Meeting documents

WDC Info Sheets - Environment Improvement & Scrutiny
Thursday, 22nd July, 2004

Info Sheets - Environment Improvement & Scrutiny 2004, 4-2004 1st Quarter Budgetary Control Report

 

 

 

     INFORMATION SHEET

 

Environment Improvement and Scrutiny Committee

Issue No: 4/2004

Date Issued: 22 July 2004

1st Quarters Budgetary Control Report incorporating General Fund End Services and Capital Programme

Officer contact: Brenda Watson e:mail – brenda_watson@wycombe.gov.uk  Tel: 01494 421316

 

BUDGETARY CONTROL REPORT TO 30 JUNE 2004

The tables below report the budgetary control positions for the General Fund and the Capital Programme for the first 3 months of the financial year 2004/2005.  

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 June 2004.  These figures exclude any under/overspending on Business Units.  At the end of June there is a total net underspend of £2,598,000 compared to the profiled budget. This is represented by delayed expenditure of £1,687,000 and misprofiled budgets of £450,000 leaving a surplus of £461,000.  However, there is also a net overspend on Business Units of £436,000 which reduce this surplus to £25,000.

 

 

 

 

 

 

General Fund Totals By Cabinet Member
 

Area

Analysis

Full Year Budget

Profiled Budget          Y-T-D

Actual + Commitments

Variance

 

 
 

 

 

£,000's

£,000's

£,000’s

£,000’s
 

Planning

Expenditure

3,805

951

931

20
 

Income

(1,352)

(338)

(345)

7
 

Net Spend

2,453

613

586

27
 

Environment

Expenditure

10,857

3,023

2,008

1,016
 

Income

(5,651)

(1,496)

(1,669)

172
 

Net Spend

5,206

1,527

339

1,188
 

Resources

Expenditure

40,509

15,780

13,732

2,048
 

Income

(36,745)

(8,811)

(8,001)

(810)
 

Net Spend

3,764

6,969

5,731

1,238
 

Support Services

Expenditure

4,950

1,255

1,651

(396)
 

Income

(2,286)

(571)

(587)

16
 

Net Spend

2,664

684

1,064

(380)
 

Community

Expenditure

2,393

860

773

87
 

Income

(881)

(253)

(241)

(12)
 

Net Spend

1,512

607

532

75
 

Housing

Expenditure

2,794

985

757

228
 

Income

(642)

(183)

(197)

14
 

Net Spend

2,152

802

560

242
 

Leisure

Expenditure

7,121

1,821

1,643

178
 

Income

(1,746)

(205)

(189)

(16)
 

Net Spend

5,375

1,616

1,454

162
 

Transport

& Employment

Expenditure

1,124

312

266

46
 

Income

(26)

(4)

(4)

0
 

Net Spend

1,098

308

262

46
 

Total Expenditure

73,554

24,987

21,761

3,226
 

Total Income

(43,330)

(11,861)

(11,233)

(628)
 

Net Total Spend/Surplus 

24,224

13,126

10,528

2,598
 

 

Commentary on Major Variances

The above table is presented in line with the portfolio structure.  All of the figures included in this report have been presented to budget holders and where appropriate issues have been highlighted to and actions identified. These will be monitored and reported on to Strategic Directors Board where appropriate.

A brief explanation of the significant variances is provided in the commentary section below.

Planning – This is currently showing an underspend of £27k against budget. Building Control income is £16k lower than budget but this is more than off set with Development control income at £22k better than budget. Other positive variances can be attributed to budget phasing differences.

Environment –This is showing a surplus of £1,188k at the end of the first quarter.  In the main this is due to late payment of NNDR on car parks of £467k.  The remainder is in relation to cleansing contract payments as inherently the contractor is a month behind with invoicing.

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 three months of the year.

Capital Programme Summary 2004 - 2005
 

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

1,619

743

1,013

(270)

606

Customer Services

1,490

320

452

(132)

1,038

Community & Housing

565

192

45

147

520

Planning & Major Projects

8,387

1,275

(185)

1,460

8,572

Total for Operational Schemes

12,061

2,530

1,325

1,205

10,736

 

 

 

 

 

 

Funded Schemes

18,339

 

(7)

7

18,346

Creditor Provisions B/Fwd

 

 

(18)

18

18

Total Capital Programme

30,400

2,530

1,300

1,230

29,100

 

Commentary on Operational Schemes

There are currently 38 operational schemes and 34 funded – Protected schemes. The reported overspends against Corporate Resources and Customer Services are due to budget phasing differences and project officers have been requested to supply updates to the current budget phasings. Within Community & Housing the Lane End Community Centre has outstanding brought forward Creditor provisions of £37,400 and within Planning Directorate the H W Town Centre Development Scheme has £791,632 outstanding Creditor provisions relating to CPO’s committed but not yet paid.  The budget balance remaining on Operational schemes is £10.7 million.