Agenda Item No
The Vale of Glamorgan Council
Scrutiny Committee (Lifelong Learning): 25th June 2012
Report of the Chief Executive.
Revenue and Capital Monitoring for the period 1st April 2012 to 30th April 2012
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 30th April 2012 regarding those revenue and capital budgets, which form this Committee’s remit.
1. It is recommended that the Scrutiny Committee note the position with regard to the 2012/13 revenue and capital monitoring.
Reasons for the Recommendations
1. That members are aware of the position with regard to the 2012/13 revenue and capital monitoring relevant to this scrutiny committee.
2. Council on the 7th March 2012 (minute no 951 and 950 respectively) approved the Revenue and Capital 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 2012/2013 are shown in Appendix 1.
4. Overall, the Education Budget is projected to balance as at the end of March 2013. Any savings identified between now and the end of the year will be available to re-direct into the School Investment Strategy or other reserves.
5. Provision has been made within the budget for the annual cost of financing the School Investment Strategy of £600,000. This sum will be transferred to the School Investment Strategy Reserve.
6. The delegated budget relating to schools is expected to balance as any under/over spend is carried forward by schools
Grant Related Expenditure
7. Schools have access to the following Welsh Assembly funded grants:
8. Pupil Deprivation Grant £1,073,700 is a new grant to support the Welsh Government priority to reduce the impact of poverty upon educational attainment.
9. Minority Ethnic Achievement Grant £229,512 to support and improve standards of achievement for pupils from minority ethnic backgrounds.
10. Grant for the Education of Gypsy and Traveller Children £17,000 (to be match funded by the LEA) funding is provided to improve Educational opportunities and standards of achievement for all eligible persons.
11. Schools Effectiveness Grant (SEG) £1,315,066 (inclusive of match funding by the LEA) The purpose of the grant is to drive the three priority areas of literacy, numeracy and reducing the impact of child poverty on educational attainment.
12. Welsh Education Grant (WEG) £261,400 (inclusive of match funding by the LEA) the grant is intended to be linked to the delivery of the Welsh in Education Strategic Plans however as 2012/13 is a transitional year the grant supports a range of expenditure similar to that supported by Priority Area 2 of Better Schools Fund.
13. 14-19 Learning Pathways £676,700 to support activity as detailed in the Local Authority’s Annual Network Development Plan. Additional sums have been delegated to the Central South Consortia to assist with transition to regional working.
14. Language and Play £46,109 is available to support the continuing delivery of Language and Play approaches, assisting parents in developing language and number skills of their children.
15. Foundation Phase Revenue funding £3,985,127 to support continuing roll out of the scheme, ongoing training and assessment materials.
16. School Uniform Grant Scheme to assist families on low incomes with the purchase of school uniform for children entering year 7 of secondary education. Allocated sum of £2,930 for administration costs and £23,835 indicative grant available for eligible pupils.
17. Details of any other grants which have not yet been confirmed will be reported in subsequent monitoring reports.
18. Appendix 2 details financial progress on the Capital Programme as at 30th April 2012.
19. The monitoring report shows actual expenditure spent for the month of April 2012 and is matched by a similar figure in the profile to date column, thereby showing no variances.
20. Members should be aware that Appendix 2 does not include requests for unspent committed expenditure to be slipped from 2011/12 into 2012/13. A request for this slippage will be included in the Closing Down report presented to future Cabinet and Scrutiny meetings. The request will also be referred to Council for approval.
21. 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.
Resource Implications (Financial and Employment and Climate Change, if appropriate)
22. As detailed in the body of the report
Legal Implications (to Include Human Rights Implications)
23. There are no legal implications
Crime and Disorder Implications
24. There are no crime and disorder implications
Equal Opportunities Implications (to include Welsh Language issues)
25. There are no equal opportunity implications
26. 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
27. The report is in accordance with the Policy Framework and Budget
Consultation (including Ward Member Consultation)
28. The appropriate Chief Officer has been consulted. This report does not require Ward Member consultation
Carolyn Michael (Senior Group Accountant) (01446 709778)
John Maitland Evans - Chief Executive