High Level Revenue and Capital Budget Monitoring Report 2012 ...

APPENDICES 3, 4, 5, & 6CAPITAL BUDGET MONITOR APPENDICES – QUARTER 2 AS AT 30 TH SEPT 2012Decent Neighbourhoods Programme Appendix 3DECENT NEIGHBOURHOODS PROGRAMMELine Schemes Quarter 2RevisedBudget2012/132012/13Forecast2013/14Budget2014/15Budget2015/16Budget£'000 £'000 £'000 £'000 £'000EXPENDITURE:Watermeadow Court (Decanting Costs) 231 231Fulham Court (development including1,714 1,714 1,747Childrens Centre)248 Hammersmith Grove 600 600Hostel Improvements 0 1,321Shop Investments 0 500Edith Summerskill decant costs 1,690 1,690Earls Court costs to signing CLSA 1,941 1,941Earls Court Project Team Costs 627 627 643 659 676Earls Court: Buying back leaseholder and 5,000 5,000 9,637freeholder properties including homelossand disturbanceEarls Court: SDLT on leasehold properties 124 124 239(buybacks and new properties)Additional costs post cabinet to signing of99 99CLSAOngoing Earls Court project Costs 300 300 205 210 215Earls Court OT assessments 20 20 42 21Earls Court Legal Fees post CLSA (includes 120 120 1,161 1,189 1,219costs of defending challenges)Earls Court CPO costs 0 704 722 740Earls Court Stopping up enquiries 0 51 53 54Earls Court Financial advice (due diligence) 25 25 26 27 27TIS contribution 94 94A Total 12,585 12,585 16,276 2,881 2,931FORECAST RESOURCES:B Brought Forward Resources (2011/12) (5,161) (5,161) 0 0 0C Expensive Dwellings Voids sales (26,000) (26,000) (32,287) (23,639) (24,230)D Other Sales (3,021) (3,021) (10,435) (450) 0E Earls Court (4,230) (4,230) (316)F HRA Shops (2,290) (2,290) (643) 0 0G(C+D+E+F)Total Resources (excl. b/fd & pretransfers)(35,541) (35,541) (43,681) (24,089) (24,230)