Appendix G
Reserves Statement - 2010/11 Outturn
Reserve
Purpose and Use of Reserve
Balance at
1/4/2010
Revised
Budgeted
2010/11
Movement
Total
Movement of
Reserve
2010/11
(UPDATED)
£
A working balance and
contingency, current
recommended balance is
General Fund £950,000. This also includes the
General Reserve rellocation of a number of
previously earmarked reserves to
be used over the next four years.
£
Balance at
1/4/2011
Updated
Budgeted
2011/12
Movement
Balance at
1/4/2012
Budgeted
2012/13
Movement
Balance at
1/4/2013
Budgeted
2013/14
Movement
Balance at
1/4/2014
Budgeted
2014/15
Movement
Balance at
1/4/2015
£
£
£
£
£
£
£
£
£
1,057,260
(76,368)
(57,353)
999,907
485,000
1,484,907
(200,000)
1,284,907
(200,000)
1,084,907
(100,000)
984,907
1,124,164
(88,255)
377,480
1,501,644
(82,934)
1,418,710
5,000
1,423,710
5,000
1,428,710
7,500
1,436,210
90,000
(90,000)
90,000
180,000
(180,000)
0
0
0
0
0
0
0
106,828
(106,828)
(65,402)
41,426
(41,426)
(0)
0
(0)
0
(0)
0
(0)
474,194
(457,966)
148,100
622,294
(622,294)
0
0
0
0
0
0
Earmarked Reserves:
To provide funding for capital
developments and purchase of
Capital Projects
major assets. This includes the
VAT Shelter Receipt.
Organisational
Development
To provide funding for
organisation development to
create capacity within the
organisation and address
anomalies within the pay
structure.
To support the ongoing coast
Coast Protection protection maintenance
programme.
Pathfinder
To help Coastal Communities
adapt to coastal changes.
Asset
Management
To support improvements to our
existing assets as identified
through the Asset Management
Plan.
97,374
(47,907)
(26,084)
71,290
(36,916)
34,374
(34,374)
0
0
0
0
0
Sheringham
Splash
Earmarked for repairs and
renewals for the Splash facility,
from repair budget underspends
in the year.
75,770
0
0
75,770
(75,770)
0
0
0
0
0
0
0
Sports Hall
Equipment
To support renewals for sports
hall equipment. Amount
transferred in the year represents
over or under achievement of
income target.
19,271
(4,000)
3,160
22,432
0
22,432
0
22,432
0
22,432
0
22,432
Appendix G
Reserves Statement - 2010/11 Outturn
Reserve
Purpose and Use of Reserve
Revised
Budgeted
2010/11
Movement
Balance at
1/4/2010
Total
Movement of
Reserve
2010/11
(UPDATED)
Balance at
1/4/2011
Updated
Budgeted
2011/12
Movement
Balance at
1/4/2012
Budgeted
2012/13
Movement
Balance at
1/4/2013
Budgeted
2013/14
Movement
Balance at
1/4/2014
Budgeted
2014/15
Movement
Balance at
1/4/2015
£
£
£
£
£
£
£
£
£
£
£
Common
Training
To deliver the corporate training
programme. Training and
development programmes are
sometimes not completed in the
year but are committed and
therefore funding is carried
forward in an earmarked reserve.
21,000
(21,000)
6,000
27,000
(27,000)
0
0
0
0
0
0
0
Local Strategic
Partnership
To ring fence underspends on the
LSP for future liabilities and
service delivery.
12,168
(12,168)
(12,168)
0
0
0
0
0
0
0
0
0
Environmental
Health
Earmarking of underspends for
future liabilities associated with
expansion of the waste service.
162,000
(79,500)
(79,500)
82,500
(82,500)
0
0
0
0
0
0
0
Environmental
Policy
Earmarking of a previous
underspend to meet future costs
of environmental policy initiatives.
39,000
(29,000)
(8,910)
30,090
(30,090)
0
0
0
0
0
0
0
Election Reserve
Established to meet costs
associated with district council
elections, to smooth the impact
between financial years.
40,000
40,000
40,000
80,000
(80,000)
0
30,000
30,000
30,000
60,000
30,000
90,000
Land Charges
New burdens personal search fee
grant.
0
0
50,356
50,356
0
50,356
0
50,356
0
50,356
0
50,356
Local
Development
Framework
Earmarked to fund the
examination and associated costs
for the LDF process.
44,000
(44,000)
(44,000)
0
0
0
0
0
0
0
0
0
LSVT Reserve
To meet the cost of successful
warranty claims not covered by
bonds and insurance following the
housing stock transfer.
435,000
0
0
435,000
0
435,000
0
435,000
0
435,000
0
435,000
Regeneration
Projects
Earmarked from previous
underspends for regeneration
projects.
80,105
(80,105)
(22,305)
57,800
(57,800)
0
0
0
0
0
0
0
Housing and Planning Delivery Grant (HPDG):
Appendix G
Reserves Statement - 2010/11 Outturn
Reserve
Purpose and Use of Reserve
Revised
Budgeted
2010/11
Movement
Balance at
1/4/2010
Total
Movement of
Reserve
2010/11
(UPDATED)
£
HPDG Revenue
HPDG - Capital
Carry forward of any unspent
HPDG for use on related
revenue/capital projects.
£
Balance at
1/4/2011
Updated
Budgeted
2011/12
Movement
Balance at
1/4/2012
Budgeted
2012/13
Movement
Balance at
1/4/2013
Budgeted
2013/14
Movement
Balance at
1/4/2014
Budgeted
2014/15
Movement
Balance at
1/4/2015
£
£
£
£
£
£
£
£
£
587,570
(254,583)
(183,748)
403,822
(370,835)
32,987
0
32,987
0
32,987
0
32,987
36,072
(19,390)
(22,899)
13,173
(13,173)
0
0
0
0
0
0
0
61,572
0
155,000
216,572
(141,572)
75,000
(75,000)
0
0
0
0
0
Housing
Homelessness grant funding
received in previous years.
Concessionary
Fares
To underwrite the potential
increased costs resulting from
ongoing claims by the bus
operators.
150,000
(39,334)
0
150,000
(110,666)
39,334
0
39,334
0
39,334
0
39,334
Benefits
To be used to mitigate any claw
back by the Department of Works
and Pensions following final
subsidy determination.
766,265
(295,881)
(95,881)
670,384
(470,384)
200,000
0
200,000
0
200,000
0
200,000
Restructuring
and Invest to
Save Proposals
To be used for restructuring costs
including one-off redundancy and
pension strain costs and invest to
save projects.
479,243
(155,400)
(139,211)
340,032
137,021
477,053
0
477,053
0
477,053
0
477,053
Carbon
Management
To fund revenue invest to save
initiatives as part of the Council's
Carbon Management Plan.
40,000
(40,000)
(4,120)
35,880
(35,880)
0
0
0
0
0
0
0
Whistle blowing
Commissioning investigation
activity.
10,000
0
0
10,000
0
10,000
0
10,000
0
10,000
0
10,000
Legal &
Democratic
Services
Funding for Compulsory
Purchase Order (CPO) work and
other one-off work as required.
49,000
(49,000)
(2,401)
46,599
(10,000)
36,599
0
36,599
0
36,599
0
36,599
Pier
To fund future repair costs for the
pier.
0
0
15,000
15,000
(15,000)
0
0
0
0
0
0
0
6,057,857
(1,950,685)
121,114
6,178,971
(1,862,219)
4,316,751
(274,374)
4,042,377
(165,000)
3,877,377
(62,500)
3,814,877
Total Reserves