Top

Top

Agenda Item No. 7

 

The Vale of Glamorgan Council

 

Scrutiny Committee (Housing and Public Protection): 6th January 2016

 

Report of the Director of Environment and Housing Services

 

Revenue and Capital Monitoring for the Period 1st April to 30th November 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 November 2015 regarding those revenue and capital budgets, which form this Committee's remit.

Recommendation

It is recommended that :

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

Reason for the Recommendation

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

Background

  1. On 16th November 2015, Cabinet approved the Amended Revenue and Capital Budgets for 2015/16 (minute no C2975 and C2974 respectively). Reports monitoring expenditure are brought to this committee on a regular basis.

Relevant Issues and Options

Revenue

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

Housing & Public Protection               

Amended Revenue Budget

Probable Outturn

Variance

(+ ) Favourable

(-) Adverse

 

£000

£000

£000

Public Sector Housing (HRA)

1,265

1,265

0

Council Fund Housing

1,116

1,116

0

Private Sector Housing

11,308

11,308

0

Regulatory

2,107

2,107

0

Youth Offending Service

679

679

0

TOTAL

16,475

16,475

0

  

  1. A graph and table setting out the variance between profiled budget and actual expenditure to date is attached at Appendix 1.
  2. Public Sector Housing (HRA) - The HRA is expected to outturn on target. Any underspends in year will be offset by additional contributions to Capital Expenditure to reduce the reliance on Unsupported Borrowing.
  3. Council Fund Housing - The Council Fund Housing budget is likely to outturn at £250k underspent based on current trends. As previously reported, the variance is due to savings being made on the use of temporary accommodation for the homeless. However, due to the uncertain pressures for the remaining part of the financial year on the homeless budget it is felt appropriate at this time to show a balanced budget.
  4. Private Housing - As previously reported, the fee income on Disabled Facilities Grants (DFG's) is higher than originally anticipated due to the high number of applications received during the year. Income on the Renewal Area however, is continuing to lag behind profile, off-setting the favourable variance on DFG's so at this stage it is anticipated that this service will outturn on target at year-end.
  5. Regulatory Services - The new Shared Service for Bridgend, Cardiff and the Vale of Glamorgan became operational on 1st May 2015. The last staff appointments as a result of the restructure should be completed by Christmas. Work will now be undertaken by the new management team to rationalise current working practices, with the emphasis on agile working across the 3 authorities. It is anticipated that this budget will outturn on target
  6. Other services are anticipated to outturn on target by year end.

Capital

  1. Appendix 2 details financial progress on the Capital Programme as at 30th November 2015.
  2. Appendix 3 provides non-financial information on capital construction schemes.
  3. 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)

  1. As detailed in the body of the report.

Sustainability and Climate Change Implications

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

Legal Implications (to Include Human Rights Implications)

  1. There are no legal implications.

Crime and Disorder Implications

  1. There are no crime and disorder implications.

Equal Opportunities Implications (to include Welsh Language issues)

  1. There are no equal opportunity implications.

Corporate/Service Objectives

  1. 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

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

Consultation (including Ward Member Consultation)

  1. 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 Environment and Housing Services

Responsible Officer:

Miles Punter

 

Share on facebook Like us on Facebook