Item 16 - Housing Revenue Account Capital Outturn for Financial Year 2025-2026
West Dunbartonshire Council · 17 June 2026
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WEST DUNBARTONSHIRE COUNCIL Report by the Chief Officer – Resources Council – 17 June 2026 ___________________________________________________________________ Subject: Housing Revenue Account Capital Outturn for Financial Year 2025/2026 1. Purpose 1.1 The purpose of this report is to advise members of the Housing Revenue Account (HRA) capital outturn position for 2025/2026. 2. Recommendations 2.1 Council is asked to: i) Note the outturn position against the 2025/26 HRA capital plan 3. Background 3.1 The Council approved the HRA Capital Plan for 2025/26 to 2029/30 on 5 March 2025. The HRA capital plan approved £70.590m of capital expenditure and £15.324m of capital income in 2025/26, creating a borrowing requirement of £55.266m. 3.2 At its meeting on the 27 August 2025, the Housing and Communities Committee agreed budget adjustments that revised the 2025/26 capital expenditure budget to £55.547m and the capital income budget to £6.290m, an updated one-year borrowing requirement of £49.257m. Committee also approved a revised project life budget of £264.933m. A summary of the outturn against the revised capital budgets is set out in Exhibit 1. Exhibit 1: HRA Capital Outturn 2025/26 Actual (£m) 2025/26 Budget (£m) Variance (£m) Project Life Budget (£m) Other Capital 5.919 7.433 (1.514) 26.267 Component Replacement 13.592 20.881 (7.289) 93.567 Void 5.744 5.258 0.486 19.873 Structural & Environmental 1.693 3.762 (2.069) 17.320 Support Costs 2.918 3.100 (0.182) 17.155 More Homes 19.894 15.113 4.781 171.129 Total Expenditure 49.760 55.547 (5.787) 345.311 Total Income (12.396) (6.290) (6.016) (80.378) Net Capital Expenditure 37.364 49.257 (11.893) 264.933 ITEM 16
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4. Main Issues 4.1 Progress against the 2025/26 HRA capital plan is detailed in Appendix 1. 4.2 Commentary on the variances above £50,000 are set out in Exhibit 2 below. Exhibit 2: Project Over / Underspends 2025/2026 Ref Project Actual (£m) 25/26 Budget (£m) 25/26 Variance (£m) Commentary 1 Capitalised Minor Works 3.273 3.715 (0.442) Underspend due to reduced contractor spend. 2 Better Homes Priority Projects 0.033 0.275 (0.242) Underspend based on timing of programme. 3 Environmental Sensors 1.191 2.000 (0.809) Underspend due to challenges getting access to properties. 4 Targeted SHQS /EESSH compliance works 3.712 6.628 (2.916) Underspend reflects the changing mix of the capital programme with an increased number of mixed tenure blocks that require owner consent before work can start. This necessary process delays project start. 5 External Component Renewal - Roofs 1.187 2.550 (1.363) Underspend reflects the changing mix of the capital programme with an increased number of mixed tenure blocks that require owner consent before work can start. This necessary process delays project start. 6 Doors/Window Component Renewals 4.215 4.985 (0.770) Underspend is due to challenges getting access to property. Install team to continue programmed addresses and revisit no accesses to use materials already supplied. 7 External Stores / Garages / Bin Stores 0.000 0.048 (0.048) Works funded from the capitalised minor works budget. 8 Secure entry component renewals 0.000 0.100 (0.100) Works funded from the capitalised minor works budget. 9 Statutory / Compliance Works 0.095 0.594 (0.499) Health and safety works funded from the capitalised minor works budget.
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Ref Project Actual (£m) 25/26 Budget (£m) 25/26 Variance (£m) Commentary 10 Heating Improvement Works 1.646 2.268 (0.622) Overspend due to reduced demand for replacement heating systems 11 Energy Improvements / Efficiency Works 0.000 0.058 (0.058) Works funded from the capitalised minor works budget. 12 Kitchen Upgrade 2.022 2.850 (0.828) Underspend as team re- assess and pre-inspect to ensure a focus on necessary renewals led by condition. 13 Bathroom & Shower Replacement 0.715 0.800 (0.085) Underspend as team re- assess and pre-inspect to ensure a focus on necessary renewals led by condition. 14 Void House Programme 5.744 5.258 0.486 Overspend due to mix of work requiring contactors in addition to in-house team. 15 Defective structures /component renewals 0.170 0.800 (0.630) Underspend as future blocks are pre-inspected for condition and re-prioritisation for completion if necessary. 16 Environmental Renewal - Paths & Environment 1.078 1.000 0.078 Overspend due to mix of work requiring contactors in addition to in-house team. 17 Multi Storey Flat Strategy 0.158 1.720 (1.562) Underspend based on timing of programme. 18 Buy Backs 3.528 4.380 (0.852) Underspend due to lower purchase price of acquired properties 19 Demolition Programme 0.232 0.140 0.092 Overspend based on timing of programme. 20 Clydebank East 0.601 0.250 0.351 Overspend due to retentions being accrued into current financial year. 21 Pappert 1.012 0.730 0.282 Overspend due to retentions being accrued into current financial year. 22 Mount Pleasant 0.464 0.382 0.082 Overspend due to retentions being accrued into current financial year. 23 Gilmour Avenue 0.326 0.264 0.062 Overspend due to contractor liquidation and the need to procure a replacement contractor.
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Ref Project Actual (£m) 25/26 Budget (£m) 25/26 Variance (£m) Commentary 24 Willox Park Phase1 3.465 2.980 0.485 Overspend due to retentions being accrued into current financial year. 25 Bank Street 1.657 1.500 0.157 Overspend based on timing of programme. 26 Bonhill Gap Sites 5.112 1.600 3.512 Overspend based on timing of programme. 27 West Thomson Street 0.462 0.375 0.087 Overspend based on timing of programme. 28 Silverton 0.007 0.100 (0.093) Underspend based on timing of programme. 29 Queen Mary Avenue 2.429 0.800 1.629 Overspend based on timing of programme. 30 Dennystoun Forge 0.000 0.400 (0.400) Underspend based on timing of programme. 31 Ottawa Crescent 0.413 0.250 0.163 Overspend based on timing of programme. 32 Future New Build & Related Regeneration Projects 0.000 0.550 (0.550) Underspend based on timing of programme. 33 Fees, Contingency 0.017 0.150 (0.133) Underspend based on timing of programme. 34 Scottish Govt Buyback Grant Income (1.326) (0.550) (0.776) Over-recovery based on the distribution of Scottish Government acquisition funding. 35 7 – 9 Gilmour Avenue Grant Income 0.000 (0.120 (0.120) Under-recovery due to ongoing negotiations with Scottish Government over additional funding 36 Willox Park Phase 2 Grant Income (0.127) 0.000 (0.127) Over-recovery based on the on timing of programme. 37 Bank Street Grant Income (1.049) (1.500) 0.451 Under-recovery based on the on timing of programme. 38 Bonhill Gap Sites Grant Income (3.360) (1.600) (1.760) Over-recovery based on the on timing of programme. 39 West Thomson Street Grant Income (0.518) (0.375) (0.143) Over-recovery based on the on timing of programme. 40 Queen Mary Avenue (1.649) 0.000 (1.649) Over-recovery based on the on timing of programme.
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Ref Project Actual (£m) 25/26 Budget (£m) 25/26 Variance (£m) Commentary 41 Ottawa Crescent Grant Income (0.379) 0.000 (0.379) Over-recovery based on the on timing of programme. 42 Future new build sites & regeneration projects Grant Income 0.000 (0.060) 0.060 Funding released to support accelerated projects 43 Owner Recoveries (1.613) (1.500) (0.113) Over-recovery based on higher than anticipated invoicing of owners participating in capital projects. 44 Other Grant Income (2.196) (0.406) (1.790) Additional funding secured to support capital investment including more than £1m for cladding remediation works and circa £800,000 to support the acquisition and refurbishment of properties allocated to the resettlement service. 5. Option Appraisal 5.1 No option appraisal was required for this report. 6. People Implications 6.1 There are no people implications. 7. Financial and Procurement Implications 7.1 The report notes the outturn position for the HRA capital plan. 8. Risk Analysis 8.1 This is an outturn report therefore there are no risk implications. 9. Equalities Impact Assessment (EIA) 9.1 No equalities impact assessment was required in relation to this report. 10. Environmental Sustainability 10.1 No assessment of environmental sustainability was required in relation to this report.
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11. Consultation 11.1 All services involved in delivering the capital estimates have been consulted during the compilation of this report. 12. Strategic Assessment 12.1 Proper budgetary control and sound financial practice are cornerstones of good governance and support Council and officers to pursue the strategic priorities of the Council’s current Strategic Plan. This report forms part of the financial governance of the Council. ________________ Laurence Slavin Chief Officer – Resources Date: 17 June 2026 Person to Contact: Jim McCarron Business Partner, Finance 07772 322055 E-mail: james.mccarron@west-dunbarton.gov.uk Appendices: Appendix 1 - HRA Capital Detail Final Outturn Background Papers: Housing Revenue Account (HRA) Capital Investment Programme, Revenue Budget, and Rent Levels for 2025/26 - Council 5 March 2025. Wards Affected All Wards