PACC Policy Board Report Period 06 2023-24 Report
Renfrewshire Council · 7 November 2023
Back to Planning and Climate Change Policy Board — 7 November 2023 and its agenda
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To: Planning and Climate Change Policy Board On: 7 November 2023 Report by: Chief Executive and Director of Finance and Resources Heading: Revenue and Capital Budget Monitoring as at 15 September 2023 1. Summary of Financial Position 1.1. The projected revenue outturn at 31 March 2024 for those services reporting to the Planning and Climate Change Policy Board is an overspend position of £0.021 million (3.4%). 1.2. There are no capital projects reporting to the Planning and Climate Change Policy Board. 1.3. This is summarised in the table below and further analysis is provided in the Appendices. 2. Recommendations 2.1. Members are requested to: (a) Note the projected revenue outturn position in Table 1 above; and (b) Note the budget adjustments detailed at section 4. Division Revised Annual Budget £000 Projected Annual Outturn £000 Budget Variance (Adv) / Fav £000 Budget Variance % Planning Services 625 646 (21) 3.4
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3. Revenue 3.1. The Revenue Budget Monitoring report at Appendix 1 identifies a projected overspend of £0.021 million (3.4% of total budget) for all services reporting to this Policy Board. Detailed division service reports can also be found here, together with an explanation of any significant projected variances. 3.2. The projected outturn is based on information currently available, and assumptions made by service budget holders. Any changes to these projections will be detailed in future reports to the Board. 3.3. The main reasons for the projected outturn position are indicated below the tables showing both the subjective analysis (what the budget is spent on) and the objective analysis (which division is spending the budget). 3.4. The projected overspend position reflects the net effect of two main factors. A projected under-recovery in fee income (see 3.5) offset by a projected underspend in employee costs due to the expected impact of staff turnover over the course of the financial year. 3.5. Due to the very demand-led nature of the income stream, which is impacted by the economic and financial climate, the level of Planning and Building Standards income can vary over the course of the financial year, which can make it challenging to determine trends for income projection. In the previous financial year, projected income generation levels began to recover in the third quarter. The projections currently indicate an over-recovery in Planning fees and an expected under-recovery in Building Standards fees and reflect a reasonable forecast at this stage in the financial year. 4. Revenue Budget Adjustments 4.1. Members are requested to note, from Appendix 1, that minor budget adjustments totalling £0.024 million have been processed since the previous report to board. __________________________________________________________________ Implications of this report 1. Financial – The projected budget outturn position for the revenue budget reported to the Planning and Climate Change Board is an overspend of £0.021 million. Income and expenditure will continue to be monitored closely for the rest of the financial year and any changes to current projections in Revenue budgets will be reported to the board as early as possible, along with an explanation for the movement. 2. HR and Organisational Development None directly arising from this report.
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3. Community/Council Planning None directly arising from this report. 4. Legal None directly arising from this report. 5. Property/Assets None directly arising from this report. 6. Information Technology None directly arising from this report. 7. Equality and Human Rights None directly arising from this report. 8. Health and Safety None directly arising from this report. 9. Procurement None directly arising from this report. 10. Risk The potential risk that the Council will overspend its approved budgets for the year will be managed at a Council-wide level by the Chief Executive and Directors. 11. Privacy Impact None directly arising from this report. 12. 13. Cosla Policy Position N/a. Climate Risk None directly arising from this report. __________________________________________________________________ List of Background Papers: None __________________________________________________________________ Author: Valerie Howie, Finance Business Partner
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Appendix 1 Objective Summary Annual Budget at Period 3 Budget Adjustments Revised Annual Budget at Period 6 Projected Outturn Previous Projected Outturn Variance Movement £000 £000 £000 £000 £000 % £000 £000 Planning Strategy & Place 551 6 557 545 12 2.2% 3 9 Development Management 216 18 234 98 136 58.1% 81 55 Building Standards (166) 0 (166) 3 (169) (101.8%) (90) (79) NET EXPENDITURE 601 24 625 646 (21) (3.4%) (6) (15) Objective Heading Key Reasons for Projected Variance Planning Strategy & Place Development Management Building Standards RENFREWSHIRE COUNCIL REVENUE BUDGET MONITORING STATEMENT 2023/24 1 April 2023 to 15 September 2023 Budget Variance (Adverse) or Favourable POLICY BOARD : PLANNING SERVICES No significant projected year end variances to report. The projected underspend relates mainly to a projected over-recovery in Planning fee income (c. 14.5% of targeted income). The projected overspend relates mainly to a projected under-recovery in Building Standards fee income (c. 20.5% of targeted income).
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Appendix 1 Subjective Summary Annual Budget at Period 3 Budget Adjustments Revised Annual Budget at Period 6 Projected Outturn Previous Projected Outturn Variance Movement £000 £000 £000 £000 £000 % £000 £000 Employees 1,615 5 1,620 1,519 101 6.2% 14 87 Premises Related 1 0 1 1 0 0.0% 0 0 Transport Related 15 0 15 15 0 0.0% 0 0 Supplies and Services 161 19 180 182 (2) (1.1%) 0 (2) Transfer Payments 102 0 102 102 0 0.0% 0 0 Support Services 317 0 317 317 0 0.0% 0 0 GROSS EXPENDITURE 2,211 24 2,235 2,136 99 4.4% 14 85 Income (1,610) 0 (1,610) (1,490) (120) (7.5%) (20) (100) NET EXPENDITURE 601 24 625 646 (21) (3.4%) (6) (15) Budget Variance (Adverse) or Favourable RENFREWSHIRE COUNCIL REVENUE BUDGET MONITORING STATEMENT 2023/24 1 April 2023 to 15 September 2023 POLICY BOARD : PLANNING SERVICES