High Level Revenue and Capital Budget Monitoring Report 2012 ...
High Level Revenue and Capital Budget Monitoring Report 2012 ...
High Level Revenue and Capital Budget Monitoring Report 2012 ...
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APPENDIX 2:DEPARTMENTAL ANALYSIS - BUDGET REVENUE MONITORING 2011-12OUTTURNHOUSING REVENUE ACCOUNT1. Variance by Departmental DivisionRevised<strong>Budget</strong>Quarter 1VarianceQuarter 2VarianceQuarter 1Departmental Division£000s £000s £000sFinance <strong>and</strong> Resources 12,377 (123) (60)Housing Services 12,299 (69) 0Commissioning <strong>and</strong> Quality Assurance 1,305 (2) 0Property Services 2,068 22 0Housing Repairs 14,098 0 0Housing Income (71,139) (43) 0Housing Options 667 (34) 0Adult Social Care 48 0 0Housing Strategy 277 0 0Regeneration 521 (70) 0Safer Neighbourhoods 725 0 0Housing <strong>Capital</strong> 27,658 226 0Invest to save withdrawal from HRAGeneral Reserve(Contribution to)/ AppropriationFrom HRA General Reserve2. Variance Analysis of Significant Items(1,128) 0 0(224) (93) (60)DepartmentalDivisionFinance <strong>and</strong>ResourcesVariance£000s(123)Housing Services (69)Commissioning<strong>and</strong> Quality(2)AssuranceProperty Services 22Housing Repairs 0Housing Income (43)Housing Options (34)Adult Social Care 0Housing Strategy 0Explanation & Action PlansThis relates mainly to a revision to the expected costsof IT applications <strong>and</strong> variable SLA charges of (£35k)<strong>and</strong> IT project costs of (£77k), underspends onstaffing costs (£23k) <strong>and</strong> communication recharges of(£53k) offset by HMRC tax <strong>and</strong> NI liabilities of £83k<strong>and</strong> other minor net underspends of (£18k).
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