Directorate Revised Forecast Variance Comments Budget 2015/16 Sept 2015 £000 £000 £’000 Adult Services is currently forecasting a favourable variance of £811,000. This is mainly due to additional continuing health care income, the maximisation of the Intermediate Care Fund grant funding and a reduction in placements and packages of care. Social 37,803 37,417 386 Services Children’s Services are forecasting and adverse variance is £426,000. This is mainly attributed to an increase in the number of looked after children within both children’s homes and fostering placements (£709,000). This is being offset by underspends in employee related costs (due to vacant posts £248,000). 4.3 Capital Expenditure Directorate In Year Forecast Variance Comments Programme Expend. Sept 2015 Budget 2015/16 2015/16 £000 £000 £000 There is an anticipated underspend against the Social 1,969 1,934 36 GWICES scheme, in conjunction with Torfaen. This Services will not be known for certain until year-end.
Directorate Revised Budget £000 Forecast 2015/16 £000 Variance Sept 2015 £’000 Comments Social Services 37,803 37,417 386 Adult Services is currently forecasting a favourable variance of £811,000. This is mainly due to additional continuing health care income, the maximisation of the Intermediate Care Fund grant funding and a reduction in placements and packages of care. Children’s Services are forecasting and adverse variance is £426,000. This is mainly attributed to an increase in the number of looked after children within both children’s homes and fostering placements (£709,000). This is being offset by underspends in employee related costs (due to vacant posts £248,000). 4.3 Capital Expenditure Directorate In Year Programme Budget 2015/16 £000 Forecast Expend. 2015/16 £000 Variance Sept 2015 £000 Comments Social Services 1,969 1,934 36 There is an anticipated underspend against the GWICES scheme, in conjunction with Torfaen. This will not be known for certain until year-end.
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