Archived decisions

RISK ASSESSMENT OF GENERAL BALANCES

%

£000

Comments

Cash- limited expenditure ( exc schools)

Inflation

Inflation

Pay

298,808

1.0

2,988

Pay award assumption is uncertain

Pay

290,151

8,657

Non pay

524,356

0.5

2,622

Allowing for potential for absorbtion within cash limit

Non pay expenditure

514,613

9,743

Income

-233,124

-0.5

1,166

Resistance plus inability to raise charges to meet estimated inflation

Income

-226,725

-6,399

-

Interest rates

22,445

1.5

337

About 0.25% short term interest rates

Base budget

578,039

12,001

-

-

Growth in budget strategy

7,020

Demand led

232,958

5.0

11,648

Allowing for potential for absorbtion within cash limit

Growth funded from redeployment

1,200

budgets

-

Savings to fund above

-

Insurance

5,446

33.0

1,797

Balance of contingency allocation

14,240

liabilities

-

Capital financing - principal

19,586

Achievement

-

-interest

22,445

of cashable

21,412

20.0

4,282

Flood Protection

403

savings ( say)

-

RCCO

29,368

Capital

60,000

5.0

3,000

To reflect possible reduction in values rather than delay

Specific grants ( exc schools)

-88,538

receipts

-

Reserve contributions variation

3,124

Winter maint'e

2,908

33.0

960

Risk of adverse winter conditions borne from balances

Redeployments within budget strategy

-

VAT - partial

-

Additional growth in service budgets

780

exemption

1,500

5.0

75

LATS

-1,445

(exc schools)

-

Budget requirement

598,223

-

Demand sensitive budgets

-

Older people placements

103,171

Physical/ sensory

14,453

Learning disabilities

59,407

28,874

Mental Health

4,848

Less likelihood of worst

50

14,437

Home to School transport

21,238

cases coinciding

Looked after children

21,289

Proposed target

Bus subsidies

7,448

balances

14,437

Abandoned vehicles

247

Coroners

857

232,958

Insurance liabilities

5,446

Winter maintenance

2,908

Business rates

3,747

Capital receipts

60,000