Archived decisions

Summary of Earmarked Reserve Balances

Actual

Original

Revised

Budget

Budget

Budget

01/04/08

31/03/09

31/03/09

31/03/10

31/03/11

31/03/12

£'000

£'000

£'000

£'000

£'000

£'000

4

43,448

Schools

41,368

43,571

43,571

46,573

46,573

Designated Underspendings:

Services

5,253

Adult Services

-

7,800

3,900

1,700

-

764

Children's Services

1,300

-

-

-

992

Environment

-

314

-

-

-

2,293

Policy and Resources

-

2,659

-

-

-

50

Recreation and Heritage

-

50

50

50

50

Capital Reserves

13,868

General capital reserve

6,484

6,687

-

-

-

665

Invest to Save and Modernisation Reserve

2,571

1,841

3,602

7,099

8,911

Trading Units

1,295

Former Direct Service Organisations

749

1,616

1,421

1,750

2,000

3,252

Services to schools

403

3,227

2,846

1,963

996

1,258

Supplies

1,124

1,442

1,576

1,713

1,852

513

Printing

619

634

715

826

938

-465

IT Services

-1,061

-1,096

-302

210

324

12

Arts marketing

18

9

9

9

9

14

Hampshire Wardrobe

-10

18

19

9

-1

454

River Hamble

478

515

564

608

653

1,121

Children's Centres

-

939

539

539

539

149

Caretaking and Cleaning

138

182

182

182

182

Others

7,722

Insurance

5,231

7,722

7,722

7,722

7,722

247

Segensworth unit factories

259

264

282

300

318

39

Historic publications

44

39

39

39

39

105

Hillier Gardens

170

105

105

105

105

936

Second homes income

1,195

885

845

805

765

123

Part time pensions

150

123

123

123

123

36,426

Equal pay

31,126

37,429

38,384

39,994

41,794

26,150

Grant equalization

24,905

24,905

22,415

18,680

14,180

-

Corporate Policy

-

-

1,539

3,989

6,439

-

Corporate Services review

-

-

-

-

-

-

Local Authority Business growth incentive

-

993

993

993

993

3,958

Landfill allowances

3,958

5,758

6,058

6,058

6,058

3,347

Public Service Agreement Reward grant

50

855

234

50

50

193

Change for children

247

247

247

247

247

451

School catering support

269

451

451

451

451

154,633

Total Earmarked Reserves

120,485

151,484

138,129

142,787

142,310

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 2008/09 and 2009/10 will match their delegated budgets for the year. £3.302m of school

reserves are temporarily employed in funding Education capital expenditure through the school balances loan

scheme, but it is anticipated that the loans will be fully repaid by the end of 2010/11.

A17