Agenda Item No
The Vale of Glamorgan Council
Scrutiny Committee (Economy and Environment): 19th June 2012
Report from the Director of Environmental and Economic Regeneration.
Revenue and Capital Monitoring for the period 1st April 2012 to 30th April 2012
Purpose of the Report
1. To bring to the attention of this Scrutiny Committee, the position in respect of revenue and capital expenditure for the period 1st April 2012 to 30th April 2012 regarding those revenue and capital budgets, which form this Committee’s remit.
1. It is recommended that the Scrutiny Committee note the position with regard to the 2012/13 revenue and capital monitoring.
Reason for the Recommendation
1. That Members are aware of the position with regard to the 2012/13 revenue and capital monitoring relevant to this Scrutiny Committee.
2. Council on the 7th March 2012 (minute no 951 and 950 respectively) approved the Revenue and Capital Budgets for 2012/13. Reports monitoring expenditure are brought to this Committee on a regular basis.
Relevant Issues and Options
3. The Revenue Budget and projected outturn for 2012/2013 are shown in Appendix 1.
4. Highways Maintenance & Engineering Design & Procurement - There is currently a £10k adverse variance to the profiled budget. This is mainly due to a slight overspend on staffing costs. The budget for 2012/13 takes account of the efficiency savings required. The budget will be monitored closely to ensure these savings are met and it is expected that the budget will out-turn on target.
5. Waste Management - There is currently a £14k favourable variance to the profiled budget. The current underspend is mainly due to tonnages to landfill dropping as the food waste and co-mingled recycling programmes increase in popularity therefore saving on costly landfill disposal. The budget for 2012/13 takes account of the efficiency savings required. The budget is currently expected to outturn on target
6. Grounds Maintenance - There is currently a £7k favourable variance to the profiled budget. This is mainly due to a small underspend on the supplies and services budget at present. The budget for 2012/13 takes account of the efficiency savings required. The budget will be monitored closely to ensure these savings are met and the budget outturns on target.
7. Support – There is currently a favourable variance of £10k 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 outturn on target.
8. Economic Development and Leisure - There are continued pressures on the service and planned transfers of both the Leisure Centres and Dyffryn are scheduled to progress in the near future.
9. Planning and Transportation - There are continued pressures on the service and planning income will be closely monitored.
10. Appendix 2 details financial progress on the Capital Programme as at 30th April 2012.
11. 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.
12. Members should be aware that Appendix 2 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 which will be presented to future Cabinet and Scrutiny meetings. The request will also be referred to Council for approval.
13. 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.
14. Alexandra Gardens Community Centre Rebuild - Included in Appendix 2 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. In order to provide a small contingency sum on the scheme it will 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)
15. As detailed in the body of the report.
Legal Implications (to Include Human Rights Implications)
16. There are no legal implications.
Crime and Disorder Implications
17. There are no crime and disorder implications.
Equal Opportunities Implications (to include Welsh Language issues)
18. There are no equal opportunity implications.
19. 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
20. The report is in accordance with the Policy Framework and Budget.
Consultation (including Ward Member Consultation)
21. The appropriate Chief Officer has been consulted. This report does not require Ward Member consultation.
Carolyn Michael (Senior Group Accountant) (01446 709778)
Director of Environmental and Economic Regeneration
Rob Quick - Director of Environmental and Economic Regeneration