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Waverley Borough Council Committee System - Committee Document

Meeting of the Executive held on 03/02/2004
APPENDIX B.1 - FINANCIAL STRATEGY 2004/2005 - 2006/2007 - BUDGET STRATEGY 2004/2005 - DRAFT GENERAL FUND CAPITAL PROGRAMME 2004/2005



Summary & Purpose
The purpose of this report is to agree the final recommendation to Council regarding the General Fund Capital Programme for 2004/2005. The report contains observations from the Overview and Scrutiny Committees which met on 13th January 2004.

Quality of Life Implications
Natural Resource Use
Pollution Prevention and Control
Biodiversity and Nature
Local Environment
Social Inclusion
Safe Communities
Local Economy
Natural
Resource Use
Pollution
Prevention and Control
Biodiversity
and Nature
Local
Environment
Social
Inclusion
Safe, Healthy
and Active
Communities
Local
Economy
Positive
Positive
Positive
Positive
Positive
Positive
Positive


APPENDIX B.1

WAVERLEY BOROUGH COUNCIL

EXECUTIVE – 3rd FEBRUARY 2004

________________________________________________________________________

Title: FINANCIAL STRATEGY 2004/2005 – 2006/2007

BUDGET STRATEGY 2004/5

DRAFT GENERAL FUND CAPITAL PROGRAMME 2004/2005

[Wards Affected: All]
________________________________________________________________________

Summary and Purpose

The purpose of this report is to agree the final recommendation to Council regarding the General Fund Capital Programme for 2004/2005. The report contains observations from the Overview and Scrutiny Committees which met on 13th January 2004.


Quality of life implications – social, environmental & economic (sustainable development):

Natural Resource Use
Pollution Prevention and Control
Biodiversity and Nature
Local Environment
Social Inclusion
Safe, Healthy and Active Communities
Local Economy
Positive
Positive
Positive
Positive
Positive
Positive
Positive

E-Government implications:

The draft Capital Programme contains provision to enable the delivery of Waverley’s E-Government Strategy.

Resource and legal implications:

Several proposed schemes will enable the Council to fulfil its legal obligations; these include Disability Discrimination Act works, inspection and works to dangerous trees and cemetery headstone stability. Resource implications are contained throughout the report.

_________________________________________________________________________
Introduction

1. Initial proposals for the 2004/2005 – 2006/2007 Capital Programme were presented to the Executive on 2nd December 2003. These proposals totalled some 3.75m in 2004/2005 compared with the guideline of 2.15m contained within the Financial Strategy. Therefore, the Executive requested the Officers to advise its next meeting on 6Th January which priority schemes should be programmed for 2004/5 for consideration by the Overview and Scrutiny Committees.

Observations from Overview and Scrutiny Committees

2. The following observations are those of the Overview and Scrutiny Committees: (a) Corporate More specific items were agreed as potential reductions for recommendation to the Executive, and these are set out in the table below: (b) Community

(c) Environment and Leisure Draft 2004/2005 Capital Programme

3. Officers have re-examined the proposed schemes for 2004/2005 with particular regard to the observations made by the Overview and Scrutiny Committees on 13th January.

4. Several schemes that were originally put forward to be undertaken next year are now scheduled for the following year. In other cases, the amounts allocated have been scaled down from the initial requests to levels more appropriate to the resources available. Schemes that enable the Council to fulfil its legal obligations remain unaltered, as do schemes that deliver the Council’s key policy objectives.
6. This rescheduled Programme is generally in line with the suggestions from the Overview Committees, with two exceptions. First, the previous figure of 20,000 pa. for Land Drainage has been removed to be replaced with appropriate sums for future schemes which may be approved in the future. This is in line with the report on Land Drainage Policy at Agenda Item 21. Second, the programme still provides for two replacement Environmental Health Service vehicles in 2004/5. Replacement of these vehicles has already been delayed for a year beyond the scheduled date and funding is provided from the Renewals Fund. Officers advise that it would be a false economy to delay replacement of one vehicle for a further year. Information Technology Programme

7. The Information Technology programme is in accordance with Waverley’s statement regarding the Implementing Electronic Government Initiative. Waverley has been awarded grants of 200,000 in 2002/2003 and 2003/2004 to facilitate the implementation of this initiative. A further grant of up to 200,000 for 2004/2005 is dependent upon the outcome of this year’s submission. The outcome is still awaited. Officers will offer further advice regarding next years Information Technology programme when this information is received.

Three-Year Capital Programme

8. The amended proposals for 2005/2006 and 2006/2007 still exceed the resources currently allocated within Waverley’s Financial Strategy. However, there is scope for additional resources to become available in future years, although there are likely to be further competing demands on these including the possible need to finance an affordable homes programme. Conclusion

9. The draft Capital Programme at Annexe 1 is broadly in line with the resource figure identified at Annexe 2. Certain schemes, in particular the Frensham Pond Dredging Project are the subject of external funding applications that could reduce the call on Waverley’s resources. The schemes reflect the priorities adopted by the Council as contained in various strategies including the Capital Strategy. The Programme includes several schemes that are necessary to comply with new legislation and initiatives. Although the Programme now recommended for approval has been reduced from the initial draft Programme, it nevertheless represents a significant increase on levels that have been achieved in recent years and includes a good number of new schemes.

Recommendation

It is recommended that the Executive recommend that Council:

1. approves the 2004/5 General Fund Capital Programme as shown at Annexe 1;
2. agrees the financing proposals in accordance with Annexe 2; and
3. amends the Financial Strategy to reflect the increased use of the Revenue Reserve Fund for financing the Capital Programme.
_______________________________________________________________________
Background Papers (DoF)

There are no background papers (as defined by Section 100D(5) of the Local Government Act 1972) relating to this report.
________________________________________________________________________

Contact Officer: Brian Long Telephone: 01483 523253
E-mail: blong@waverley.gov.uk

comms/exec/03-04/468