Appendix F
General Fund - Period 12 - 2010/11
Full Year
Budget
£
RESOURCES SERVICE AREA
Car Parking
Gross Direct Costs
590,243
Full Year
Actuals
£
Variance
£
586,697
(3,546)
16,320
(1,867,283)
13,843
(1,790,363)
(2,477)
76,920
114,995
107,785
(7,210)
(1,145,725)
(1,082,038)
63,687
97,419
(71,150)
95,789
(72,291)
(1,630)
(1,141)
Support Service Charges
28,140
26,389
(1,751)
Net Expenditure
54,409
49,887
(4,522)
Industrial Estates
Gross Direct Costs
38,264
38,123
(142)
18,686
(93,860)
118,112
(99,865)
99,426
(6,005)
40,950
39,581
(1,369)
4,040
95,950
91,910
(50)
(50)
(50)
(50)
0
0
85,605
86,478
873
(117,238)
57,800
26,167
(117,185)
55,867
25,160
53
(1,933)
(1,007)
Capital Charges
Gross Direct Income
Support Service Charges
Net Expenditure
Markets
Gross Direct Costs
Gross Direct Income
Capital Charges
Gross Direct Income
Support Service Charges
Net Expenditure
Surveyors Allotments
Gross Direct Income
Net Expenditure
Handyman
Gross Direct Costs
Gross Direct Income
Support Service Charges
Net Expenditure
Appendix F
General Fund - Period 12 - 2010/11
Full Year
Budget
£
RESOURCES SERVICE AREA
Parklands
Gross Direct Costs
28,360
Full Year
Actuals
£
Variance
£
16,646
(11,714)
5,050
(49,962)
5,050
(46,723)
0
3,239
22,600
6,048
21,738
(3,289)
(862)
(9,337)
549,364
565,999
16,635
15,000
19,593
4,593
(374,544)
(388,893)
(14,349)
Support Service Charges
519,560
477,664
(41,896)
Net Expenditure
709,380
674,363
(35,017)
33,600,954
33,754,054
153,100
24,945
(33,424,398)
24,945
(33,789,672)
0
(365,274)
Support Service Charges
596,450
552,592
(43,858)
Net Expenditure
797,951
541,919
(256,032)
52,390
52,390
55,074
55,074
2,684
2,684
Capital Charges
Gross Direct Income
Support Service Charges
Net Expenditure
Local Taxation
Gross Direct Costs
Capital Charges
Gross Direct Income
Benefits
Gross Direct Costs
Capital Charges
Gross Direct Income
Treasury Management
Support Service Charges
Net Expenditure
Appendix F
General Fund - Period 12 - 2010/11
Full Year
Budget
£
RESOURCES SERVICE AREA
Discretionary Rate Relief
Gross Direct Costs
68,018
Net Expenditure
Non Distributed Costs
Gross Direct Costs
Net Expenditure
Full Year
Actuals
£
Variance
£
56,783
(11,235)
68,018
56,783
(11,235)
0
0
(6,712,000)
(6,712,000)
(6,712,000)
(6,712,000)
Note A: This budget reflects notional charges in relation to IAS 19, pension cos
Settlements and Curtailments which represents the cost of the early payment o
Also included is (£6,733,000) for Past Service Costs which arise as a result of a
retire early on unreduced benefits on the grounds of efficiency. This represents
linked to the Consumer Prices Index (CPI) and not the Retail Prices Index (RPI
the account to ensure there is no impact on the bottom line.
Benefits & Revenues Management
Gross Direct Costs
147,089
Gross Direct Income
0
Support Service Charges
(147,089)
Net Expenditure
0
150,016
(5)
(150,011)
0
2,927
(5)
(2,922)
0
Personnel & Payroll Support Services
Gross Direct Costs
413,722
349,213
(64,509)
(10,000)
(403,722)
(10,075)
(339,138)
(75)
64,584
0
0
0
Gross Direct Income
Support Service Charges
Net Expenditure
Appendix F
General Fund - Period 12 - 2010/11
Full Year
Budget
£
RESOURCES SERVICE AREA
Administrative Buildings
Gross Direct Costs
Capital Charges
Gross Direct Income
Support Service Charges
Net Expenditure
Full Year
Actuals
£
Variance
£
523,346
118,113
(99,617)
550,126
118,113
(108,199)
26,780
0
(8,582)
(489,178)
52,664
(494,364)
65,676
(5,186)
13,012
Note A - £29,369 Costs associated with clearance of Blowlands Depot and sub
£3,791 Increased expenditure on premises repairs and maintenance. £10,273 A
Cromer and Fakenham Connect Offices. £2,655 Additional refuse collection co
£2,576 Additional costs incurred at Fakenham Connect as a result of moving te
(£7,180) Reduced expenditure on equipment repairs and maintenance and con
equipment rental and hire. (£3,500) Underspend on upholstery of council chairs
Underspend on office structural survey being funded from the Asset Manageme
legionella surveys. (£2,555) Reduction in telephone expenditure. £3,196 Additio
additional income.
Property Services
Gross Direct Costs
444,210
466,225
22,015
Gross Direct Income
(10,000)
(35,000)
(25,000)
Support Service Charges
Net Expenditure
(434,210)
0
(431,225)
0
2,985
0
Corporate Finance
Gross Direct Costs
Capital Charges
Gross Direct Income
Support Service Charges
592,088
2,170
(410)
(589,848)
601,004
2,170
0
(603,174)
8,916
0
410
(13,326)
4,000
0
(4,000)
287,048
(22,650)
284,856
(16,997)
(2,192)
5,653
(264,398)
(267,859)
(3,461)
0
0
0
Net Expenditure
Insurance & Risk Management
Gross Direct Costs
Gross Direct Income
Support Service Charges
Net Expenditure
Appendix F
General Fund - Period 12 - 2010/11
Full Year
Budget
£
RESOURCES SERVICE AREA
Internal Audit
Gross Direct Costs
131,467
Support Service Charges
(131,467)
Net Expenditure
0
Full Year
Actuals
£
Variance
£
132,154
(132,154)
0
687
(687)
0
54,300
(54,300)
0
50,728
(50,728)
0
(3,572)
3,572
0
Foreshore
Gross Direct Costs
81,877
78,672
(3,205)
Capital Charges
Gross Direct Income
Support Service Charges
7,996
(329)
67,120
7,996
(329)
63,761
0
0
(3,359)
156,664
150,100
(6,564)
9,519
11,931
2,412
Gross Direct Income
Support Service Charges
(2,000)
29,260
(2,000)
28,217
0
(1,043)
Net Expenditure
36,779
38,148
1,369
108,963
113,540
4,577
2,900
(201,663)
2,900
(209,672)
0
(8,009)
109,010
104,915
(4,095)
19,210
11,683
(7,527)
Performance Management
Gross Direct Costs
Support Service Charges
Net Expenditure
Net Expenditure
Community Centres
Gross Direct Costs
Investment Properties
Gross Direct Costs
Capital Charges
Gross Direct Income
Support Service Charges
Net Expenditure
Appendix F
General Fund - Period 12 - 2010/11
Full Year
Budget
£
RESOURCES SERVICE AREA
Central Costs
Gross Direct Costs
226,083
Full Year
Actuals
£
Variance
£
47,116
(178,967)
(226,083)
(47,116)
178,967
0
0
0
Corporate & Democratic Core
Gross Direct Costs
376,414
365,075
(11,339)
Support Service Charges
865,450
857,872
(7,578)
1,241,864
1,222,947
(18,917)
742,841
754,264
11,423
(300)
(742,541)
(431)
(753,833)
(131)
(11,292)
0
0
0
2,083,809
(4,809,687)
(6,893,496)
Support Service Charges
Net Expenditure
Net Expenditure
Corporate Leadership Team
Gross Direct Costs
Gross Direct Income
Support Service Charges
Net Expenditure
Appendix F
Explanation for Major Variances
£4,229 Additional rents due on leased car parks.
£1,224 Increased electricity costs. (£6,605)
Reduced contract management costs. (£2,186)
Reduced NNDR costs
(£2,477) Reduced depreciation charges
£58,868 Reduced income from pay and display
car park charges. £13,277 Reduced income from
excess charges. £5,902 Reduced income from
season tickets. (£1,406) Additional income
following increase in licence rents due on car
parks.
(£3,648) Reduced charge from Estates and
Valuation following reduction in service costs.
(£1,655) Lower recharge for legal disbursements.
(£3,276) Reduced contract services costs
(£1,141) Increased income from market rentals.
(£1,751) Reduced charges from Estates and
Valuation and Internal Audit.
No major variances
Reffcus - Wymans Way
(£5,788) Additional income following rent reviews,
extended periods of occupation and introduction of
service charges on lease renegotiations.
(£1,362) Reduced charges from Estates and
Valuation.
No major variances
£1,011 Additional costs associated with overtime
and standby payments. £1,010 IAS 19 pension
adjustment. (£3,178) Reduction in consumable
materials used.
No major variances
No major variances
Appendix F
Explanation for Major Variances
(£10,765) Reduced electricity costs following
invoicing on meter readings rather than estimates.
(£2,458) Lower expenditure on repairs and
maintenance
£4,285 Reduction in electricity recharges following
on from reduced expenditure on electricity.
No major variances
£5,987 IAS19 pension adjustment. £6,500
Additional Business Rates Software costs covered
by new burdens grant. £6,722 Additional Postage
costs.
£4,593 Interest on NNDR Refunds greater than
budgeted.
(£13,485) New burdens Grant for Business Rates.
£4,918 Court costs recovered lower than
antcipated. (£4,593) Additional Interest payments
credited through collection fund.
The main explanation for this variance is reduced
recharges from (£7,715) Postal and Scanning,
(£9,475) Computer applications team and (£9,907)
Central Costs. The balance is made up of smaller
variances.
£8,553 IAS19 pension adjustment. £129,678
Provison for bad and doubtful debts including bad
debt write offs. £16,834 Increase in benefits
payments made.
(£57,499) Prior year subsidy adjustments. £11,790
Income based on draft final subsidy claim. A
provision has been made against this as system
reconciliations and important year end software
patches had not been implemented when the draft
claim was produced. (£314,751) relating to
recovery of Overpaid benefits, (£27,174) of this
relates to movement on the system debtor
provision.
Reduced recharges from Central Costs (£18,078),
Fakenham Connect (£13,520) , Computer network
and PCs (£9,013).
No major variances.
Appendix F
Explanation for Major Variances
The amount of relief given was less than
budgeted.
See Note A
sts. The variance consists of £21,000 for
of pension benefits as a result of redundancies.
awarding added years or allowing employees to
s the effect of future pension increases being
I). The impact of these costs are reversed out of
No major variances.
No major variances.
£3,698 - IAS 19 adjustment for pension costs.
(£10,854) - No relocation or interview expenses
have been incurred. (£48,703) - Underspend on
common training budget Of this £27,000 has been
carried forward and is split as follows: £12,000 on
Members training to fund the cost of new Member
induction and subsequent training following the
District elections held in May 2011, £5,000 for the
Learning Pool and £10,000 for Health & Safety
Reduced recharges to reflect lower costs in the
year.
Appendix F
Explanation for Major Variances
See Note A
(£6,323) Insurance claim reimbusement. (£3,384)
Additional canteen income offset by expenditure
on consumable purchases. £2,750 Reduction in
recoverable charges from external organisations.
No major variances
bsequent depot issues, not eligible for capitalising.
Additional utilities expenditure in relation to the
osts. (£2,497) Reduced contract cleaning costs.
enants from Fakenham Community Centre.
nsumable materials. (£6,876) Reduction in
s - requested for carry forward to 2011/12. (£8,125)
ent Reserve. £3,541 Additional expenditure on
onal canteen consumables purchases offset by
£4,765 IAS 19 pension adjustment. £4,940
Additional costs mainly due to turnover savings not
achieved. (£1,500) Reduced training costs.
(£1,398) Reduced travelling expenses. £2,252
Surveyors / Agents fees for Bridge Street
Fakenham. £8,508 Additional costs relating to
Leadership of Place, offset by grant income.
(£25,000) Additional grant income in relation to
Leadership of Place. The balance of this is fully
committed and has therefore been carried forward
in 2011/12 in an earmarked reserve.
No major variances
£6,334 IAS 19 pension adjustment.
Increase in direct costs recharged on to final
services.
(£4,229) - Saving in salaries and oncosts
£5,654 - Work undertaken for Great Yarmouth
Borough Council ceased before the end of the
financial year.
Higher recharges to reflect higher costs in the
year.
Appendix F
Explanation for Major Variances
No Major Variances
No Major Variances
No Major Variances
No Major Variances
£5,202 Additional repairs and maintenance
expenditure. (£3,613) Reduction in grounds
maintenance
charges.
(£1,630)
Reduced
expenditure on materials consumables. (£1,714)
Reduced expenditure on water and sewerage.
No major variances
No major variances
(£1,643) Reduced recharge from Estates and
Valuation
£3,024 Essential repairs and maintenance and
professional fees expenditure in relation to
Fakenham Community Centre
(£1,053) Reduced recharge from Estates and
Valuation
£2,167 Additional repairs and maintenance
expenditure incurred in year. £3,661 Professional
fees incurred, partially offset by increase in
recoverable charges.
(£10,405) Additional recoverable income following
the introduction of service charges for common
parts at the Rocket House. (£2,830) Professional
fee expenditure recoverable from contractor.
£4,552 Reduction in standard recovery of utilities
expenditure as a result of over provision in
previous years. £1,973 Reduction in rental income
following lease changes, together with additional
licences being issued.
(£3,504) Reduced recharge from Estates and
Valuation
Appendix F
Explanation for Major Variances
(£90,000) - One off implications of pay and grading
funded from Organisational Development Reserve
(previously carried forward from 2009/10).
(£90,000) - Pay and grading implications, budget
previously assumed implementation costs in
2010/11, not yet implemented and therefore still
requirement of this pending finalisation of model.
Reduced recharges to reflect lower costs in the
year.
(£6,219) - External audit fees. The balance
consists of minor variances under £2,000
£3,941 - Higher Treasury Management costs
reflecting higher bank charges. (£4,517) - Lower
recharges from Customer Services. £6,058 Higher Internal Audit recharges. (£10,941) - Lower
recharges from Legal Services.
£9,379 IAS 19 pension adjustment. £4,501
Turnover savings not made. This is offset by a
number of minor variances under supplies and
services.
No major variances.
Increased expenditure recharged out to services.