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Agenda Item No. 4

 

The Vale of Glamorgan Council

 

Scrutiny Committee (Housing and Public Protection) 13th March 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 2012 to 31st January 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 2012 to 31st January 2013 regarding those revenue and capital budgets, which form this Committee’s remit.

Recommendation

It is recommended that :

1.             The position with regard to the Authority’s 2012/13 Revenue Budget and Capital Budget be noted.

Reason for the Recommendation

1.             That Scrutiny Committee note the position with regard to the 2012/13 revenue and capital monitoring.

Background

2.             Cabinet on 19th November 2012 (min nos. C1910, C1911 and C1912) approved the amended capital, revenue and Housing Revenue Account 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 2012/13 are shown in Appendix 1.

4.             Public Sector Housing (HRA) - The Housing Revenue Account is predicted to outturn with a favourable variance of £279k.  This variance is made up of an adverse variance on the housing repairs demand led responsive maintenance service of £120k.  This variance is offset by favourable variances on salaries of £144k due to vacancies, income of £10k, premises costs of £17k, transport costs of £16k, Council run temporary accommodation of £93k due to the hostel being refurbished last year and other supplies and services of £119k.  The implication of this underspend is that at year end, there will be a greater HRA Working Balance to be carried forward into future years.

5.             General Fund Housing - The Housing Services General Fund Account is currently showing a favourable variance of £15k on salaries but is expected to outturn on target by year end.

6.             Private Sector Housing and Public Protection - Both these areas are predicted to outturn on target. 

7.             Appendix 2 details financial progress on the Capital Programme as at 31st January 2013.

8.             Housing Improvement Programme - In order to achieve maximum expenditure by the end of the financial year, a review of the Housing Improvement Programme budgets has been completed and agreed under officers' delegated authority. The amended budgets are now reflected in Appendix 2.

9.             Appendix 3 provides non-financial information on capital construction schemes with a budget of over £100,000.   Where a budget shown in Appendix 2 is more than £100,000 but is made up of several smaller schemes that individually are less than £100,000, the scheme is not included in Appendix 3.

Resource Implications (Financial and Employment)

10.        As detailed in the body of the report

Sustainability and Climate Change Implications

11.        There are no direct implications arising from this report

Legal Implications (to Include Human Rights Implications)

12.        There are no legal implications

Crime and Disorder Implications

13.        There are no crime and disorder implications

Equal Opportunities Implications (to include Welsh Language issues)

14.        There are no equal opportunity implications

Corporate/Service Objectives

15.        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

16.        Report is in accordance with the Policy Framework and Budget.

Consultation (including Ward Member Consultation)

17.        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