Issue - meetings

(1)                           Members were asked to note the June budget monitoring exception

report for 2009/10 reported to Cabinet on 12 July 2010.

Revenue

(2)         The overall position for the EHW Directorate was a predicted overspend of £0.29m.  This had been caused by pressure on the Freedom Pass budget because of the popularity of the pass and the increased numbers of journeys taken.  There was also considerable price pressure on Waste, with the April RPI being much higher than budgeted.  However this was being offset by forecast tonnage being lower than budgeted. 

(3)       Since the exception report was written, the in-year budget reductions had been announced. The revenue allocation from Area Based Grant (ABG) for road safety had been cut by £0.608m. This had resulted in a reduced contribution to the Kent & Medway Safety Camera Partnership of £0.44m and other road safety reductions of £0.168m (including not going ahead with the speed limit review).  KCC’s allocation for ‘Kickstart’ funding of £0.441m was also removed but the reduction had not been passed on to the EHW portfolio.

Capital

(4)               The Integrated Transport (IT) funding had been cut by £4.105m, the road safety allocation by £0.508m and the highway maintenance allocation by £0.04m.  The reduction in the IT funding had meant that a number of schemes would now have to be deferred.  The reduction in the road safety allocation would mean that new speed signs expected as a result of the Speed Limit Review would no longer be installed, as the review was not going ahead, and no more speed cameras would be installed.  The reduction on highways maintenance would result in a small revision to the programme of work for structures.

(5)               RESOLVED that the budget variations for the EHW Portfolio for 2010/11 based on the June exception report to Cabinet, and the effects of the subsequent in-year budget reductions be noted.