Common use of Budget Update Clause in Contracts

Budget Update. The portfolio’s current cash limit budget approved at the Budget Council Meeting was set at £21.330m. The table below illustrates the budget adjustments from the 2020/21 Quarter 3 position, which aligns to the PPRR 20/21 annual report. The indicative adjustments and savings were all agreed as part of the 2021/22 budget setting process. Partner Organisation Stranded Overhead Adjustment part year 60 Savings Proposal from 20/21; Reserves support reversal. (50) Adjustment to budget – resource and vacancy management plus additional waste income (70) The cash limit budget is illustrated in the table below illustrating gross expenditure and income to reflect the net cash limit budget: Employee Expenditure Non-Employee Expenditure Gross Expenditure Gross Income Net Cash limit Budget £000 £000 £000 £000 £000 Borough Leisure Facilities 19 640 659 0 659 Cemeteries and Crematoria 310 183 493 (963) (470) Climate Change 110 90 200 (200)* (0) Highways Maintenance 1,098 3,604 4,702 (1,380) 3,322 Housing Standards 299 8 307 (15) 292 Neighbourhoods 1,662 13,978 15,640 (960) 14,680 Public Protection 1,714 1008 2,722 (1,138) 1,584 Public Rights of Way 35 93 128 (29) 99 Road Safety 237 92 329 (264) 65 Strategic Housing 329 1,003 1,332 (1,332) (0) Street Lighting 0 3,481 3,481 (7) 3,474 Sustainable Policy 66 25 91 0 91 Traffic Services 610 257 867 (1,053) (186) Traffic Services (Parking) 704 1,527 2,231 (4,511) (2,280) *The £0.200m in the climate change income column is funded by a reserve and is not external income.

Budget Update. The portfolio’s current cash limit budget approved at the Budget Council Meeting was set at £21.330m. The table below illustrates the budget adjustments from the 2020/21 Quarter 3 position, which aligns to the PPRR 20/21 annual report. The indicative adjustments and savings were all agreed as part of the 2021/22 budget setting process. Partner Organisation Stranded Overhead Adjustment part year 60 Savings Proposal from 20/21; Reserves support reversal. (50) Adjustment to budget – resource and vacancy management plus additional waste income (70) The cash limit budget is illustrated in the table below illustrating gross expenditure and income to reflect the net cash limit budget: Employee Expenditure Non-Employee Expenditure Gross Expenditure Gross Income Net Cash limit Budget Employee Expenditure Non-Employee Expenditure Gross Expenditure Gross Income Net Cash limit Budget £000 £000 £000 £000 £000 Borough Leisure Facilities 19 640 659 0 659 Cemeteries and Crematoria 310 183 493 (963) (470) Climate Change 110 90 200 (200)* (0) Highways Maintenance 1,098 3,604 4,702 (1,380) 3,322 Housing Standards 299 8 307 (15) 292 Neighbourhoods 1,662 13,978 15,640 (960) 14,680 Public Protection 1,714 1008 2,722 (1,138) 1,584 Public Rights of Way 35 93 128 (29) 99 Road Safety 237 92 329 (264) 65 Strategic Housing 329 1,003 1,332 (1,332) (0) Street Lighting 0 3,481 3,481 (7) 3,474 Sustainable Policy 66 25 91 0 91 Traffic Services 610 257 867 (1,053) (186) Traffic Services (Parking) 704 1,527 2,231 (4,511) (2,280) *The £0.200m in the climate change income column is funded by a reserve and is not external income.