Committee : SOCIAL
SERVICES, HOUSING AND BENEFITS SELECT COMMITTEE
Date : 3
JULY 2002
Title : BUDGET
MONITORING REPORT AS AT END OF MAY 02 AND PROVISIONAL OUTTURN FOR YEAR ENDED 31
MARCH 02
1.
SUMMARY/PURPOSE
This report sets out the budget and spending position on both revenue
and capital for the services within this Committee remit, as at the end of
May. The figures do not include budgets
that are controlled elsewhere. These
are monitored by the Committee, which bears responsibility for the item
concerned. (For example, Resources
Select Committee monitors the building maintenance budget centrally, and
building maintenance costs are not therefore shown against individual services
below).
Also included is a provisional outturn statement for the year ended 31
March 02 for the Directorate of Social Services and Housing. There are still some accounting adjustments
to be actioned but these should not result in a significant variation from the
amounts shown and is broadly in line with previous projections.
2.
REVENUE EXPENDITURE (2002/03)
The expenditure and income up to 31st
May 2002 for the Social Services and Housing budgets are set out in appendix 1.
At this stage it is not possible to draw any
firm conclusions about the likely outturn for year on the basis of this
information.
1.
REVENUE PROVISIONAL OUTTURN (2001/02)
The provisional outturn for 2001/02 is shown in appendix 3. The figure we are now projecting is an overspend of £597,000,
slightly up on £570,000 reported last time.
This is because of the impact of one placement for a man with a Learning
Disability, which will cost the Council £120,000 p.a.
2.
CAPITAL EXPENDITURE
The expenditure is set out in appendix 2. We will be reporting on this area at each Committee. Most of the allocation is for social
housing. The pattern of expenditure
tends to mean that most of the money is spent in the last quarter of the
financial year.
Contact Point : Charles Waddicor, ( 520600 ext. 2225
C WADDICOR
Strategic Director, Social Services and Housing