APPROVED REDUCTIONSNEIGHBOURHOODS & CITY DEVELOPMENTApproved ChangeImpactSavingsApproved<strong>2013</strong>/14£000Amendments approved at Council meeting on26 February <strong>2013</strong> (Lib Dem amendment)Re-instate the reduction to the Prevention fund Maintains current service (280)Reduction in the Taxi Marshal budgetThe budget will reflect the annual spend and therefore will haveno service implications.20General efficiencies in directorate support activitiesNeighbourhoods efficiency savings - 60Crime Analyst - £30k. To be covered through grant funding. Noservice implicationsReduction in Performance Team - £30kDirectorate Total 6,38031
HRA REVENUE BUDGET <strong>2013</strong>/14NEIGHBOURHOODS(STATUTORY REVENUE ACCOUNT)ActivityBase budget2012/13Inflation Virement OtherVariationsBase <strong>Budget</strong><strong>2013</strong>/14£000 £000 £000 £000 £000INCOMERent Income 102,367 5,786 108,153Voids (821) (392) (1,212)Non Dwelling Rent Income 1,010 11 1,021Charges for services and facilities 7,595 8 1 7,604Other Income 144 86 229Total Income 110,295 0 8 5,492 115,795EXPENDITURERepair and Maintenance 23,456 278 747 24,481Supervision and Management 22,584 1 (7) (933) 21,645Special Services 12,873 12 (263) 802 13,424Rents, Rates & Taxes 880 55 936Provision for bad and doubtful debts 934 2,002 2,936Debt Management/Payment of loan interest 13,586 (1,062) 12,524Depreciation 28,848 797 29,645Revenue Contributions to Capital 2,745 5,456 8,201Total Expenditure 105,906 12 8 7,865 113,792NET OPERATING SURPLUS/ (DEFICIT) 4,388 (12) 0 (2,373) 2,003HOUSING REVENUE ACCOUNT BALANCESurplus/ (Deficit) at Beginning of the Year 31,835 37,6972012/13 Forecast Variance as at the end of October20121,474Surplus/ (Deficit) for the Year 4,388 (2,385) 2,003Surplus/ (Deficit) at the End of the Year 37,697 39,700The Housing Revenue Account budget for 2012-13 has been prepared in accordance with the Local Governmentand Housing Act 1989. The budget reported above is presented as a section 76 statement under the Act.32
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