member induction gcc’s financial challenges · gcc’s financial challenges pete bungard jo...
TRANSCRIPT
6/18/2013
1
Member Induction
GCC’s Financial
Challenges
Pete Bungard
Jo Walker
21st May 2013
6/18/2013
2
6/18/2013
3
6/18/2013
4
6/18/2013
5
Cuts
Close
Cheaper
New Thinking
to Stem Demand
Day Job
(2010 funding world)
New Tricks
to maintain a service
Transform; compete out or think out
How is GCC Funded?
6/18/2013
6
Gloucestershire County Council - MTFS Net
Expenditure Budget 2013/14
Gloucestershire County Council – 2013/14
Budget Book and MTFS Link:
http://www.gloucestershire.gov.uk/budget
6/18/2013
7
Gloucestershire County Council - MTFS Gross
Expenditure Budget 2013/14
Dedicated Schools Budget 2009-10
to 2013-14
6/18/2013
8
Capital Proposals 2013/14
Reducing Funds….
6/18/2013
9
3.4%
-2.1%
-1.0%
-3.6% -4.0%
-3.0%
-2.0%
-1.0%
0.0%
1.0%
2.0%
3.0%
4.0% GCC
2010-11 %
2011-12 %
2012-13 %
2013-14 %
Movements in the Budget
2010-11 to 2013-14
Total of Yr on Yr % change: -3.3%
-20.0%
-15.0%
-10.0%
-5.0%
0.0%
5.0%
10.0%
Adults Children & Families
Communities & Infrastructure
(Excluding Waste) Waste Corporate & Support
Costs
2010-11 % 2011-12 % 2012-13 % 2013-14 %
Movements in the Budget by Service
Area 2010-11 to 2013-14
Total of Yr on Yr
% change: +5.5%
Total of Yr on Yr
% change: -18.5%
Total of Yr on Yr
% change: +14.4%
Total of Yr on Yr
% change: -31.1%
Total of Yr on Yr
% change: -14.2%
6/18/2013
10
Budget change 2012/13 to 2013/14
£m.
2012/13 425.2.
Pay/Prices/Pensions 7.5.
Cost Increases 12.3.
Cost reductions (35.2)
Sub total 2013/14 409.8.
Public Health 21.1.
Total 2013/14 430.9.
Robustness of Budget Proposals: Reserves
Reserve Category
Balance as at
31st March 2013
£000
Earmarked Reserves 88,096
Schools Related Reserves 22,139
General Reserves 19,721
Capital Grants Unapplied
Reserve 2,956
Total Reserves 132,912
6/18/2013
11
Earmarked Reserves – 31st March 2013
Forecast: £89 million
Earmarked Reserves
£89 million
Contractual Commitments
£19 million
Meeting the Challenge
£15 million
Capital Fund
£17 million
Economic Stimulus Reserve
£9.5 million
Insurance Fund
£11 million
Technical Funding
Reserves
£17.5 million
Future Challenges 2014/15-16/17
• Increasing demand for services – population, geographical
• Funding cuts and changes
• Inspections/Quality audits – expecting more
• Rules are changing eg legislation
• Local Tax?
6/18/2013
12
Funding Gap if Council Tax Frozen
Cost Increases
Funding Reductions
Total
= £101m
2014/15 2015/16 2016/17 2017/18
Cost Increases 11.5 13.5 15.9 17.3
Funding Reductions -13.0 -13.3 -8.8 -7.8
Funding Gap if Council Tax increased by 2.0% pa
-60
-40
-20
0
20
40
60
2013/14 2014/15 2015/16 2016/17 2017/18
£ m
illi
on
Cost Increases
Funding Reductions
Total
= £82m
2014/15 2015/16 2016/17 2017/18
Cost Increases 11.5 13.5 15.9 17.3
Funding Reductions -8.5 -8.7 -4.0 -2.9
6/18/2013
13
Cuts
Close
Cheaper
New Thinking
to Stem Demand
Day Job
(2010 funding world)
New Tricks
to maintain a service
Transform; compete out or think out
30% cut in
Highways
spend
Restricted
Access to
Residential
Care
30% cut in
Support
Services
Closed
•3 Day Centres
•School
Improvement
Service Universal to
Targeted
Youth
Support
Lost
2,000
staff
12% cut by
outsourcing
Childrens’
Centres
34% cut in
the
subsidised
Bus Network
Reduced
support available
through
individual care
packages
Property
disposals
generated
£20.7 million
40% cut
in
Planning
50% cut in
Trading
Standards
Reablement