Report - London Borough of Hillingdon

• +£0.1m other
• +£6.4m net increase.
Table C11: Analysis of 2005/06 capital resources
Resource Type
Current
Budgeted
Resources
Resources
available
now
05-06
Further
Resources
likely to be
obtained
Total
Estimated
Outturn
Resources
Estimated
Outturn
Expenditure
Variance
(+=Resource
deficit/ - =
Resource
surplus)
£000 £000 £000 £000 £000 £000
Capital Receipts -GF 34,704 9,154 20,194 29,348 12,579 -16,769
Capital Receipts - HRA 3,605 1,272 633 1,905 3,605 +1,700
Single Capital Pot 5,501 5,501 - 5,501 5,501 0
Prudential Borrowing 9,190 9,190 - 9,190 9,190 0
General Fund Revenue 114 114 114 100 -14
Subtotal General
Resources 53,114 25,231 20,827 46,058 30,975 -15,083
Supported Borrowing 26,394 26,394 - 26,222 26,222 0
Capital Grants 15,774 12,450 12,450 12,450 0
Third Party Contributions 2,259 2,259 - 2,259 2,259 0
HRA (including MRA) 16,525 16,525 16,525 16,525 0
Subtotal Specific
Resources 60,952 57,628 - 57,456 57,456 0
Total Resources 114,066 82,859 20,827 103,514 88,431 -15,083
139 Estimated outturn expenditure is only shown as a variance against Capital Receipts
as all of the other expenditure is limited to the actual resources. General Fund capital
expenditure receipts in 2005/06 are £5.4m lower than budget. However, the capital
expenditure is estimated to be a further £16.8m lower than estimated receipts. There has
been no change in HRA receipts since last quarter. Nevertheless this forecast is subject to a
degree of volatility as the council tenants who have exercised their right to buy have over a
year in which to decide whether to take up their offers, which makes completion dates
difficult to predict.
PART 1 – MEMBERS, PUBLIC AND PRESS
Cabinet report 10 th November 2005 Page 266