Strategy or other reserves.
6. Provision has been made within the budget for the annual cost of financing the School Investment Strategy of £600,000. This sum will be transferred to the School Investment Strategy Reserve.
7. The delegated budget relating to schools is expected to balance as any under/over spend is carried forward by schools
Grant Related Expenditure
8. Schools have access to the following Welsh Assembly funded grants:
9. Pupil Deprivation Grant £1,018,800 is a grant to support the Welsh Government priority to reduce the impact of poverty upon educational attainment.
10. Minority Ethnic Achievement Grant £263,838 is to support and improve standards of achievement for pupils from minority ethnic backgrounds.
11. Grant for the Education of Gypsy and Traveller Children £21,449 (to be match funded by the LEA), funding is provided to improve Educational opportunities and standards of achievement for all eligible persons.
12. Schools Effectiveness Grant (SEG) £1,526,580 (inclusive of match funding by the LEA), the purpose of the grant is to drive the three priority areas of literacy, numeracy and reducing the impact of child poverty on educational attainment.
13. Welsh Education Grant (WEG) £288,170 (inclusive of match funding by the LEA), the grant is intended to be linked to the delivery of the Welsh in Education Strategic Plans.
14. 14-19 Learning Pathways £625,930 is to support activity as detailed in the Regional Network Development Plan. Additional sums have been delegated to the Central South Consortia to assist with transition to regional working.
15. Language and Play £46,109 is available to support the continuing delivery of Language and Play approaches, assisting parents in developing language and number skills of their children.
16. Foundation Phase Revenue funding £4,178,890 supports the continuing roll out of the scheme, ongoing training and assessment materials.
17. School Uniform Grant Scheme to assist families on low incomes with the purchase of school uniform for children entering year 7 of secondary education. There is an allocated sum of £2,744 for administration costs and £19,320 indicative grant available for eligible pupils.
18. National Reading and Numeracy Tests Support funding £25,150, the funding is to be disbursed to schools to support the introduction of the National Reading and Numeracy Tests in May 2013.
19. Details of any other grants which have not yet been confirmed will be reported in subsequent monitoring reports.
20. As it is very early in the financial year, the current forecast for Social Services is a balanced budget. In addition to increased demand for services, there is pressure on the Directorate to achieve its savings targets for 2013/14 onwards.
21. Children and Young People's Services - The major issue concerning this service, is the continued pressure on the children’s placements budget. Any increase in the number of children becoming looked after by the Council over the year could significantly impact on the service.
22. Adult Services - The major issue concerning this service is the continued pressure on the Community Care Packages budget. This budget is extremely volatile and can be adversely affected by outside influences.
23. The Social Services Directorate is committed to achieving a balanced budget in 2013/14 while delivering the approved savings.
24. The current overall forecast is for a balanced budget.
25. Highways Maintenance & Engineering Design & Procurement - As it is very early in the financial year there is currently no variance to the profiled budget. The original budget for 2013/14 takes account of the savings required. The budget will be monitored closely to ensure these savings are achieved. The overall budget is currently expected to outturn on target.
26. Waste Management - As it is very early in the financial year there is currently no variance to the profiled budget. The original budget for 2013/14 takes account of the savings required and good progress has already been made to achieve this. The budget is currently expected to out-turn on target.
27. Grounds Maintenance - As it is very early in the financial year there is currently no variance to the profiled budget. The original budget for 2013/14 takes account of the savings required. The budget is currently expected to out-turn on target.
28. Support – There is currently a favourable variance of £9k to the profiled budget. This budget is to be held for any cost pressures within Visible Services that may arise throughout the financial year. Currently this budget is also projected to out-turn on target.
29. The current overall forecast is for a balanced budget.
30. Economic Development - The budget is currently expected to out-turn on target, however there are continued pressures on the service which will be closely monitored.
31. Leisure - The budget is currently expected to out-turn on target, however there are continued pressures on the service which will be closely monitored.
32. Planning and Transportation - The budget is currently expected to out-turn on target, however there are continued pressures on the service which will be closely monitored.
Resource Implications (Financial and Employment)
33. As detailed in the body of the report
Sustainability and Climate Change Implications
34. As detailed in the body of the report
Legal Implications (to Include Human Rights Implications)
35. There are no legal implications
Crime and Disorder Implications
36. There are no crime and disorder implications
Equal Opportunities Implications (to include Welsh Language issues)
37. There are no equal opportunity implications
38. 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
39. This report is for executive decision by the Cabinet
Robert Ingram (Principal Accountant) (01446 709252)
Chief Learning and Skills officer, Directors of Social Services, Visible Services and Housing, Development Services and Resources.
Sian Davies Managing Director