Meeting documents

Financial Plan Changes - 2006/07 Budget

Annex 1 To Appendix 3

Changes to Revenue Items already built into base draft financial plan for 2006/07 to 2008/09 (provisional) for budget planning purposes

LATEST changes highlighted - in 2008/09 no approved figures to date as new year 3

All in £k

Memo: 05/06 Change on 04/05

06/07 year on year change from 05/06

07/08 year on year change from 06/07

Cumulative movement from 06/07 to end 07/08

08/09 year on year change from 07/08

Cumulative movement on 06/07 to end 08/09

Opening Budget including DSG

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Developments & Growth - all services except Education & Social Services

RCC 40

Corporate Support - Democracy

Elections and Parish Elections

0

0

160

160

-160

0

PTE22a

Waste Management

Recycling Initiatives and increased waste operator costs

0

0

80

80

80

160

PTE 40

Waste Management

Landfill Tax

180

180

184

364

188

552

PTE37

Waste Management

Increased waste tonnage

38

38

40

78

42

120

PTE 53

Waste Management

Organics Collection (includes £16k pa investment - from savings targets)

-44

-75

16

-59

0

-59

PTE 55

Waste Management

Initiatives to reduce future waste volumes

0

120

0

120

0

120

PTE15

Planning Policy

Additional costs of B&NES Local Plan including public inquiry and rolling fund for other statutory land-use plans

-164

-91

0

-91

0

-91

Corp6

Corporate Support -Training

Maintain current and increase corporate training budget.

25

25

0

25

0

25

RCC 34

FOI

Freedom of Information and Information Security (in 2005/06 funded from risk management reserve)

0

145

0

145

0

145

RCC14 a

Long Term Office accommodation

Work SMART - see corresponding savings RCC14 b

137

292

606

898

1,197

2,095

Corp 2

Customer access programme

As recommended by Member Working Group, to progress programme and specifically to implement Corporate Contact Centre in 2005.

308

430

184

614

0

614

Corp 41

Public Service Agreement (PSA)

Revenue consequences capital PSA

22

21

0

21

0

21

Corp 62a

PSA Reward

Service one off initiatives or other corporate demands

0

1,100

0

1,100

-1,100

0

Corp 62a

PSA Reward

Income to balances

-1,100

0

-1,100

1,100

0

PTE 80

Concessionary fares

In 2006/07 grant settlement

741

0

741

0

741

Corp 67

Environment agency

Change in allocation method

95

0

95

0

95

RCC41

Property

Rating appeals

0

86

0

86

0

86

Corp10

Capital financing costs

Due to capital programme spending - offset by savings in Ex-Avon debt and capital review

1,743

2,395

1,266

3,661

1,949

5,610

Corp 62b

PSA reward grant

Allocated to balances

0

0

0

0

0

0

Corp 71

Single status

No additional funding - assumed self financing implementation & corresponding savings

0

0

0

0

0

0

Corp 72

Spa claims

If capitalisation not allowed will require repayment of balances

240

240

0

240

Corp 34

Need to replenish balances

Maintain 400k p.a. from 2006/07

-450

-300

252

-48

222

174

Repayment balances for reorganisation

5 year repayment £400k cost - contribution to balances

0

80

80

0

80

All

Pension costs

Ongoing increases - see corresponding savings

871

871

0

871

0

871

Corp 64

Headroom

Money available to meet other pressures or mitigate savings

0

0

157

157

102

259

Savings - all services except Education & Social Services

DG #7

Additional asset sales

Reduction in debt charges via additional receipts

-1,425

0

-1,425

0

-1,425

Corp 10b

Lambridge

Repayment Lambridge balances

0

-175

0

-175

0

-175

C6 and C7 and OP22

Leisure

Leisure Trust - savings in rates, increased investment. Plus review and renegotiate dual use sports facilities.

-34

-90

-169

-259

0

-259

DG #1

Additional income

Car Parking

-200

0

-200

0

-200

DG #2

Additional income

Planning

-100

0

-100

0

-100

DG #3

New systems

Installation of new systems and savings arising from them

0

0

0

0

DG #4

Hous & Env Health

Merging of functions

0

0

0

0

DG #5

DSO

Review of costs and operations and market test

0

0

0

0

DG #6

Film office

More external sponsorship & income

0

0

0

0

All

Pension savings

Ongoing savings to fund increases

-871

-871

0

-871

0

-871

RCC 14b

Long Term Office accommodation

Work SMART savings

-100

-606

-706

-1,197

-1,903

Repayment balances for reorganisation

5 year repayment £400k cost - corresponding savings

0

-80

-80

0

-80

Corp 64

Headroom

Additional service savings to meet 5% target C tax incl Ed & SS

0

-500

0

-500

0

-500

C40

Heritage

Heritage Recovery Plan - Recovery of profit shortfall in 2001/02 and increase in annual profit over 4 year plan.

-146

-175

-94

-269

0

-269

Corp 51

Savings

Future Savings Targets

-139

-300

0

-300

0

-300

Corp 70

RCCO

Reduce budget to zero

-60

0

-60

0

-60

New

Debt charge financing

Highways

-24

-99

-123

-82

-205

New

Debt charge financing

Property

-5

-19

-24

-19

-43

Corp

Savings

General inbuilt Savings Targets - all services except Education & Social Services

-508

-485

-486

-971

-486

-1,457

Sub Total

968

463

1,712

1,836

Inflation Allocations - final allocation in future years dependent on inflation models in those years

C13split

Libraries

Inflation Provision

45

45

45

90

45

135

RCC16

Corp Support

Inflation Provision

119

119

119

238

119

357

C13split

Youth & Community & Arts

Inflation Provision

50

50

50

100

50

150

OP32

Operations

Inflation Provision

31

31

31

62

31

93

C13split

Leisure

Inflation Provision

109

109

109

218

109

327

HP5

Env & Consumer

Inflation Provision

44

44

44

88

44

132

PTE28

Planning Transportation and Environment areas

Inflation Provision

684

352

684

1,036

684

1,720

EDT5

Economic Development & Tourism

Inflation Provision

36

36

36

72

36

108

RCC16

Resources

Inflation Provision

220

220

220

440

220

660

HP5

Housing

Inflation Provision

53

53

53

106

53

159

Corp8/9

Corp & Agency

Inflation Provision

90

-10

-10

-20

-10

-30

Corp9a

DAT, YOT & Community Safety

Inflation Provision

20

20

20

40

20

60

Fuel

Higher increase in fuel costs

360

166

526

0

526

Inflation on inflation

Contingency as expenditure grows

0

56

56

114

170

Sub Total

1,501

1,429

1,623

3,052

1,515

4,567

Education

EDUC

Passport

Amount Passported (schools) in DSG

0

5,691

4,613

10,304

4,798

15,102

EDUC

Passport

Amount Passported (schools) other

5,452

0

460

460

EDUC

Passport

Amount Passported (LEA)

300

300

600

300

900

DG#8

Additional

Savings

0

-79

0

-79

0

-79

EDUC

Savings

Savings Target (amended for ring fencing from 2006/07)

-773

-67

-67

-134

-67

-201

Sub Total

4,679

5,845

5,306

10,691

5,491

15,722

Social Services

SOC

Passport

Amount Passported

3,644

2,639

1,829

4,468

1,829

6,297

SOC

Additional

Additional funding

1,300

470

470

470

SOC

Savings

Savings Target

-571

-571

-571

-1,142

-571

-1,713

Sub Total

4,373

2,538

1,258

3,796

1,258

5,054

Overall Total movement

11,521

10,276

9,899

17,539

10,100

25,343

New budget

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