Savings Monitoring 2022/23
General Fund
|
|
2022/23 |
Savings |
|
Savings at Risk |
|
|
Savings |
Achieved / |
Savings |
as percentage of |
|
|
Proposed |
Anticipated |
At Risk |
Net Budget |
|
Directorate |
£'000 |
£'000 |
£'000 |
% |
|
Families, Children & Learning |
2,674 |
392 |
2,282 |
2.2% |
|
Health & Adult Social Care |
2,224 |
954 |
1,270 |
1.7% |
|
Economy, Environment & Culture |
2,730 |
986 |
1,744 |
4.1% |
|
Housing, Neighbourhoods & Communities |
1,932 |
1,452 |
480 |
1.9% |
|
Governance, People & Resources |
624 |
380 |
244 |
0.8% |
|
Corporate Budgets |
325 |
325 |
0 |
0% |
|
Total Directorate Savings |
10,509 |
4,489 |
6,020 |
2.8% |
Housing Revenue Account
|
|
2022/23 |
|
|
|
|
Savings |
Savings |
Savings |
|
|
Proposed |
Achieved |
Unachieved |
|
Directorate |
£'000 |
£'000 |
£'000 |
|
Housing Revenue Account |
0 |
0 |
0 |
|
Total HRA Savings |
0 |
0 |
0 |
Explanation and Mitigation of At Risk Savings
|
Directorate |
Savings at
Risk |
Explanation and potential mitigations for main savings at risk |
|
Families, Children & Learning |
2,282 |
The majority of the savings at risk relate to Children in Care (£1.278m) due to rising numbers of children entering care and increasing costs of children with very complex needs, and Adults with Learning Disabilities (£0.883m). This is a result of increasing fees and further fee uplift requests from providers. |
|
Health & Adult Social Care |
1,270 |
Due to delays in implementation of savings strategy and increasing unit costs. |
|
Economy, Environment & Culture |
1,744 |
The vast majority of savings within the Directorate are for price increases and growths in income generating areas. Price increases have been applied, however the anticipated income has yet to be achieved as these areas are dependent on demand including tourism and visitor numbers. The most significant areas of shortfall are £0.605m for parking tariff increases, £0.872m for resident permit increases where demand has reduced and reduction of maintenance budgets of £0.080m within Property |
|
Housing, Neighbourhoods & Communities |
480 |
Temporary Accommodation (£0.480m). The service is working to reduce the numbers in TA and Emergency Accommodation (EA) further but forecasts are cautious due to the current increases in the cost of living and the effect this may have on homelessness. |
|
Governance, People & Resources |
244 |
Income in Legal Services (£0.119m) and Life Events (£0.077m). Communications restructure (£0.048m). |
|
ORBIS |
0 |
|
|
Corporate Budgets |
0 |
|
|
Total General Fund |
6,020 |
|
|
Housing Revenue Account |
0 |
|
|
Grand Total |
6,020 |
|