Agenda item

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

Meeting of Cabinet, Monday, 28th February, 2022 2.01 pm (Item 8.)

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, 4^th March 2022. No call ins were received.

Supporting documents:

CAB280222 - Revenue Budget Monitoring Report as at December 2021, item 8. PDF 619 KB