Agenda item

Monthly Budget Monitoring Report 2021/22 - As at end of December 2021

Minutes:

Decisions:

 

1.      That the contents of the report in relation to the current      projected budget outturn position be noted.

 

2.      That the virements as detailed below be approved:

 

         

Dir.

Service Area

Transfer To £

Transfer

From £

SSH

Community care-social work

416,140

 

SSH

Community resource team

 

473,080

SSH

Community mental health team

56,940

 

Total

 

473,080

473,080

 

 

3.      That the reserve movements as detailed below be approved:

 

Dir.

Value to / (from) £

Reserve

Service Area

Reason

ELLL

(38,000)

Margam Discovery centre

Margam Discovery Centre

Agreed reduction due to COVID of money paid into renewal fund by Field study council

ELLL

38,000

Home to school transport

Home to school transport

To account for one less school day in 2021/22 due to Easter.  Additional day will fall into next financial year

ELLL

66,000

Corporate contingency

Community safety

Original reserve contribution not required in year due to savings

ELLL

393,000

Additional Learning Needs Reserve *New

Behaviour support strategy

Additional grant money received and will be used to offset existing expenditure

ELLL

328,000

Additional Learning Needs Reserve *New

Out of county placements

Delay in placement of children due to COVID

FCS

23,000

Corporate equalisation

Legal Services

To fund City deal expenditure in 2022/23

FCS

28,000

Building capacity and capability

Scrutiny

Cancellation of original reserve-no longer required

FCS

13,000

Building capacity and capability

Corporate Strategy

Cancellation of original reserve-no longer required

FCS

315,000

ICT renewals

ICT

Cancellation of original reserve-no longer required

SSH

840,000

Transformation

 

Residential Care-External provision

To fund covid recovery work in 2022/23

SSH

720,000

Transformation

Domiciliary Care

To fund the cost of digital switch in assistive technology

ENV

260,000

Corporate contingency

Economic Development

Additional grants to business no longer required in 2021/22

ENV

(100,000)

Corporate contingency

European Unit

£150k of original reserve £250k required in future years for levelling up bids

ENV

250,000

Dare reserve

Asset management

Original contribution request not needed until 22/23

ENV

50,000

Environmental equalisation

Pollution control

Money required in 2022/23 to fund temporary food analysist post

ENV

50,000

City Deal

City Deal

Delays in expenditure due to pandemic

ENV

(200,000)

Corporate Waste

 

 

Waste disposal

Aftercare costs at Giants grave

ENV

38,000

Asset recovery

General Environmental Health

Funding for one off post not required

ENV

17,000

Equalisation

Coastal protection

To fund scheme at Jersey Quay in 2022/23

ENV

162,000

Equalisation

Planning Development control

Scheme at Jersey Quay to be carried out in 2022/23

ENV

130,000

Transport

Transport Support

Vehicle purchases delayed until 2022/23

ENV

60,000

Transport

Community services transport unit

Additional grant funding received

ENV

85,000

Metal box

Estates

Ongoing work to be funded by a WG capital grant

ENV

140,000

Metal box

Non Operational land

Ongoing work to be funded by a WG capital grant

ENV

388,000

Metal box

Metal Box

Ongoing work to be funded by a WG capital grant

ENV

63,000

Metal box

Asset Management

Ongoing work to be funded by a WG capital grant

ENV

100,000

Baglan Bay Innovation Centre

Baglan Bay Innovation Centre

Underspend due to hardship claims  continuing for 21/22

ENV

25,000

Local Development Plan

Policy

Funds not required in 2021/22

TOTAL

4.244m

 

 

 

 

 

Reason for Decisions:

 

To update the Council’s budget for virements and reserve movements, in accordance with the Council’s constitution.

 

Implementation of Decisions:

 

The decision will be implemented after the three day call in period which ends at 9am, Friday, 4th March 2022. No call ins were received.

Supporting documents: