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Agenda Item No

 

The Vale of Glamorgan Council

Scrutiny Committee (Economy and Environment): 18th June 2013

Joint Report of the Director of Development Services and the Director of Visible Services and Housing

Revenue and Capital Monitoring for the Period 1st April 2013 to 30th April 2013

 

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 2013 to 30th April 2013 regarding those revenue and capital budgets, which form this Committee’s remit.

Recommendation

1.             It is recommended that the position with regard to the 2013/14 revenue and capital monitoring is noted.

Reason for the Recommendation

1.             That Members are aware of the position with regard to the 2013/14 revenue and capital monitoring relevant to this Scrutiny Committee.

Background

2.             Council on the 6th March 2013 (minute nos. 943 and 942 respectively) approved the Revenue and Capital Budgets for 2013/14.  Reports monitoring expenditure are brought to this Committee on a regular basis.

Relevant Issues and Options

Revenue

3.             The Revenue Budget and projected outturn for 2013/14 are shown in Appendix 1.

4.             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.

5.             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 outturn on target.

6.             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 outturn on target.

7.             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 outturn on target.

8.             Economic Development - The budget is currently expected to outturn on target, however there are continued pressures on the service which will be closely monitored.

9.             Leisure - The budget is currently expected to outturn on target, however there are continued pressures on the service which will be closely monitored.

10.        Planning and Transportation - The budget is currently expected to outturn on target, however there are continued pressures on the service which will be closely monitored.

Capital

11.        Appendix 2 details financial progress on the Capital Programme as at 30th April 2013.

12.        The monitoring report shows actual expenditure spent for the month of April 2013 and is matched by a similar figure in the profile to date column, thereby showing no variances. Profiled expenditure has been requested from Project Managers and will be updated in the next report.

13.        Members should be aware that Appendix 2 does not include requests for unspent committed expenditure to be slipped from 2012/13 into 2013/14. A request for this slippage will be included in the Closing Down report presented to a future Cabinet meeting.

14.        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.

Resource Implications (Financial and Employment)

15.        As detailed in the body of the report.

Sustainability and Climate Change Implications

16.        There are no direct implications arising from this report.

Legal Implications (to Include Human Rights Implications)

17.        There are no legal implications.

Crime and Disorder Implications

18.        There are no crime and disorder implications.

Equal Opportunities Implications (to include Welsh Language issues)

19.        There are no equal opportunity implications.

Corporate/Service Objectives

20.        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

21.        The report is in accordance with the Policy Framework and Budget.

Consultation (including Ward Member Consultation)

22.        The appropriate Chief Officer has been consulted. This report does not require Ward Member consultation.

Background Papers

None

 

Contact Officer

Carolyn Michael (Senior Group Accountant) (01446 709778)

 

Officers Consulted

Director of Development Services

Director of Visible Services and Housing

 

Responsible Officer:

Rob Thomas

Miles Punter