Meeting documents

WDC Info Sheets - Environment Improvement & Scrutiny
Thursday, 29th January, 2004

Info Sheets - Environment Improvement & Scrutiny 2004, 1-2004 3rd Quarters Budgetary Control Report incorporating General Fund End Services and Capital Programme

 

 

 

     INFORMATION SHEET

 

Environment Improvement & Scrutiny Committee

Issue No: 1/2004

Date Issued: 29 January 2004

3rd Quarters Budgetary Control Report incorporating General Fund End Services and Capital Programme.

Officer contact: Brenda Watson DDI (01494) 421316          Email brenda_watson@wycombe.gov.uk

 

BUDGETARY CONTROL REPORT TO 31 DECEMBER 2003

 

The tables below report the budgetary control positions for the General Fund and the Capital Programme for the first 9 months of the financial year 2003/2004.  

 

A bracketed figure () is a negative figure.  It is used to identify either income or a variance that leaves the Authority in a worse financial position, such as over spending or lower collection of income.  A non-bracketed figure is positive and will either represent expenditure or a variance that leaves the Authority in a better financial position, such as underspending or additional income generation.

 

GENERAL FUND POSITION

 

Set out below is the General Fund position as at the end of December 2003.  These figures exclude any under/overspending on Business Units.  At the end of December there is an underspend of £1,096k compared to the profiled budget.

 

 

Table A – General Fund Totals By Cabinet Member

 

Area

Analysis

Full Year Budget

Profiled Budget          Y-T-D

Actual + Commitments

Variance

 

 

Accountancy Projected Surplus / (Deficit)
 

 

 

£,000's

£,000's

£,000’s

£,000’s

£,000’s
 

Environment

Expenditure

10,649

7,528

7,354

174

100
 

Income

(4,974)

(3755)

(4006)

251

100
 

Net Spend

5,675

3,773

3,348

425

200
 

Planning

Expenditure

3,446

2,584

2,551

33

5
 

Income

(1,226)

(919)

(940)

21

0
 

Net Spend

2,220

1,665

1,611

54

5
 

Transport

& Employment

Expenditure

1,502

1,134

1,073

61

0
 

Income

(23)

(12)

(52)

40

0
 

Net Spend

1,479

1,122

1,021

101

0
 

 

 

 

 

 

 

 
 

Resources

Expenditure

24,589

19,723

19,471

252

250
 

Income

(20,034)

(15,770)

(16,204)

434

0
 

Net Spend

4,555

3,953

3,267

686

250
 

Support Services

Expenditure

4,742

3,659

3,654

5

10
 

Income

(2,180)

(1,549)

(1,511)

(38)

(87)
 

Net Spend

2,562

2,110

2,143

(33)

(77)
 

Community

Expenditure

2,469

1,942

1,925

17

0
 

Income

(1,002)

(774)

(727)

(47)

0
 

Net Spend

1,467

1,168

1,198

(30)

0
 

Housing

Expenditure

4,150

3,237

3,113

124

(20)
 

Income

(1,719)

(1,233)

(1,111)

(122)

(10)
 

Net Spend

2,431

2,004

2,002

2

(30)
 

Leisure

Expenditure

7,011

5,090

5,119

(29)

0
 

Income

(1,902)

(682)

(602)

(80)

(33)
 

Net Spend

5,109

4,408

4,517

(109)

(33)
 

Contribution from Working Balances (Homelessness)

(230)

 

 

 

(230)
 

Total Expenditure

58,328

44,897

44,260

637

115
 

Total Income

(33,060)

24,694

25,153

459

(30)
 

Net Total Spend/Surplus 

25,268

20,203

19,107

1,096

85
 

One off Windfalls

 

 

 

 

500
 

Total surplus

 

 

 

 

585
 

 

 

Commentary on Major Variances

 

Environment – This is currently showing an underspend of £425k.  This is mainly due to both underspending on car park supplies and services (£80k) and additional income (£161k).  There is currently a surplus of £130k on Waste Collection/Disposal which is due to both underspending on Supplies & Services (£90k) and additional income against profiled budget of £40k.  Public Conveniences are currently underspent by £34k which is in the main due to underspending on Repairs and Renewals.

 

Planning – Expenditure shows a saving of £33k on budget however expenditure is expected to rise in the last quarter to give a potential saving of £5k at year end. Income is better than budget by £21k as at the end of December, however this is expected to come in line with budget so that by year end the budget position will be achieved.

 

Transport & Employment – Expenditure is reported as £61k lower than budget due mainly to expenditure phasing differences on Planning Grants to Voluntary Organisations and Business Development. Income shows £40k over budget due to balances held on Business Development against expected spend on business events later in the year and invoices raised in advance. These services are expected to reach breakeven by the year end.

 

CAPITAL PROGRAMME

 

The schemes contained in the Capital Programme have been divided into two distinct areas:

 

·

Operational Schemes – These are schemes which have approval from CREAM to proceed with implementation and consequently the budget has been released.

·

Funded Schemes – These are schemes which have provisional approval as part of the overall estimate process and funding has been set aside. However, no specific approval has been granted by CREAM to release any monies, as a full business case and project plan (PRINCE 2) have yet to be submitted.

 

The table below presents by Directorate the current position for operational schemes for the first six months of the year.

 

Table B – Capital Programme Summary 2003 - 2004

Directorate

Total Approved Budget       

£,000’s

Budget Y-T-D

 

£,000’s

Actual + Commitments

 

£,000’s

Variance to Budget

 

£,000’s

Balance Remaining on Schemes

£,000’s

Operational Schemes

 

 

 

 

 

Corporate Resources

2,049

2,024

1,624

400

425

Customer Services

1,907

1,400

1,287

113

620

Community & Housing

737

442

373

69

364

Planning & Major Projects

9,154

6,688

864

5,824

8,290

Total for Operational Schemes

13,847

10,554

4,148

6,406

9,699

 

 

 

 

 

 

Funded Schemes

9,950

210

141

69

9,809

Creditor Provisions B/Fwd

0

0

(21)

21

21

Total Capital Programme

23,797

10,764

4,268

6,496

19,529

 

Commentary on Operational Schemes

 

The current capital programme for 2003-04, includes the contingency balance of £1.05m and carryover from 2002-2003 of £17.7m. There are currently 34 operational schemes with 3 fully completed. The positive budget variance shown against Planning & Major Projects is mainly as a result of Phoenix Project phasing which is currently being reviewed. The positive variance against Corporate Resources relates to IT project spend and again budget phasing needs to be reviewed. The Customer Services figures included budget virement of £300k for Renovation Grants and also there is a need to review phasing on other projects. The total spend shown of £4.27m includes commitments totalling £1.07m.