Item 13 - Appendix 5
West Dunbartonshire Council · 31 August 2022
Back to West Dunbartonshire Council — 31 August 2022 and its agenda
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APPENDIX 5 WEST DUNBARTONSHIRE COUNCIL HRA CAPITAL PROGRAMME OVERALL PROGRAMME SUMMARY MONTH END DATE PERIOD 12 Spend to Date Spend to Date £000 £000 Red 14 51.9% 25,784 68.0% 14 51.9% 18,484 60.4% Amber 6 22.2% 3,599 9.5% 6 22.2% 3,599 11.8% Green 7 25.9% 8,517 22.5% 7 25.9% 8,517 27.8% 27 100% 37,900 100% 27 100% 30,600 100% Budget Spend to Date Forecast Spend Forecast Variance Budget Spend to Date Actual Spend Actual Variance Slippage Over/ (Under) £000 £000 £000 £000 £000 £000 £000 £000 £000 £000 195,734 25,784 198,912 3,178 35,611 18,484 18,484 (17,127) (19,379) 2,252 9,861 3,599 10,177 316 3,467 3,599 3,599 132 (79) 211 38,305 8,517 38,004 (301) 9,250 8,517 8,517 (733) (467) (266) 243,900 37,900 247,093 3,193 48,328 30,600 30,600 (17,728) (19,926) 2,198 243,900 37,900 247,093 (3,193) 48,328 30,600 30,600 17,728 0 0 0 0 0 0 0 0 Projects are on target both in relation to overall budget and the forecast stages in the project life cycle and no issues are anticipated at this time 31 March 2022 Project Status Analysis Project Life Status Analysis Current Year Project Status Analysis Number of Projects at % Projects at RAG Status % Project Spend at Number of Projects at % Projects at RAG Status % Project Spend at RAG Red Projects are forecast to be overspent and/or experience material delay to completion Amber Projects are either at risk of being overspent and/or delay in completion (although this is unquantifiable at present) or the project has any issues that require to be reported at this time Green Project Status Analysis Project Life Financials Current Year Financials Red TOTAL RESOURCES NET EXPENDITURE Projects are forecast to be overspent and/or significant delay to completion Amber Projects are either at risk of being overspent and/or delay in completion (although this is unquantifiable at present) or the project has any issues that require to be reported at this time Green Projects are on target both in relation to overall budget and the forecast stages in the project life cycle and no issues are anticipated at this time TOTAL EXPENDITURE
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT RED STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 1 Project Life Financials 135,877 14,689 11% 136,187 310 0% Current Year Financials 20,281 7,389 36% 7,389 (12,892) -64% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 2 Project Life Financials 10,539 1,357 13% 10,539 0 0% Current Year Financials 3,831 1,357 35% 1,357 (2,474) -65% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 31 March 2022 Budget Details Project Life Financials Spend to Date Variance Doors/window component renewals Doors/Windows Component Renewals Planned End Date Forecast End Date Main Issues / Reason for Variance Installs are behind original planned targets, however the combined internal and external contractor resources are showing an upturn in completions and an overall improving position. Officers will continue to monitor and support this position to maintain improvements. Full budget spend was not possible in 21/22, rephasing of £2.474m required to be carried to 22/23 for continuation of works. Mitigating Action Progress on this will continue to be monitored closely into 22/23. Slippage is required to be carried forward into 22/23. Anticipated Outcome Affordable Housing Supply Programme Affordable Housing Supply Programme Planned End Date Forecast End Date Main Issues / Reason for Variance The current year variance of £12.892m is made up of £8.503m slippage on existing sites, predominantly Clydebank East, £4.443m slippage on future new builds, and there is a net overspend of £0.054m. The overspend is made up of an underspend on anticpated support costs of £0.619m, an overspend on Dumbarton Harbour Ph3 of £0.616m and overspend of £0.030m on Second Ave development. Site specific updates will be provided in the first report of 22/23. All projects have now been reprofiled and in the case of Clydebank East it is now anticipate a site start late 2022. Anticipated Outcome Delivery of Programme will be achieved. Mitigating Action
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT RED STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 31 March 2022 Budget Details Project Life Financials Spend to Date Variance 3 Project Life Financials 3,429 505 15% 3,429 0 0% Current Year Financials 746 505 68% 505 (241) -32% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 4 Project Life Financials 192 0 0% 192 0 0% Current Year Financials 192 0 0% 0 (192) -100% Project Description Project Lifecycle 31-Mar-22 31-Mar-23 Glasgow Airport has committed to develop and implement a Noise Insulation Policy to mitigate noise for residents most affected by aviation noise. To develop this the Council has committed to working jointly with the Airport to procure a leading expert in the field to manage the trial on behalf of our collective organisations and ultimately develop a phased programme of works in parallel with existing window replacement and insulation programmes to mitigate the noise experienced by tenants within a specified area. However the planned activity was put on hold during 2021 due to the COVID pandemic and the inability to access properties and also the lack of aircraft flying to facilitate a meaningful trial. In that time, the airport requirement to roll out a permanent insulation scheme has taken precedence for Glasgow Airport Authorities. The full scheme should have launched in early 2022 and we await further information as to the reason for such a delay, WDC are considering how reallocation of the earmarked budget could be best utilised towards noise improvement. It is possible that funds could be used to supplement the Airport contribution where additional improvements are possible but in excess of the allocated airport financial contribution. This will be reviewed and recommendations made once in receipt of the airport scheme outline. Mitigating Action There is regular dialogue between the Council and Glasgow Airport, and there is the basis of an agreed delivery plan which was ready to be implemented prior to the pausing of the project. This can be re-established immediately by both parties, however it has to be recognised the nature of works will not complete until 22/23, however both parties still remain committed to its delivery. Anticipated Outcome Slippage is required to be carried forward into 22/23. Airport Noise Insulation Scheme Noise Insulation Project Planned End Date Forecast End Date Main Issues / Reason for Variance Anticipated Outcome Slippage is required to be carried forward into 22/23. Defective structures/component renewals Defective structures Planned End Date Forecast End Date Main Issues / Reason for Variance Programme continues albeit there are challenges with vacating tenants in next block to commence, impacted by COVID and suitable decant locations. Housing officers working to resolve this. Overall programme behind where wanted to be at this stage. Budget underspent in current year, with balance required to be carried to 22/23 to complete works. Mitigating Action Officers will work to maximise on opportunities to catch up on programme.
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT RED STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 31 March 2022 Budget Details Project Life Financials Spend to Date Variance 5 Project Life Financials 4,972 1,316 26% 5,341 369 7% Current Year Financials 948 1,316 139% 1,316 368 39% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 6 Project Life Financials 170 67 39% 170 0 0% Current Year Financials 170 67 39% 67 (103) -61% Project Description Project Lifecycle 31-Mar-22 31-Mar-23 Budget is for end of contract retention payment, with remaining budget to be slipped into 22/23 to meet any residual costs. In- year final retention payment was less than anticipated, remaining balance to be slipped into 22/23 for budget to meet costs to resolve a legacy roofing issue. Mitigating Action None available at this time. Anticipated Outcome Underspend to be slipped into 22/23 to fund a legacy roofing issue. Improvement works (Risk St) Risk Street Over clad Planned End Date Forecast End Date Main Issues / Reason for Variance This project overspent in 21/22 due to a high demand on necessary essential works. There has been a larger number of renewals and referrals in 21/22 than anticipated at time of budget setting, resulting in an overspend on the current year budget. Mitigating Action This budget is for essential work and is demand led so difficult to mitigate. Anticipated Outcome Overspend in 21/22. Heating improvement works Carry out works to renew inefficient boilers/full systems as identified from the stock condition survey and renewal of obsolete/damaged boilers. Planned End Date Forecast End Date Main Issues / Reason for Variance
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT RED STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 31 March 2022 Budget Details Project Life Financials Spend to Date Variance 7 Project Life Financials 5,400 1,036 19% 6,069 669 12% Current Year Financials 1,706 1,036 61% 1,036 (670) -39% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 8 Project Life Financials 16,430 2,105 13% 16,430 0 0% Current Year Financials 4,088 2,105 51% 2,105 (1,983) -49% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 9 Project Life Financials 2,540 710 28% 2,675 135 5% Current Year Financials 575 710 123% 710 135 23% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 Budget is overspent, installation progress has improved overall and programme has been pushing to increase completion Mitigating Action None available at this time, pushing to reduce waiting list and increase completions. Anticipated Outcome Project to complete as planned over budget Special needs adaptations Adaptations to Housing for Special Needs Planned End Date Forecast End Date Main Issues / Reason for Variance Building external component renewals, roofs/chimneys/flashings/fascias/gutters/svp Building external component renewals Anticipated Outcome Remaining budget will be required to be slipped into 22/23. Planned End Date Forecast End Date Main Issues / Reason for Variance Roof renewal programme continues. Monthly tracking is behind cumulative targets however additional installs by support contractor is underway and this should help with completions. Recent completions incorporating those by support contractor are showing an improving position however it is was not possible for full budget catch up in 21/22 and remaining budget is required to be rephased to 22/23. Mitigating Action Progress on this will continue to be monitored closely as works continue into 22/23. Main Issues / Reason for Variance The main objective of the Buy Back Scheme is to bring former council properties that were sold through the RTB scheme, back into council use. These properties must assist the council with reducing housing need on the waiting list and where appropriate assist with external capital works. For these reasons, any purchase is subject to stringent criteria to ensure accountability and value for money for existing tenants. With several key stakeholders involved, this has meant full budget spend has not been possible in 21/22, with remaining budget required to be carried forward to 22/23. Anticipated Outcome Budget did not fully spend in 21/22 as there were a number of mitigating factors including the prioritisation of staff resource on new build activities. Officers will ensure maximisation of spend to meet project priorities and increased activity in 22/23. Buy Backs This is a budget to undertake specific projects that will deliver housing policies/strategies, example: Ex local authority and mortgage to rent buy-back scheme Planned End Date Forecast End Date Mitigating Action Officers will continue efforts to maximise buy-backs, in an effort to increase delivery of the scheme and positively impact and minimise slippage.
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT RED STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 31 March 2022 Budget Details Project Life Financials Spend to Date Variance 10 Project Life Financials 1,319 (7) -1% 1,319 0 0% Current Year Financials 446 (7) -2% (7) (453) -102% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 11 Project Life Financials 17 0 0% 17 0 0% Current Year Financials 17 0 0% 0 (17) -100% Project Description Project Lifecycle 31-Mar-22 31-Mar-22 12 Project Life Financials 8,645 3,689 43% 10,233 1,588 18% Current Year Financials 2,101 3,689 176% 3,689 1,588 76% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 Void house strategy programme Spend on Void Properties to bring them up to letting standard Mitigating Action None available at this time as this is a demand led programme. Planned End Date Forecast End Date Project to overspend due to higher demand. Anticipated Outcome Main Issues / Reason for Variance The high number of voids has led to a higher than expected demand for this budget, resulting in an overspend in 21/22. Void Mitigating Action None available at this time. Officer will continue to progress this project to completion. Anticipated Outcome Project to carry into 22-23 for completion and meet spend targets. Community Safety Projects Community Safety Projects Planned End Date Forecast End Date Main Issues / Reason for Variance Project has experienced some delays whilst managing owner occupiers and other works requiring completion to allow project to commence, budget is required to be carried into 22/23 for completion. It is anticipated that the accelerated proposals will result in this budget achieving all targets, but will continue to monitor market conditions. Mitigating Action Officers are actively reprofiling works based on priority assessment within the wider Housing Asset Management Strategy, this Anticipated Outcome Better Homes Priority Budget Priority projects as prioritised by the Better Homes Group Planned End Date Forecast End Date Main Issues / Reason for Variance While pandemic restrictions stalled some proposed initiatives throughout 20/21, it was anticipated that this would be less impacted throughout 21/22, however Officers have experienced a number of issues in relation to supply and materials that have curtailed progress particularly on new workstream. Nevertheless, a number of priority initiatives, supported by the Better Homes Project Board, are already being investigated and are envisaged to have a positive impact on the current council housing stock and budget is required to be slipped to 22/23 to carry out these works.
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT RED STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 31 March 2022 Budget Details Project Life Financials Spend to Date Variance 13 Project Life Financials 1,104 317 29% 1,211 107 10% Current Year Financials 210 317 151% 317 107 51% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 14 Project Life Financials 5,100 0 0% 5,100 0 0% Current Year Financials 300 0 0% 0 (300) -100% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 Progress on this programme will be closely monitored on a regular basis through the Better Homes Project Board. Anticipated Outcome MSF Fire Risk Assessment Works High Rise Fire Safety Measures Planned End Date Forecast End Date Project to complete over budget.. Asbestos management works None required at this time. Main Issues / Reason for Variance An update report on this project was on the agenda for 27th October 2021 Council. This advised that the expected spend on replacing Spandrel panels will no longer be required but instead a variety of issues affecting Multi Stories will be reviewed and incorporated into the 2022 High Rise strategy. This resulted in approval to vire the underspend of £0.900m to the statutory/ regulatory compliance works project to offset the overspend related to the smoke detector installation programme. The reamining 21/22 budget of £0.300m is required to be carried forward to 22/23 £0.300m for MSF Fire Risk Assessment Works. Mitigating Action None available at this time. Anticipated Outcome This budget is to fund work associated with the management of current asbestos legislation Planned End Date Forecast End Date Mitigating Action Main Issues / Reason for Variance Budget overpsend in current year due to higher than expected demand.
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT AMBER STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 1 Project Life Financials 1,583 1,241 78% 1,792 209 13% Current Year Financials 1,136 1,241 109% 1,241 105 9% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 2 Project Life Financials 304 93 31% 304 0 0% Current Year Financials 125 93 74% 93 (32) -26% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 3 Project Life Financials 379 52 14% 279 (100) -26% Current Year Financials 200 52 26% 52 (148) -74% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 Budget underspent due to owner involvement slowing down authorisation of work. Ongoing challenges with owner agreements has impacted the ability to progress installations. Mitigating Action On going dialogue with owners will continue in attempts to reach agreements to progress more installations. Anticipated Outcome Underspend in 21/22. Main Issues / Reason for Variance External stores/garages/bin stores/drainage component renewals This budget is to focus on external stores/garages/bin stores etc. component renewals as identified and recommended from the housing stock condition survey. Planned End Date Forecast End Date Main Issues / Reason for Variance Spending has been later than planned due to protracted owner involvement slowing down authorisation of work, remaining budget to be slipped to 22/23. Secure entry component renewals This budget is to focus on secure door entry component renewals as identified and recommended from the housing stock condition survey and appropriate council officer referrals. Planned End Date Forecast End Date Mitigating Action On going dialogue with owners will continue in order to get this work approved. Anticipated Outcome Underspend to be slipped into 22/23. 31 March 2022 Budget Details Project Life Financials Spend to Date Variance Statutory/regulatory compliance works (lifts/electrical/legionnella/fire etc) This budget will be used to upgrade / replace components / installations in order to comply with the relevant standards / legislation / health and safety in relation to housing stock. Planned End Date Forecast End Date Main Issues / Reason for Variance The works in relation to the smoke detector installation programme has been continuing in connection with gas heating annual servicing. An issue regarding the level of budget available was identified in that installation costs have been higher than anticipated at time of budget setting. In response to this budget issue, a virement was carried out to increase the budget of the statutory/ regulatory compliance works project by £0.900m, which has reduced the overspend in 21/22. Mitigating Action These works are necessary and virement was required to mitigate overspend on budget. Anticipated Outcome Project to complete over budget as works are necessary and a legislative requirement.
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT AMBER STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 31 March 2022 Budget Details Project Life Financials Spend to Date Variance 4 Project Life Financials 2,480 764 31% 2,553 73 3% Current Year Financials 691 764 111% 764 73 11% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 5 Project Life Financials 26 29 112% 29 3 12% Current Year Financials 26 29 112% 29 3 12% Project Description Project Lifecycle 31-Mar-22 31-Mar-22 6 Project Life Financials 5,089 1,420 28% 5,220 131 3% Current Year Financials 1,289 1,420 110% 1,420 131 10% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 Environmental renewal works, paths/fences/walls/parking area's Environmental renewal works, paths/fences/walls/parking areas Main Issues / Reason for Variance Demand for budget higher than expected as works progress resulting in a small overspend in 21/22. Anticipated Outcome Overspend incurred. Planned End Date Forecast End Date Mitigating Action None required at this time. None required at this time. QL Development This budget relates to the costs associated with the development of the Integrated Housing Anticipated Outcome Project to complete as planned. Planned End Date Forecast End Date Main Issues / Reason for Variance Some minor acclerated spend to support the Repairs and Maintenance functionality of the system. Mitigating Action Budget is overspent, resultant capitalised spend was more than anticipated and higher demand. Mitigating Action None available at this time. Anticipated Outcome Project to complete over budget. Forecast End Date Capitalised minor works This is a budget to undertake specific minor ad hoc capital projects that arise on demand Planned End Date Main Issues / Reason for Variance
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT GREEN STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 1 Project Life Financials 91 81 89% 91 0 0% Current Year Financials 91 81 89% 81 (10) -11% Project Description Project Lifecycle 31-Mar-22 31-Mar-22 2 Project Life Financials 100 0 0% 0 (100) -100% Current Year Financials 100 0 0% 0 (100) -100% Project Description Project Lifecycle 31-Mar-22 31-Mar-22 3 Project Life Financials 20,504 4,736 23% 20,504 0 0% Current Year Financials 5,076 4,736 93% 4,736 (340) -7% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 Main Issues / Reason for Variance No mitigation required at this time. Main Issues / Reason for Variance All spend in this area this year will be heating so will be met from heating improvement budget. 31 March 2022 Budget Details Project Life Financials Spend to Date Variance Anticipated Outcome Project complete within budget. Gypsy Travellers Site Gypsy/ Traveller Site improvements Planned End Date Forecast End Date This budget is made up of Scottish Government grant which requires to be legally committed to improvement works on existing Gypsy Travellers sites by the end of March 2022. Initially the funding should have been committed a year earlier but as a result of the pandemic the timeline has been extended across Scotland. A condition of the grant requires that spend mirrors tenant priorities, and as such we have had a number of consultative engagements with the existing community to assess priorities. Works are now complete and upon allocation of support costs, project completed on budget. Mitigating Action Mitigating Action None required at this time. Anticipated Outcome Main Issues / Reason for Variance Underspend which will partially offset overspend in heating improvement budget. Targeted EESSH compliance works This budget enables the council's continued commitment to achieving the Government's standards in relation to energy efficiency. Planned End Date Forecast End Date Mitigating Action None available at this time. Anticipated Outcome Project to complete as planned and maximise spend. Targeted SHQS compliance works This budget is to focus on work required to maintain the SHQS compliance with WDC housing stock. Planned End Date Forecast End Date EWI programme continues to progress and work to continue into 22/23 to complete. Caution should remain with regards to emerging COVID issues and the effect that may have on labour and materials supply chain. Remaining budget to carry over into 22/23 for completion.
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF PROJECTS AT GREEN STATUS MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 31 March 2022 Budget Details Project Life Financials Spend to Date Variance 4 Project Life Financials 4,003 1,309 33% 3,992 (11) 0% Current Year Financials 1,320 1,309 99% 1,309 (11) -1% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 5 Project Life Financials 331 0 0% 224 (107) -32% Current Year Financials 108 0 0% 0 (108) -100% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 6 Project Life Financials 500 19 4% 500 0 0% Current Year Financials 100 19 19% 19 (81) -81% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 7 Project Life Financials 12,776 2,372 19% 12,693 (83) -1% Current Year Financials 2,455 2,372 97% 2,372 (83) -3% Project Description Project Lifecycle 31-Mar-26 31-Mar-26 Mitigating Action None required at this time. Anticipated Outcome Project to complete as planned and meet spend targets. This is a contingent budget for unforeseen matters which may arise during the year. Anticipated Outcome Underspend which will partially offset overspend in heating improvement budget. Budget to spend as required. Contingencies Salaries/central support/offices Modern facilities and services Anticipated Outcome Planned End Date Forecast End Date Main Issues / Reason for Variance Officers continue to monitor output and maximise performance and spend, however a small carry forward to 22/23 is required. Main Issues / Reason for Variance Little demand for this budget in 21/22, however required to be carried forward should the need arise in 22/23 to utilise budget. Energy improvements/energy efficiency works Energy improvements/ efficiency works (e.g. loft insulation, pipe/tank insulation, draught exclusion) Planned End Date Forecast End Date Mitigating Action New Kitchens, Bathrooms and Showers Additional back-up contracts in place to assist in delivery. Anticipated Outcome Planned End Date Forecast End Date Main Issues / Reason for Variance All spend in this area this year will contribute to increased efficiency heating so was met from heating improvement budget. Project to complete as planned and meet spend targets. Planned End Date Forecast End Date Main Issues / Reason for Variance Underspend on salaries reacharged to HRA Capital in 21/22. Mitigating Action None required at this time. Mitigating Action None required at this time. Allocation of costs from other WDC services who support the HRA capital programme
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WEST DUNBARTONSHIRE COUNCIL APPENDIX 5 HRA CAPITAL PROGRAMME ANALYSIS OF RESOURCES MONTH END DATE PERIOD 12 Budget Forecast/ Actual Spend £000 £000 % £000 £000 % 1 Project Life Financials (39,600) (1,562) 4% (40,623) (1,023) 3% Current Year Financials (5,000) (909) 18% (909) 4,091 -82% Project Description Project Lifecycle 31 March 2022 Budget Details Project Life Financials Spend to Date Variance None required at this time. Anticipated Outcome The project life overall variance will be favourable by £1.023m due to additional Scottish Government Grant Income. Grant to facilitate the building of new build housing Planned End Date Forecast End Date Main Issues / Reason for Variance Overall, there is a favourable project life variance of £1.023m which relates to additional grant income successfully negotiated by Officers in relation to the increased grant per unit at Aitkenbar, Haldane and Dumbarton Harbour and the additional grant generated from the buyback scheme. Current year adverse variance of £4.091m relates to new builds which are not expected to progress until next financial year. Mitigating Action NEW BUILD GRANT