Appendix 4
Perth and Kinross Council · 7 September 2022
Back to Finance and Resources Committee — 7 September 2022 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
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APPENDIX 4 PERTH & KINROSS COUNCIL - HOUSING REVENUE ACCOUNT 2022/23 PROJECTED OUTTURN (Based on expenditure to 30 June 2022) £'000 273 Housing Repairs A projected over spend within stores (£216,000) as a result of the increased cost of materials, diesel (£46,000) and gas & electricity (£37,000). These projected over spends are partially offset by staff slippage (£26,000). (50) Improvements Projected under spend on staff costs. 10 Letham, North & South Projected over spend on staff costs. 104 Perth City and Specialist Projected net over spends on electricity and gas costs within Sheltered Housing (£75,000) and staff costs (£29,000). 12 Housing Management Projected over spend on staff costs, including the Apprenticeship Levy. (186) Administration Projected under spend on bad debt provision (£350,000), lower corporate recharges compared to budget (£103,000), reduced recharges from the General Fund (£93,000) and under spends in non-staff budgets (£9,000). These are partially offset by projected over spends on void rent loss based on similar trend to last year (£262,000), void rates / Council Tax / utilities (£94,000) and recharges (£13,000). (7) Income Projected additional income from Interest on Revenue Balances (£25,000). (156) Capital Financed from Current Revenue As a result of the projected net over spends highlighted above, this is the reduction in the amount available to invest in the HRA capital programme from the Revenue Budget. 950 Specific Covid-19 Related Expenditure Projected expenditure funded by earmarked Reserves:- - Estate Based Initiatives - £100,000 - Project management capacity to take forward Multi-Storey Works - £62,000 - Electrical Inspection Condition Reports (EICR) and capacity - £398,000 - Repairs Backlog from 2021/22 - £150,000 - Tenancy Sustainment Fund - additional funding to support tenants in hardship - £50,000 - Service & Compliance capacity - £95,000 - Capacity to take forward land grabbing issues - £35,000 - Safer Communities Co-ordination - £38,000 - Support for Gypsy Travellers - £22,000 (950) Contribution from HRA Earmarked Reserve for Covid-19 0 Summary of Service Variances