Agenda Item No. 4
The Vale of Glamorgan Council
Scrutiny Committee (Housing and Public Protection) 17th July 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 31st May 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 31st May 2013 regarding those revenue and capital budgets, which form this Committee’s remit.
It is recommended that :
1. The position with regard to the 2013/14 Revenue and Capital Budgets are noted.
Reason for the Recommendation
1. That Scrutiny Committee note the position with regard to the 2013/14 revenue and capital monitoring.
2. Council on the 6th March 2013 (minute nos. 943, 942 and 941 respectively) approved the Revenue, Capital and Housing Revenue Accounts Budgets for 2013/14. Reports monitoring expenditure are brought to this Committee on a regular basis.
Relevant Issues and Options
3. The projected outturn for the 2013/14 Revenue Budget is shown in comparison with the Revenue Budget at Appendix 1.
4. Public Sector Housing (HRA) - The Housing Revenue account is currently showing a favourable variance of £167k. There are adverse variances on both income due to voids of £30k and Housing Responsive Repairs of £32k. These adverse variances are offset by favourable variance on salaries of £60k due to vacancies in the housing teams, Ty Iolo running costs of £18k, Council temporary accommodation of £17k, Incentive to Move schemes of £16k, communal areas of £46k, Council Tax of £9k and other supplies and services of £63k.
5. General Fund Housing - The Housing General Fund is currently showing a favourable variance of £62k. There are underspends of £17k on salaries and £45k on homeless emergency bed and breakfast placements. It is anticipated that the services will outturn on target.
6. Other services are anticipated to outturn on target by year end.
7. Appendix 2 details financial progress on the Capital Programme as at 31st May 2013. [Appendix 3 provides non financial information on schemes over £100k.]
8. Members should be aware that Appendix 2 now includes approved slippage for unspent committed capital expenditure slipped from 2012/13 into 2013/14. This was approved by exercising the Managing Director's delegated emergency powers. Details of the slippage will be included in the Closing Report which will be reported to Cabinet on 29th July 2013.
9. 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.
Variance between Actual Spend to date and Profiled Spend
10. Cabinet have previously agreed that further information would be provided where schemes have a value of over £500k and show a variance of 20% or more between actual spend and the profile. The following schemes meet this criteria:-
11. Housing Improvement Programme - Expenditure is behind profile on central heating and boiler renewals due to a reduction in required installations, reflecting the fact that those worst cases have previously been completed. Conversely, the rewire programme is ahead of profile due to a higher than anticipated number of full rewires being required than had been anticipated. As the programme proceeds, further budget virements may be required to rationalise WHQS budgets with emerging needs.
12. Disabled Facility Grants - Although the level of grant approvals are up, there seems to be a delay with contractors completing works on site and submitting claims. Officers within the Public Protection Grants Team are however chasing up payments to maximise spend and they are confident that the original profile is still achievable in the near future.
Resource Implications (Financial and Employment)
13. As detailed in the body of the report.
Sustainability and Climate Change Implications
14. There are no direct implications arising from this report.
Legal Implications (to Include Human Rights Implications)
15. There are no legal implications.
Crime and Disorder Implications
16. There are no crime and disorder implications.
Equal Opportunities Implications (to include Welsh Language issues)
17. There are no equal opportunity implications.
18. 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
19. Report is in accordance with the Policy Framework and Budget.
Consultation (including Ward Member Consultation)
20. The appropriate Chief Officer has been consulted. This report does not require Ward Member consultation.
Carolyn Michael (Senior Group Accountant) (01446 709778)
Director of Development Services
Director of Visible Services and Housing
Operational Manager - Legal Services