Agenda Item No. 4
The Vale of Glamorgan Council
Scrutiny Committee (Lifelong Learning): 9th September 2013
Report of the Chief Learning and Skills Officer
Revenue and Capital Monitoring for the period 1st April 2013 to 31st July 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 July 2013 regarding those revenue and capital budgets, which form this Committee’s remit.
It is recommended that :-
1. Scrutiny Committee note the position with regard to the 2013/14 revenue and capital monitoring.
Reason for the Recommendation
That Members are aware of the position with regard to the 2013/14 revenue and capital monitoring relevant to this Scrutiny Committee.
2. Council on the 6th March 2013 (minute nos. 943 and 942 respectively) approved the Revenue and Capital Budgets for 2013/14. Reports monitoring expenditure are brought to this Committee on a regular basis.
Relevant Issues and Options
3. The Revenue Budget and projected outturn for 2013/14 are shown in Appendix 1.
4. Overall, the Education Budget is projected to balance as at the end of March 2014. 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. Schools - The delegated budget relating to schools is expected to balance as any under/over spend is carried forward by schools.
6. School Improvement - Currently, there is a £30k overspend projected for year end. It is anticipated that this will be due to overspends of £20k due to the failure to achieve the vacancy provision, additional support required by the School Improvement Service of £13k, additional hours worked in Governor Support of £2k. These costs will be offset by a £5k underspend against subscriptions, as a result of savings against the WJEC subscription.
7. Access and Inclusion -Currently, there is a £30k underspend projected for year end. It is anticipated that there will be an overspend of £56k against Learning Support Assistants, an overspend of £77k against placements that do not fall under the joint funding arrangement. This will be offset by additional recoupment income generated from out of county placements of £186k. Also included within the Access and Inclusion projected outturn is an overspend of £23,000 against the jointly funded budget for Residential Placements for Looked After Children.
8. 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.
9. Education is projecting to transfer £170k to reserves as part of the Voluntary Early Retirement and Redundancy scheme. This is made up of £273k received from schools to repay arrangements made in previous years and £103k required to finance new arrangements under the scheme.
10. Libraries - There is currently a £16k favourable variance against the profiled budget due to staff vacancies, however, this will be utilised within the service during the coming months and the service is therefore anticipated to outturn on target at year end.
11. Youth Service - The service is currently breaking even against the profiled budget and is anticipated to outturn on target at year end.
12. Lifelong Learning - The service is currently breaking even against the profiled budget and is anticipated to outturn on target at year end.
13. Catering - There is currently a £41k favourable variance against the profiled budget. The service can be affected by external factors such as snow closure and the requirement to meet WG nutritional guidelines and therefore it is currently predicted that the budget will outturn on target at year end.
14. Appendix 2 details financial progress on the Capital Programme as at 31st July 2013.
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.
16. Demolition of St Cyres Comprehensive School - Cabinet on 29th July 2013 approved the demolition of the former St Cyres Comprehensive School buildings which are suffering high levels of vandalism whilst lying empty. It has been estimated that the costs of demolition are £300,000 and will be funded from the School Investment Strategy fund, which will be reimbursed by capital receipts. Cabinet will be requested to include this sum in the 2013/14 capital programme.
17. Appendix 3 provides non-financial information on all capital construction schemes.
Resource Implications (Financial and Employment)
18. As detailed in the body of the report
Sustainability and Climate Change Implications
19. As detailed in the body of the report
Legal Implications (to Include Human Rights Implications)
20. There are no legal implications
Crime and Disorder Implications
21. There are no crime and disorder implications
Equal Opportunities Implications (to include Welsh Language issues)
22. There are no equal opportunity implications
23. 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
24. The report is in accordance with the Policy Framework and Budget
Consultation (including Ward Member Consultation)
25. The appropriate Chief Officer has been consulted. This report does not require Ward Member consultation
Carolyn Michael (Senior Group Accountant) (01446 709778)
Chief Learning and Skills Officer
Head of Strategic Planning and Performance