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Annual Forecast One-Off/<br />
Budget Description Budget Variance On-going Comments Action<br />
£000's £000's<br />
Total Variance - General Fund Revenue (22)<br />
Appendix B<br />
Access <strong>Selby</strong><br />
Housing Revenue Account Income<br />
Annual Forecast One-Off/<br />
Budget Description Budget Variance On-going Comments Action<br />
£000's £000's<br />
Housing & Garage Rents (10,500) (40) On-going Rent data collected is showing that rent is currently exceeding targets.<br />
Ousegate Hostel (30) 20 On-going<br />
Edgerton Lodge (28) 19 On-going<br />
Ousegate Hostel is running at 33% occupancy due to effective homeless<br />
prevention work. This results in a rent loss. A six month trial has commenced<br />
with Time Out from 1 September 2011 where 3 units are to be used to develop<br />
an integrated homelessness service for young people in <strong>Selby</strong>.<br />
Edgerton Lodge Hostel is running at 33% occupancy due to effective homeless<br />
prevention work. This results in a rent loss. The subject of both hostels is to be<br />
looked at and a project group will be set up, with key officers in October 2011 to<br />
work up an action plan & timescales and options appraisal in respect of hostels.<br />
Options may include agreements with Registered Social Landlords, other public<br />
or private sector partners, commercial/social let (assured short hold) or disposal<br />
in the context of a business model taking into account projected future demand<br />
and obligations.<br />
Utilise saving to cover<br />
other income shortfalls.<br />
Monitor usage and<br />
identify additional<br />
savings within HRA<br />
income to cover the<br />
shortfall.<br />
Monitor usage and<br />
identify additional<br />
savings within HRA<br />
income to cover the<br />
shortfall.<br />
Housing Subsidy Receivable (1,989) (11) One-Off<br />
Total Variance - HRA Income (12)<br />
The subsidy budget was based on an estimate, the latest forecast suggests a<br />
saving will be made.<br />
Monitor Progress<br />
Access <strong>Selby</strong><br />
Housing Revenue Account Expenditure<br />
Annual Forecast One-Off/<br />
Budget Description Budget Variance On-going Comments Action<br />
£000's £000's<br />
HRA Salaries 585 (101) One-Off<br />
Some of the savings have arisen from vacant posts being held pending the<br />
Utilise saving to cover<br />
restructure. In addition there will be some frozen posts remaining vacant for the<br />
overspends.<br />
remainder of the year.<br />
Other Sundry Costs - Choice Based<br />
The scheme has an annual contract fee of £9k, the remainder is required for setup,<br />
which may be required to be carried forward to 2012/13.<br />
34 (22) One-Off<br />
Letting Scheme<br />
Carry forward the balance<br />
Housing Subsidy Payable 5,389 (17) One-Off<br />
Total Variance - HRA Expenditure (140)<br />
Total Variance - Housing Revenue Account (152)<br />
The subsidy budget was based on an estimate, the latest forecast suggests a<br />
saving will be made.<br />
Utilise saving to cover<br />
overspends.<br />
110
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