Item 14 - Educational Services Budgetary Control Report to 31 January 2024 (Period 10)
West Dunbartonshire Council · 20 March 2024
Back to Educational Services Committee — 20 March 2024 and its agenda
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WEST DUNBARTONSHIRE COUNCIL Report by the Chief Officer (Resources) Educational Services Committee: 20 March 2024 ___________________________________________________________________ Subject: Educational Services Budgetary Control Report to 31 January 2024 (Period 10). 1. Purpose 1.1 The purpose of the report is to provide Committee with an update on the financial performance of Educational Services to 31 January 2024 (Period 10). 2. Recommendations 2.1 Committee is asked to: (a) note that the revenue account currently shows a projected annual adverse revenue variance of £3.059m (2.6% of the total budget); and (b) note that projected expenditure on the capital account is lower than the 2023/24 budget by £5.998m (70% of budget) and, after project re-profiling, the variance is an overspend of £0.068m. 3. Background Revenue 3.1 At the meeting of West Dunbartonshire Council on 1 March 2023, Members agreed the revenue estimates for 2023/2024, including a total net Educational Services Committee budget of £113.150m. Since then the following budget adjustments have taken place revising the budget to £116.650m. Budget Agreed by Council 1 March 2023 £113.150m Summer Programme Pay Award Additional Funding (Teachers) Pay Award Additional Funding (APT&C) Educational Psychologists ISDN budget savings Mobile licences budget realignment PAT testing £0.080m £2.724m £0.728m £0.015m (£0.058m) (£0.002m) £0.013m Revised Budget £116.650m 3.2 A list of agreed management adjustments totalling £2.453m is shown within Appendix 4. Current indications show £2.438m – all but £0.015m - is on target to be achieved. Page 1 ITEM 14
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Capital 3.3 At its 1 March 2023 meeting, the Council also agreed the updated General Services Capital Plan for 2023/2024 to 2031/32. The three years from 2023/24 to 2025/26 were approved in detail with the remaining years being indicative at that stage. After adjusting for anticipated re-profiling from 2022/23 into 2023/24, £0.200m programme acceleration at Renton and lower than anticipated funding from the Scottish Government to assist with free school meal expansion, the budget agreed for 2023/24 is £8.564m. 4. Main Issues Revenue Budget 4.1 The current departmental budgetary position is summarised in Appendix 1, with detailed analysis by service in Appendix 2. 4.2 The overall projected full year variance is £3.059m adverse. Information and all individual variances of over £50,000 are detailed in Appendix 3. Capital 4.5 The overall Educational Services programme summary report at Appendix 5 shows that the expected spend on the project life is anticipated to be £0.068m more than the original budget. 5. People Implications 5.1 There are no direct people implications. 6. Financial and Procurement Implications 6.1 Other than the financial position noted above and within the appendices, there are no financial or procurement implications of the budgetary control report. 7. Risk Analysis 7.1 The main financial risks to the ongoing financial position relate to unforeseen costs and/or reduced income streams being identified between now and the end of the financial year. Finance staff are in regular discussion with budget holders to ensure potential issues are identified as early as possible in order to mitigate this risk. 8. Equalities Impact Assessment (EIA) 8.1 The report is for noting and therefore, no Equalities Impact Assessment was completed for this report. 9. Consultation 9.1 The views of Education, Finance and Legal services were requested in the preparation of this report and they have advised there are neither any Page 2
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additional issues nor concerns with the proposal. As the report is for noting no further consultation is envisaged. 10. Strategic Assessment 10.1 Proper budgetary control and sound financial practice are cornerstones of good governance and support Council and officers to pursue the 5 strategic priorities of the Council’s Strategic Plan. This report forms part of the financial governance of the Council. Laurence Slavin Chief Officer - Resources Date: 29 February 2024 Person to Contact: Joe Reilly - Business Unit Finance Partner (Education), Church St, Dumbarton, G82 1QL, telephone: 01389 737707, e-mail joe.reilly@west-dunbarton.gov.uk Appendices: Appendix 1 - Revenue Budgetary Control 2023/24 - Summary Report Appendix 2 - Revenue Budgetary Control 2023/24 - Service Reports - Appendix 3 - Analysis of Revenue Variances over £50,000 Appendix 4 – Analysis of Revenue Efficiencies Appendix 5 - Capital Programme Summary Appendix 6 – Capital Projects at Red Status Background Papers: Ledger output – period 10 General Services Revenue Estimates 2023/24 Wards Affected: ,All Page 3
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