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Agenda Item No. 8

 

The Vale of Glamorgan Council

 

Scrutiny Committee (Housing and Public Protection): 17th June 2015

 

Report of the Director of Visible Services and Housing

 

Revenue and Capital Monitoring for the Period 1st April to 30th April 2015

 

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 2015 regarding those revenue and capital budgets, which form this Committee’s remit.

Recommendation

1.         That the position with regard to the 2015/16 Revenue and Capital Budgets are noted.

Reason for the Recommendation

1.         That Scrutiny Committee note the position with regard to the 2015/16 revenue and capital monitoring.

Background

2.         Council on the 4th March 2015 (minute nos. 941, 940 and 939 respectively) approved the Revenue, Capital and Housing Revenue Budgets for 2015/16.  Reports monitoring expenditure are brought to this Committee on a regular basis. 

Relevant Issues and Options

Revenue 

 

Housing & Public Protection     

Revenue Budget

 

Probable Outturn

Variance

(+ ) Favourable

(-) Adverse

 

£000

£000

£000

Public Sector Housing (HRA)

(129)

(129)

0

General Fund Housing

 

1,218

1,218

0

Private Sector Housing

11,047

11,047

0

 

Public Protection

 

 

2,326

 

2,326

 

0

Youth Offending Service

 

672

672

0

TOTAL

 

15,134

15,134

0

 

3.         The Revenue Budget and projected outturn for 2015/16 are shown in the table above.  As it is very early in the financial year, the current forecast is for a balanced budget.

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

5.         Public Sector Housing (HRA) - At this early stage of the year, it is anticipated that the HRA will outturn on target.

6.         General Fund Housing - At this early stage of the year, it is anticipated that this budget will outturn on target.

7.         Private Housing - An internal restructure has been undertaken within the Development Service Directorate and the Disabled Facility Grants and Renewal Area teams are being transferred from Private Housing to the Regeneration Section. Cabinet approval will be sought to transfer the corresponding budget for these two teams, totalling £385k, to the Regeneration Section which forms part of the Economic Development budget within Development Services. This change has not yet been reflected in the above table, but once approved, the amended budget for Private Housing would be £10.662m. At this early stage in the year, it is anticipated that the budget will outturn within target.

8.         Public Protection - As Members may be aware, from 1st May 2015, the Regulatory Services element of this budget now forms part of the Shared Regulatory Service with Cardiff and Bridgend Councils. The budget indicated for Public Protection in paragraph 3, above, currently encompasses this Authority's Regulatory Services, a net budget of £210k for the Coroner's service (currently a shared service between Cardiff and the Vale) and the sum of £22k for Port Health. In order to clarify the monitoring position, Cabinet will be asked to approve the Port Health budget being vired to General Policy (as it reflects a levy recharge from Swansea and Cardiff Councils) and the Regulatory Services budget and the Coroners budget being identified separately going forward. These changes are not reflected in the table above.  At this early stage in the year it is anticipated that the budget will outturn within target.

9.         Other services are anticipated to outturn on target by year end. 

Capital

 

10.     Appendix 2 details financial progress on the Capital Programme as at 30th April 2015.

11.      Housing Revenue Account Subsidy Buyout - Emergency Powers have been used to approve the inclusion of £63.156m in the capital programme for the Housing Revenue Account Subsidy Buyout.  A report to Cabinet on 15th December 2014 outlined the proposed changes to the Housing Revenue Account Subsidy system.

12.      Castleland Renewal Area - The approved budget for this heading is £996k, however, £100k will be required to enable outstanding works to be completed in the Penarth Renewal Area.  Cabinet will be requested to approve this virement.

13.      The monitoring report shows actual expenditure for the month of April 2015 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 2014/15 into 2015/16.  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.      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 Visible Services and Housing

 

Responsible Officer:

Miles Punter

 

 

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