Archived decisions

Summary of Earmarked Reserve Balances

Actual

Original

Revised

Budget

01/04/06

31/03/07

31/03/07

31/03/08

£'000

£'000

£'000

£'000

33,388

Schools

28,696

32,778

32,576

Designated underspendings:

Services

1,484

Education

-

-

-

262

Environment

-

740

-

381

Policy and Resources

-

38

-

-

Recreation and Heritage

-

-

-

-

Social Services

-

-

-

Capital reserves

-

General capital reserve

6,546

-

-

253

Invest to Save reserve

178

261

186

Trading Units

1,007

Former Direct Service organisations

715

931

327

1,780

Services to schools

700

1,647

30

1,118

Supplies

988

1,020

906

407

Printing

527

401

472

-454

IT Services

3

-

100

11

Arts Marketing

11

36

19

Hampshire Wardrobe

-18

286

River Hamble

426

325

406

131

Caretaking and Cleaning

126

109

109

Others

7,300

Insurance

3,528

3,520

3,235

203

Segensworth unit factories

260

223

243

46

Historic publications

45

46

46

170

Hillier Gardens

128

170

170

975

Second Homes income

975

956

936

137

Pay and benefits project

60

60

-

10,400

Job evaluation transitional costs

10,000

17,569

16,966

23,750

Grant Equalization

24,950

24,950

26,150

3,505

Modernisation,restructuring and efficiency

3,400

-

-

Children's and Adults Invest to Save/VFM

-

700

3,538

Landfill allowances

2,829

4,274

2,712

Public Service Agreement Reward grant

5,138

1,186

85

Change for children

139

139

193

71

School catering support

196

71

71

92,946

Total earmarked reserves

82,597

93,957

89,283

Note:

The level of school reserves is dependent upon decisions made by each school governing body.

The budget assumes that contributions from schools towards capital schemes reflected in the

County Council's capital payments forecast will be met from reserves, but makes the neutral

assumption that schools revenue spending in 2006/07 and 2007/08 will match their delegated

budgets for the year. £4.988m of school reserves are temporarily employed in funding

Education capital expenditure through the school balances loan scheme.

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