Agenda Item No. 4

 

The Vale of Glamorgan Council

 

Scrutiny Committee (Housing and Public Protection) 16th July 2014

 

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 to 31st May 2014

 

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 31st May 2014 regarding those revenue and capital budgets, which form this Committee’s remit.

Recommendation

It is recommended that :

 

1.         The position with regard to the 2014/15 Revenue and Capital Budgets are noted.

Reason for the Recommendation

1.         That Scrutiny Committee note the position with regard to the 2014/15 revenue and capital monitoring.

Background

2.         Council on the 5th March 2014 (minute no 884, 883 and 882 respectively) approved the Revenue, Capital and Housing Revenue Budgets for 2014/15.  Reports monitoring expenditure are brought to this committee on a regular basis.

Relevant Issues and Options

Revenue

 

3.         The Revenue Budget and projected outturn for 2014/15 are shown in the table below.  As it is very early in the financial year, the current forecast is for a balanced budget.

 

Housing & Public Protection	Revenue Budget	Probable Outturn	Variance (+ ) Favourable (-) Adverse
	£000	£000	£000
Public Sector Housing (HRA)	3,514	3,514	0
General Fund Housing	1,066	1,066	0
Private Sector Housing/Comm Safety	11,344	11,344	0
Public Protection	2,631	2,631	0
Youth Offending Service	664	664	0
TOTAL	19,219	19,219	0

 

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) - There is currently a £33k favourable variance.  The proposed restructure for Housing Services, has yet to be implemented. As a result there is slight underspend on profiled budget.  However at this early stage, it is still anticipated that the HRA will outturn on target.

6.         General Fund Housing - There is currently a £73k favourable variance.  At present the variance is due to the savings being made on the use of Temporary Accommodation for the homeless. This is still early in the year and it is, however, anticipated that the General Fund Housing budget will outturn on target.

7.         Public Protection - There is currently a favourable variance of £8k to the profiled budget.  The budget is currently expected to out-turn on target.

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

Capital

9.         Appendix 2 details financial progress on the Capital Programme as at 31st May 2014.

10.      Renewal Area - Cabinet on 24th February 2014, agreed that the Renewal Area Grant, once approved by the Welsh Government, could automatically be included in the 2014/15 Capital Programme.  Notification has now been received from WG that the allocation for 2014/15 will be £677,981.  This sum has therefore been included in Appendix 2.

11.      The monitoring report shows actual expenditure for the month of May 2014 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.

12.      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)

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.

Corporate/Service Objectives

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.

Background Papers

None

 

Contact Officer

Carolyn Michael (Operational Manager - Accountancy) (01446 709778)

 

Officers Consulted

Director of Development Services

Director of Visible Services and Housing

 

Responsible Officer:

Rob Thomas

Miles Punter