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Agenda Item No. 4

 

The Vale of Glamorgan Council

 

Scrutiny Committee (Economy and Environment): 17th June 2014

 

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 to 30th April 2014

 

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 to 30th April 2014 regarding those revenue and capital budgets, which form this Committee’s remit.

Recommendation

It is recommended that :-

1.         The position with regard to the 2014/15 revenue and capital monitoring is noted.

Reason for the Recommendation

1.         That Members are aware of the position with regard to the 2014/15 revenue and capital monitoring relevant to this Scrutiny Committee. 

Background

2.         Council on the 5th March 2014 (minute nos. 884 and 883 respectively) approved the Revenue and Capital Budgets for 2014/15.  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 2014/15 are shown in the table below.  It is currently projected that services under this Committee will outturn within target at year end.

Economy &Environment  

Revenue Budget

 

Probable Outturn

Variance

(+ ) Favourable

(-) Adverse

 

£000

£000

£000

Highways Maintenance & Engineering

 

8,536

8,536

0

Waste Management

 

9,376

9,376

0

Grounds Maintenance

 

3,528

3,528

0

Support

 

0

0

0

Building Services

 

0

0

0

Economic Development

 

832

832

0

Leisure

 

3,515

3,515

0

Planning and Transportation

 

5,306

5,306

0

Total Economy & Environment

31,093

31,093

 

                       0

 

4.         A graph and table setting out the variance between profiled budget and actual expenditure to date is attached at Appendix 1.

5.         Highways Maintenance & Engineering Design & Procurement - As it is very early in the new financial year there is currently no variance to the profiled budget. The original budget for 2014/15 takes account of the £165k savings required for this financial year. The budget will be monitored closely to ensure these savings are achieved.

6.         Waste Management -As it is very early in the new financial year there is currently no variance to the profiled budget. The original budget for 2014/15 takes account of the £1,020k savings required for this financial year. The budget will be monitored closely to ensure these savings are achieved.

7.         Grounds Maintenance - As it is very early in the new financial year there is currently no variance to the profiled budget. The original budget for 2014/15 takes account of the £40k savings required for this financial year. The budget will be monitored closely to ensure these savings are achieved.

8.         Economic Development - As it is very early in the financial year there is currently no variance to the profiled budget. Although there are continued pressures on the service, which will be closely monitored during the year, a balanced budget is anticipated on this service at the end of the year.

9.         Leisure - As it is very early in the financial year there is currently no variance to the profiled budget. The budget takes account of the savings required of £457k. The budget will be monitored closely to ensure these savings are achieved.  The overall budget is currently expected to outturn on target.

10.      Planning and Transportation - As it is very early in the financial year there is currently no variance to the profiled budget and it is anticipated at this stage that the service will outturn on target. The budget takes account of savings required of £161k and good progress has already been made to achieve this.

Capital

11.      Appendix 2 details financial progress on the Capital Programme as at 30th April 2014. 

12.      Emergency powers have been used to approve the inclusion of s106 monies into the programme as follows:

Maslin Park - £43k

Footway Improvements Cowbridge -  £72k

Premier Inn Bus Layby & Shelter -£87k

13.      The monitoring report shows actual expenditure for the month of April 2014 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.

14.      Members should be aware that Appendix 2 does not include requests for unspent committed expenditure to be slipped from 2013/14 into 2014/15.  A request for this slippage will be included in the Closing Down report presented to a future Cabinet meeting.

15.      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)

16.      As detailed in the body of the report.

Sustainability and Climate Change Implications

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

Legal Implications (to Include Human Rights Implications)

18.      There are no legal implications.

Crime and Disorder Implications

19.      There are no crime and disorder implications.

Equal Opportunities Implications (to include Welsh Language issues)

20.      There are no equal opportunity implications.

Corporate/Service Objectives

21.      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

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

Consultation (including Ward Member Consultation)

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

Background Papers

None

 

Contact Officer

Carolyn Michael (Operational Manager - Accountancy ) (01446 709778)

 

Officers Consulted

Director of Development Services

Director of Visible Services and Housing

 

Responsible Officer:

Rob Thomas

Miles Punter

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