Revenue and Capital Budget Monitoring 2026-27 at 19 June 2026
Renfrewshire Council · 10 September 2026
Back to Finance, Resources and Customer Services Policy Board — 10 September 2026 and its agenda
Text extracted from the council's PDF. Layout and reading order may differ from the original.
Page 1
PUBLIC ___________________________________________________________________ To: Finance, Resources and Customer Services Policy Board On: 10 September 2026 ___________________________________________________________________ Report by: Director of Finance and Resources ___________________________________________________________________ Heading: Revenue and Capital Budget Monitoring 2026/27 at 19 June 2026 ___________________________________________________________________ 1. Summary 1.1 At the close of reporting Period 3 on 19 June 2026, the projected revenue outturn at 31 March 2027 for those services reporting to the Finance, Resources and Customer Services Policy Board is an underspend position of £0.198m (0.2%) against the revised budget for the year. 1.2 The projected capital outturn at 31 March 2027 for projects reporting to the Finance, Resources and Customer Services Policy Board is a break-even position. 1.3 This is summarised over the relevant services in the table below and further analysis is provided in the report and appendices. Revised Annual Budget £000 Projected Outturn £000 Budget Variance (Adv)/Fav £000 Budget Variance % Revenue Finance and Resources 58,003 57,988 15 (0.0%) Environment, Housing and Infrastructure 33,280 33,078 202 0.6% Chief Executive's Service (Estates) 668 687 (19) (2.8%) Miscellaneous 22,195 22,195 0 0% Total 114,146 113,948 198 (0.2%) Capital Finance, Resources and Customer Services Policy Board 9,394 9,394 0 0%
Page 2
PUBLIC 2. Recommendations 2.1 Members are requested to: a) Note the projected Revenue outturn underspend position of £0.198m; b) Note the projected Capital outturn break-even position; and c) Note the budget adjustments detailed at sections 6 and 7. 3. Revenue Budget Projection – underspend of £0.198m by 31 March 2027 3.1 The tables in Appendix 1 present the projected year-end position for all services reporting to this Board, by both subjective analysis (what the budget is spent on) and objective analysis (which division is spending the budget). Significant variances affecting the projected position are analysed further below. 3.2 It should be noted that the projected outturn position reported here is based on the latest information available, which is subject to change during the financial year. The impact of any change on this projection will be updated at each board cycle until the close of reporting Period 10. Budget holders are obliged to seek mitigating action to minimise significant budget variances. 4. Objective Analysis – Significant Variances 4.1 Environment, Housing and Infrastructure - £0.202m under spend Overall, Soft Facilities Management is forecasting an underspend of £0.202m. This is predominantly due a projected underspend in employee costs which is linked to the level of vacancies within the service and staff turnover. This underspend is offset by an overspend within supplies and services, which is in relation to one-off spend on equipment. Income is forecast to be £0.157m under-recovered within Property Services. 5. Subjective Analysis – Significant Variances 5.1 Employee Costs - £1.094m underspend This is mainly as a result of a projected underspend within Environment, Housing and Infrastructure of £1.177m, which reflects current staff turnover and recruitment challenges within Soft FM. Within Property, this is managed in line with the spend on consultants and the projects being undertaken this year.
Page 3
PUBLIC 5.2 Supplies & Services - £0.270m overspend Soft FM (within Environment, Housing and Infrastructure) is projecting an overspend of £0.338m, which in the main is due to one-off spend for equipment. This will continue to be monitored throughout the year. The impact on the overall position is being managed within the bottom line, with part of the overspend offset by underspends in employee costs, as detailed above. 5.3 Income - £0.113m under recovered. The projected under-recovery of income in the main relates to Property Services and is primarily due to a reduction in employee charges to capital which reflects the timing of projects that are currently being undertaken. 6. Revenue Budget Virements 6.1. Under the Council’s financial regulations, Directors and their nominated officers, in consultation with the Director of Finance and Resources, have certain delegated authority to transfer sums between subjective budget headings within a service division to enable budget management throughout the financial year. This is known as budget virement. 6.2. Transfers between divisions of the same service / department in excess of £100,000, and transfers between services / departments must be authorised by the respective service Director and the Director of Finance and Resources for submission to the relevant policy board for approval. 6.3. Budget adjustments (for noting only) processed since the approval of the Revenue Estimates amount to £0.844m and are outlined in the table below, for information. Revenue Budget Adjustments for noting New Funding Objective Heading Subjective Heading Amount (£m) Reason Finance & Resources Third Party Payments 0.398 Scottish Government additional allocation for the targeted Council Tax revaluation of dwellings Finance & Resources Employees 0.016 Scottish Government additional allocation of DHP to mitigate the LHA freeze for families Transfer Payments 0.754
Page 4
PUBLIC Re-allocations of approved funding (pay inflation) Objective Heading Subjective Heading Amount (£m) Reason Miscellaneous Employees (0.604) Allocation to services of funding for residual pay inflation and the revision to employer’s pension contributions Environment, Housing & Infrastructure Employees (0.220) Alignment of budgets within the Environment, Housing & Infrastructure Service – Soft Facilities Management and Property Services to Directorate (which reports to ILE Policy Board) Drawdown from ringfenced reserves Amount (£m) Drawdown from the Council’s Service Modernisation and Reform reserve to transform services to provide an improved experience for citizens and local communities 0.270 Drawdown of prior years’ Discretionary Housing Payment underspend to fund the 2026/27 programme (per the Business Services Performance Report) 0.043 Drawdown of prior years’ Scottish Welfare Fund underspend to fund the 2026/27 programme (as per the Business Services Performance Report) 0.124 7. Capital Budget Projection – break even position by 31 March 2027 7.1 The revised Capital Investment Programme 2026/27 to 2035/36 was approved by the Council on 14 May 2026. The Finance, Resources and Customer Services approved capital spend for 2026/27 was £6.265m. 7.2 The in-year Capital budget is forecast to break even by 31 March 2027, however, this will be monitored as the projects progress. Further details of the programme can be found in the Capital Monitoring report at Appendix 2. 7.3 Budget adjustments have taken place between years to reflect revised programming of some capital projects. The resulting capital budget for 2026/27 is £9.394m, and details of the adjustments, which amount to £3.129m, are as follows: Project Amount (£m) Budget carried forward into 2026/27 - updated cashflows ICT Infrastructure Maintenance & Renewal Programme 0.292 Lifecycle Capital Maintenance (LCM) Fund 0.410 Artificial Pitch Upgrades 0.477 Artificial Pitches (Schools) 0.085 Digital Infrastructure Provision 0.029
Page 5
PUBLIC Budget carried forward into 2026/27 - updated cashflows Community Empowerment Fund 0.233 Greenspaces and Parks 0.054 Villages Improvement Fund 0.188 Retail Improvement Fund 0.001 Budget reallocated between projects 2026/27 - updated cashflows Lifecycle Capital Maintenance (LCM) Fund 0.476 Artificial Pitches Upgrade (0.476) Artificial Pitches (Schools) committed from Budget Motion 2026/27 1.400 Budget reallocated to Revenue 2026/27 Villages Improvement Fund (0.040) Project Amount 3.129 Implications of the Report 1. Financial The projected budget outturn position for Finance, Resources and Customer Services’ Revenue budget is an underspend of £0.198m (0.2%) at 31 March 2027. Income and expenditure will continue to be monitored closely for the rest of the financial year, with steps being taken as far as possible to mitigate any overspends. The projected outturn position for Finance, Resources and Customer Services’ Capital budget is break-even, after the adjustments outlined at section 7. 2. HR & Organisational Development While staffing budgets form a significant proportion of the Council’s revenue budgets, there are no direct implications arising from the recommendations in this report. 3. Community/Council Planning Community Plan Our Renfrewshire is thriving The Council’s revenue and capital spend ensures that its facilities are fit for purpose and safe for the community, to maximise accessibility. Our Renfrewshire is well Our Renfrewshire is fair Our Renfrewshire is safe Council Plan Reshaping our place, our economy, and our future The Council’s revenue and capital spend ensures that its facilities are fit for
Page 6
PUBLIC Council Plan Building strong, safe, and resilient communities purpose and safe for the community, to maximise accessibility. Tackling inequality, ensuring opportunities for all Creating a sustainable Renfrewshire for all to enjoy Ongoing revenue and capital budget monitoring is a tool to enable good financial management so that the Council has resources now and in the future for continued service delivery. Working together to improve outcomes 4. Legal There are no direct implications arising from the recommendations in this report. 5. Property/Assets The capital expenditure noted in this report will result mainly in lifecycle maintenance improvements to existing properties, replacement of ICT assets and infrastructure and replacement of artificial pitches. 6. Information Technology While ICT assets and revenue costs are included within these reported budgets, there are no direct implications arising from the recommendations in this report. 7. Equality & Human Rights While new areas of spend may impact on particular groups, any such impact would be assessed prior to the spend being incurred, therefore there are no direct implications arising from the recommendations in this report. 8. Health & Safety The capital expenditure noted in this report will result in lifecycle maintenance improvements to existing properties and replacement of ICT assets, which may in some cases improve health and safety measures. 9. Procurement While Procurement is an important consideration prior to the Council incurring any revenue or capital spend, there are no direct implications arising from the recommendations in this report. 10. Risk The potential financial risk that the Council will overspend its approved revenue budgets for the year is managed at a Council-wide level by the Chief Executive and Directors.
Page 7
PUBLIC 11. Privacy Impact There are no direct implications arising from the recommendations in this report. 12. Cosla Policy Position N/a 13. Children’s Rights There are no direct implications arising from the recommendations in this report. 14. Climate Change The Council aims to reduce its carbon and other emissions to net zero by 2030, however there are no direct implications arising from the recommendations in this report. List of Background Papers • Revenue Budget and Council Tax 2026/27, Council 26 February 2026 • Non-Housing Capital Investment Programme, Prudential Framework and Treasury Management Strategy, and Capital Strategy 2026/27 - 2035/36, Council 26 February 2026 Author: Valerie Howie and Lisa Dickie, Finance Business Partners; Alison Burns, Corporate Finance Manager; and Geoff Borland, Finance Manager.
Page 8
Appendix 1 PUBLIC RENFREWSHIRE COUNCIL REVENUE BUDGET MONITORING STATEMENT 2026/27 1 April 2026 to 19 June 2026 POLICY BOARD: FINANCE, RESOURCES & CUSTOMER SERVICES Objective Summary Approved Annual Budget Budget Adjustments Revised Annual Budget at Period 3 Projected Outturn Budget Variance (Adverse) or Favourable £000 £000 £000 £000 £000 % Finance and Resources 56,353 1,650 58,003 57,988 15 0.0% Environment, Housing and Infrastructure 33,451 (171) 33,280 33,078 202 0.6% Chief Executive's Service (Estates) 668 0 668 687 (19) (2.8%) Miscellaneous 22,830 (635) 22,195 22,195 0 0.0% NET EXPENDITURE 113,302 844 114,146 113,948 198 0.2% Subjective Summary Approved Annual Budget Budget Adjustments Revised Annual Budget at Period 3 Projected Outturn Budget Variance (Adverse) or Favourable £000 £000 £000 £000 £000 % Employees 97,374 197 97,571 96,804 767 0.8% Premises Related 12,517 109 12,626 12,762 (136) (1.1%) Transport Related 2,770 0 2,770 2,768 2 0.1% Supplies and Services 28,990 944 29,934 30,204 (270) (0.9%) Third Party Payments 1,956 398 2,354 2,352 2 0.1% Transfer Payments 40,316 696 41,012 41,023 (11) 0.0% Support Services 452 280 732 775 (43) (5.9%) Depreciation and Impairment Losses 20,449 0 20,449 20,449 0 0.0% GROSS EXPENDITURE 204,824 2,624 207,448 207,137 311 0.1% Income (91,522) (1,780) (93,302) (93,189) (113) (0.1%) NET EXPENDITURE 113,302 844 114,146 113,948 198 0.2%
Page 9
Appendix 1 PUBLIC RENFREWSHIRE COUNCIL REVENUE BUDGET MONITORING STATEMENT 2026/27 1 April 2026 to 19 June 2026 POLICY BOARD: FINANCE, RESOURCES & CUSTOMER SERVICES - FINANCE & RESOURCES Objective Summary Approved Annual Budget Budget Adjustments Revised Annual Budget at Period 3 Projected Outturn Budget Variance (Adverse) or Favourable £000 £000 £000 £000 £000 % Finance and Resources Directorate (493) 0 (493) (496) 3 0.6% Audit Services 591 0 591 552 39 6.6% Corporate Governance 4,422 0 4,422 4,367 55 1.2% Digital, Transformation & Customer Services 27,399 130 27,529 27,589 (60) (0.2%) Finance and Procurement 5,695 393 6,088 6,090 (2) 0.0% Business Services 8,897 162 9,059 9,050 9 0.1% People & Organisational Development 2,357 0 2,357 2,381 (24) (1.0%) Social care (non-delegated) 830 0 830 834 (4) (0.5%) Council and Externally Funded Schemes 6,655 965 7,620 7,621 (1) 0.0% NET EXPENDITURE 56,353 1,650 58,003 57,988 15 0.0%
Page 10
Appendix 1 PUBLIC RENFREWSHIRE COUNCIL REVENUE BUDGET MONITORING STATEMENT 2026/27 1 April 2026 to 19 June 2026 POLICY BOARD: FINANCE, RESOURCES & CUSTOMER SERVICES - FINANCE & RESOURCES Subjective Summary Approved Annual Budget Budget Adjustments Revised Annual Budget at Period 3 Projected Outturn Budget Variance (Adverse) or Favourable £000 £000 £000 £000 £000 % Employees 42,548 1,901 44,449 44,554 (105) (0.2%) Premises Related 2,791 (4) 2,787 2,772 15 0.5% Transport Related 266 0 266 277 (11) (4.1%) Supplies and Services 11,849 433 12,282 12,214 68 0.6% Third Party Payments 1,956 398 2,354 2,352 2 0.1% Transfer Payments 38,010 975 38,985 38,977 8 0.0% Support Services 241 0 241 266 (25) (10.4%) Depreciation and Impairment Losses 0 0 0 0 0 0.0% GROSS EXPENDITURE 97,661 3,703 101,364 101,412 (48) 0.0% Income (41,308) (2,053) (43,361) (43,424) 63 0.1% NET EXPENDITURE 56,353 1,650 58,003 57,988 15 0.0%
Page 11
Appendix 1 PUBLIC RENFREWSHIRE COUNCIL REVENUE BUDGET MONITORING STATEMENT 2026/27 1 April 2026 to 19 June 2026 POLICY BOARD: FINANCE, RESOURCES & CUSTOMER SERVICES - ENVIRONMENT, HOUSING AND INFRASTRUCTURE Objective Summary Approved Annual Budget Budget Adjustments Revised Annual Budget at Period 3 Projected Outturn Budget Variance (Adverse) or Favourable £000 £000 £000 £000 £000 % Building Services 173 0 173 173 0 0.0% Public Building Repairs 8,950 (71) 8,879 8,879 0 0.0% Soft Facilities Management Services 24,020 (61) 23,959 23,757 202 0.8% Property Services 308 (39) 269 269 0 0.0% NET EXPENDITURE 33,451 (171) 33,280 33,078 202 0.6% Subjective Summary Approved Annual Budget Budget Adjustments Revised Annual Budget at Period 3 Projected Outturn Budget Variance (Adverse) or Favourable £000 £000 £000 £000 £000 % Employees 41,292 (1,100) 40,192 39,320 872 2.2% Premises Related 6,086 99 6,185 6,336 (151) (2.4%) Transport Related 2,229 0 2,229 2,216 13 0.6% Supplies and Services 15,304 (545) 14,759 15,097 (338) (2.3%) Third Party Payments 0 0 0 0 0 0.0% Transfer Payments 185 0 185 203 (18) (9.7%) Support Services 1,357 0 1,357 1,376 (19) (1.4%) Depreciation and Impairment Losses 2,200 0 2,200 2,200 0 0.0% GROSS EXPENDITURE 68,653 (1,546) 67,107 66,748 359 0.5% Income (35,202) 1,375 (33,827) (33,670) (157) (0.5%) NET EXPENDITURE 33,451 (171) 33,280 33,078 202 0.6%
Page 12
Appendix 1 PUBLIC RENFREWSHIRE COUNCIL REVENUE BUDGET MONITORING STATEMENT 2026/27 1 April 2026 to 19 June 2026 POLICY BOARD: FINANCE, RESOURCES & CUSTOMER SERVICES - CHIEF EXECUTIVE'S SERVICE (ESTATES) Subjective Summary Approved Annual Budget Budget Adjustments Revised Annual Budget at Period 3 Projected Outturn Budget Variance (Adverse) or Favourable £000 £000 £000 £000 £000 % Employees 0 0 0 0 0 0.0% Premises Related 1,316 0 1,316 1,316 0 0.0% Transport Related 0 0 0 0 0 0.0% Supplies and Services 4 0 4 4 0 0.0% Third Party Payments 0 0 0 0 0 0.0% Transfer Payments 66 0 66 67 (1) (1.5%) Support Services 503 0 503 502 1 0.2% GROSS EXPENDITURE 1,889 0 1,889 1,889 0 0.0% Income (1,221) 0 (1,221) (1,202) (19) (1.6%) NET EXPENDITURE 668 0 668 687 (19) (2.8%)
Page 13
Appendix 1 PUBLIC RENFREWSHIRE COUNCIL REVENUE BUDGET MONITORING STATEMENT 2026/27 1 April 2026 to 19 June 2026 POLICY BOARD: FINANCE, RESOURCES & CUSTOMER SERVICES - MISCELLANEOUS Subjective Summary Approved Annual Budget Budget Adjustments Revised Annual Budget at Period 3 Projected Outturn Budget Variance (Adverse) or Favourable £000 £000 £000 £000 £000 % Employees 13,534 (604) 12,930 12,930 0 0.0% Premises Related 2,324 14 2,338 2,338 0 0.0% Transport Related 275 0 275 275 0 0.0% Supplies and Services 1,833 1,056 2,889 2,889 0 0.0% Third Party Payments 0 0 0 0 0 0.0% Transfer Payments 2,055 (279) 1,776 1,776 0 0.0% Support Services (1,649) 280 (1,369) (1,369) 0 0.0% Depreciation and Impairment Losses 18,249 0 18,249 18,249 0 0.0% GROSS EXPENDITURE 36,621 467 37,088 37,088 0 0.0% Income (13,791) (1,102) (14,893) (14,893) 0 0.0% NET EXPENDITURE 22,830 (635) 22,195 22,195 0 0.0%
Page 14
Appendix 2 PUBLIC Prior Years Approved Budget Revised Projected Total Approved Projected Expenditure Budget Adjustments Budget Outturn Budget Outurn Project Title to 31/03/2026 2026-27 since previous 2026-27 2026-27 to 31-Mar-31 to 31-Mar-31 Board report £000 £000 £000 £000 £000 £000 £000 CORPORATE PROJECTS ICT PROGRAMME 15,165 1,000 292 1,292 1,292 0 0% 19,857 19,857 0 0% Lifecycle Capital Maintenance (LCM) Fund 8,397 4,650 886 5,536 5,536 0 0% 29,416 29,416 0 0% Artificial Pitches Upgrade 1,324 615 1 616 616 0 0% 1,940 1,940 0 0% Artificial Pitches(Schools) 0 0 1,485 1,485 1,485 0 0% 1,485 1,485 0 0% Digital Infrastructure Provision 1,907 0 29 29 29 0 0% 1,936 1,936 0 0% Community Empowerment Fund 717 0 233 233 233 0 0% 951 951 0 0% Greenspaces and Parks 1,396 0 54 54 54 0 0% 1,449 1,449 0 0% Villages Improvement Fund 412 0 148 148 148 0 0% 561 561 0 0% Retail Improvement Fund 0 0 1 1 1 0 0% 1 1 0 0% TOTAL FINANCE, RESOURCES & CUSTOMER SERVICES BOARD 29,318 6,265 3,129 9,394 9,394 0 0% 57,596 57,596 0 0% RENFREWSHIRE COUNCIL CAPITAL INVESTMENT STRATEGY - NON-HOUSING SERVICES 1st April to 19th June 2026 POLICY BOARD: FINANCE, RESOURCES & CUSTOMER SERVICES Current Year 2026-27 Full Programme - All years Budget Variance (Adverse) or Favourable Budget Variance (Adverse) or Favourable