Agenda - pdf - Selby District Council

Access Selby Management Accounts 2011-2012
Profit and Loss Account Quarter 2 Results
HRA
Original Budget Revised Budget Year to Date Annual Total Variances
Budget Budget Actual Budget Forecast Year to Date Full Year Comment
£k £k £k £k £k £k £k
Appendix A
PAYABLE TO THE CORE 2,654 2,459 1,230 1,230 2,459
Contract Adjustments 172 172 86 86 172
Carry Forward Budgets -49 -24 -24 -49
Original cost envelope Budget payment adjusted
for contribution from Core for bids 195k
INCOME
Housing & Garage Rent -10,500 -10,500 -5,269 -5,250 -10,540 -19
Rent is currently on track based on the rent data
-40
available.
Internal Recharges -432 -432 -432
Other Rent Income -95 -95 -14 -18 -56 5
This is due to 33% occupancy in the hostels, due
39
to proactive prevention work.
Subsidy Receivable -1,989 -1,989 -1,000 -994 -2,000 -6
Major Repairs Allowance confirmed after budget
-11
was set.
Other Income -80 -80 -49 -34 -72 -15
Hostel utility income is down due to occupancy,
in addition rechargable works on Corporate
Buildings is included and is ahead of profile due
8 to works on the old Civic Centre.
TOTAL INCOME -10,269 -10,513 -6,331 -6,297 -10,517 -35 -4
EXPENDITURE
Staffing Costs 2,027 555 416 523 454 -108
Saving based on current structure and agency
-101
commitments
Transport Costs 187 181 62 69 181 -7
Dwellings Works
Dwellings Repairs & Maintenance 932 1,125 515 543 1,125 -28 Payments to sub contractors lower than forecast,
too early to say if there will be a full year saving
Dwellings Adaptation Works 130 130 65 65 130
Contract Payments 89 89 44 44 89
Equipment & Materials 282 282 126 141 279 -15 -3
Equipment Leases 162 162 64 65 162 -1
General Insurances 103 101 101
Other Sundry Costs 340 366 148 148 349
A saving has been forecast on Choice Based
-17
Letting due to delays in the scheme.
Subsidy Payable 5,389 5,389 2,686 2,695 5,372 -9
Final subsidy figures were canfirmed after
-17
budget was set.
TOTAL EXPENDITURE 9,641 8,379 4,126 4,293 8,242 -167 -138
NET CEC Charge from GF 795 2,191 1,096 1,096 2,191
Budget Savings Required -197 -88 -44 44 88 Balance of savings remaining to be achieved.
Contingency 30 30 -30 Contingency not required as yet
NET TOTAL -1,109 -952 -84 -158 -84
Forecast Profit for 2011/12 -84
107