Proposed Draft Revenue Budget for 2015/16 and 2016/17 · Agenda item no 7 agenda 7 Page 1 of 4 Proposed Draft Revenue Budget for 2015/16 and 2016/17 Committee . Strategy & Programmes

Agenda item no 7

agenda 7 Page 1 of 4

Proposed Draft Revenue Budget for 2015/16 and 2016/17

Committee Strategy & Programmes

Date of meeting 28 November 2014 Date of report 13 November 2014

Report by Assistant Chief Executive (Business Support) 1. Object of report

To present to the committee, a draft balanced revenue budget for the following two financial years, outlining the assumptions made and proposals for fees and charges and local authority requisition.

2. Background The committee, at its meeting on 13 December 2013, approved a two year budget plan which complemented SPTs long term financial strategy. The key elements of this strategy, as approved, sought to ensure service levels were maintained including protection of socially necessary bus services while providing funding to support specifically the subway modernisation project and funding to local authority capital plans. This was to be achieved via savings generated across all parts of SPT and without additional call on local authority requisition levels. The two year budget approved in December 2013 was consistent with these objectives, and a recent review of outcomes has identified that the plan is delivering the savings targeted. Critically a number of key projects are continuing to produce whole year savings and this can be summarised as follows: Table 1 below shows the change in headcount which has been achieved since the long term plan was approved in 2010. As reported to the Personnel Committee, the payback period achieved following the Voluntary Severance and early retirement schemes is approximately 18 months and as a result full year savings have been achieved earlier.

756.5

710.5

656.1

602.2

557.9 549.7 554.5 550.5

50.00%

60.00%

70.00%

80.00%

90.00%

100.00%

2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 2016/17

Establishment Numbers 2009/10 to 2016/17

Agenda item no 7


This reduction in headcount has only been possible by significant changes to the organisational structure, and a review of all work practices. This work continues on an ongoing basis to ensure that work practices and processes are as streamlined and efficient as possible within the public administrative environment. This has also resulted in a change in organisational culture, ceasing to undertake tasks which no longer are relevant or add value. We continue to keep all matters under review. This approach has very much been developed after meaningful discussions with the respective trade unions who while protecting their members also demonstrate an understanding of the financial environment which SPT is operating within. The charts below also demonstrate how the distribution of SPT expenditure has changed from 2010/11 with employee costs as a percentage of total spend reduced by 6%, whilst the percentage allocated to third party payments (which includes bus operator payments) increased by 3% in cash terms and contribution to the subway modernisation and local authority capital projects also increased by 4% in cash terms.

Employee Costs 44.8%

Property Costs 10.3%

Supplies & Services 3.1%

Transport & Plant Costs 0.4%

Third Party Payments

26.4%

Contribution to Subway

Modernisation Fund 15.1%

2010/11 - Expenditure per category

Employee Costs 39.0%

Property Costs 10.4%

Supplies & Services 2.2%

Transport & Plant Costs 0.5%

Third Party Payments 29.1%

Contribution to Subway Modernisation

Fund 15.5%

Contribution to Capital Funded from Revenue

3.4%

2015/16 - Expenditure per category

Agenda item no 7


Importantly during this time, while the level of requisition from the funding partners has decreased by an initial 2.6% and then remained constant in cash terms flat since 2010/11, SPT has absorbed all inflation and cost pressures arising during this period within the cash levels available. These inflationary pressures are estimated to be valued at approximately £5.8m over the 5 year period.

3. Outline of proposals The indicative budget presented and approved in December 2013 for financial year 2015/16 remains in the main intact, with amendments made to reflect events throughout the year. The detail is attached at Appendix 1. The budget continues the plan to maintain bus subsidy and ensuring funding is released to support the capital plan and subway modernisation. A number of other cost pressures remain with allowances being made within the proposed budget. The major elements relate to the cost of maintaining the current subway assets during the transition to new stations, rolling stock and new ticketing but also include the increasing cost of power, cleaning of stations and maintenance of modernised facilities. The proposal for fares, fees and charges is for the majority to remain unchanged. The exception relates to the bus station departure charges where a review of the differential charges at each bus station has been undertaken reflecting the significant capital and operational investment in recent years, e.g. at Hamilton and Greenock Bus Station. The proposal, see Appendix 3 for details, is to revise the charge structure over a 3 year period to better reflect the facilities and cost of operation of each station. In relation to Buchanan Bus Station, it is proposed to increase departure charges by an average of 2.6%. This will be the first increase since 2009/10. In addition an indicative plan for 2016/17 has also been prepared and it is proposed that this expenditure plan is also approved in principle, thus allowing both SPT and funding partners to have early planning assumptions. Clearly it is essential that SPTs expenditure plans also take into consideration the affordability of the plans to the funding partners – the long term plan sought to maintain our priorities, if possible, without an additional call or burden to the local authority requisition. This can only be achieved by diverting the savings made to the areas of priority. The budget proposals for 2015/16 and indicative 2016/17 also propose to set the requisition at current levels in cash terms. These assumptions and plans as always are shared with the funding partners at an early stage and have been included within their own financial plans.

4. Conclusion In summary it is recommended that the previously agreed budget for 2015/16 be approved for the next financial year, together with an indicative budget for 2016/17. These would set the net revenue budget at £38.418m to be funded from local authority requisitions of £37.381m (see Appendix 2 for breakdown) and £1.037m from Scottish Government. This is in line with the long-term financial plan previously approved by the committee.

Agenda item no 7


5. Committee action The committee is recommended to: • approve the net revenue budget of £38.418m, to be funded from local authority

requisitions of £37.381m and Scottish Government of £1.037m;

• approve the increase in bus station departure charges; • approve in principle the indicative 2016/17 draft plan which will be re-presented

to the committee for consideration at a future meeting; and • recommend that the Partnership approves the matters as outlined above.

6. Consequences

Policy consequences Consistent with SPT policies of maintaining services at affordable levels

Legal consequences Legal balanced budget must be established

Financial consequences As outlined in the report

Personnel consequences None directly

Equalities consequences Maintains services at current service levels

Risk consequences None directly

Name Valerie Davidson

Name Gordon Maclennan

Title Assistant Chief Executive (Business Support)

Title Chief Executive

For further information, please contact Valerie Davidson on 0141 333 3298

Appendix 1

Budget Report by Division

Budget 2015/16 - 2016/17

Historic Data

Budget 2014/15 Budget 2015/16

Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

Chief Executive

Cabinet 617,236 627,490 (10,254) 627,490 0

Total Chief Executive 617,236 627,490 (10,254) 627,490 0

Operations

Subway 1,343,029 1,587,789 (244,759) 1,240,897 346,892

Bus Operations 17,115,545 17,543,762 (428,217) 17,514,167 29,595

Projects 1,125,454 1,244,504 (119,050) 1,299,844 (55,340)

Health and Safety 142,809 144,004 (1,194) 145,325 (1,321)

Customer Standards 434,530 485,870 (51,341) 493,793 (7,922)

Total Operations 20,161,367 21,005,929 (844,562) 20,694,026 311,902

Business Support

Finance & Human Resources 1,242,203 1,232,277 9,926 1,227,336 4,941

Information Technology 711,531 716,496 (4,965) 720,545 (4,049)

Communications 718,275 708,706 9,569 709,365 (659)

Legal Services 456,753 370,334 86,419 372,538 (2,204)

Business Support 375,175 290,405 84,770 292,678 (2,273)

Elected Members 80,430 80,430 0 80,430 0

Corporate 3,505,029 2,155,933 1,349,096 2,338,592 (182,659)

Total Business Support 7,089,397 5,554,581 1,534,816 5,741,484 (186,902)

Contribution to Subway Modernisation Fund 8,050,000 9,230,000 (1,180,000) 9,355,000 (125,000)

Contribution to Capital Funded from Revenue 2,500,000 2,000,000 500,000 2,000,000 0

Net Total 38,418,000 38,418,000 0 38,418,000 (0)

Proposed

Page 1 of 15

Appendix 1

Budget Report by Subjective

Budget 2015/16 - 2016/17 `

#NAME? ##

Historic Data Notes


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 16,914,232 17,220,267 (306,035) 17,258,787 (38,521) 1

Overtime 681,300 680,800 500 650,800 30,000

Other Employee Costs 5,225,024 5,377,321 (152,297) 5,381,971 (4,650) 2

Sub Total Employee Costs 22,820,555 23,278,387 (457,832) 23,291,558 (13,171)

Property Costs

Electricity 1,740,460 1,833,900 (93,440) 1,833,900 0 3

Repairs and Maintenance 598,400 572,400 26,000 572,400 0

Property Insurance 600,000 600,000 0 600,000 0

Other Property Costs 3,135,350 3,213,731 (78,381) 3,263,458 (49,728) 4

Sub Total Property Costs 6,074,210 6,220,031 (145,820) 6,269,758 (49,728)

Supplies & Services 1,789,145 1,312,021 477,123 1,371,717 (59,696) 5

Transport & Plant Costs 197,300 278,300 (81,000) 278,300 0 6


Bus Operator Payments 12,622,900 12,622,900 0 12,622,900 0

Communications 423,000 386,000 37,000 380,000 6,000

Other Third Party Payments 4,090,309 4,319,393 (229,085) 3,962,799 356,594 7

Sub Total Third Party Payments 17,136,209 17,328,293 (192,085) 16,965,699 362,594

Financing Costs

Contribution to Subway Modernisation Fund 8,050,000 9,230,000 (1,180,000) 9,355,000 (125,000) 8

Contribution to Capital Funded from Revenue 2,500,000 2,000,000 500,000 2,000,000 0 9

Sub Total Financing Costs 10,550,000 11,230,000 (680,000) 11,355,000 (125,000)

TOTAL EXPENDITURE 58,567,418 59,647,032 (1,079,614) 59,532,032 115,000

INCOME

Subway Income (15,266,202) (16,206,800) 940,598 (16,206,800) 0 10

Bus Operations Income (2,649,524) (2,634,393) (15,131) (2,669,393) 35,000

Agency Fee Income - Councils (1,196,980) (1,197,840) 859 (1,197,840) 0

Interest Received (320,000) (500,000) 180,000 (350,000) (150,000) 11

Other Income (716,712) (690,000) (26,712) (690,000) 0

TOTAL INCOME (20,149,418) (21,229,033) 1,079,614 (21,114,033) (115,000)

Net Total 38,418,000 38,418,000 0 38,418,000 (0)

Notes

1. As a result of a small increase to establishment, salary uplifts and increments.

2. Due to salary uplifts and increments. Also more employees now in the pension scheme post auto enrollment.

3. Due to increased unit rates and traction power usage.

4. Takes account of confirmed cleaning contract prices.

5. Due to a reduction in the corporate ticket cost budget and increased capitalisation in the Subway.

6. Increased budget based on current run rate of SPT owned bus repairs.

7. Increased costs in respect of agency staff required to support ongoing infrastructure works in tunnels and track.

8. As per the business case the proposed budget allows for an increased contribution to the Subway Modernisation Fund.

9. Reduced to take account of capital funding available in 2015/16.

10. Based on current run rates, an increase in Subway income has been projected.

11. Based on current rates obtained and projected cash balances in 2015/16 and 2016/17.

Proposed

Page 2 of 15

Appendix 1

Budget Report by Directorate - Cabinet

Budget 2015/16 - 2016/17

##

Historic Data


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 460,524 468,940 (8,417) 468,940 0

Other Employee Costs 140,713 142,550 (1,837) 142,550 0

Sub Total Employee Costs 601,236 611,490 (10,254) 611,490 0

Supplies & Services 5,000 5,000 0 5,000 0

Transport & Plant Costs 11,000 11,000 (0) 11,000 0

TOTAL EXPENDITURE 617,236 627,490 (10,254) 627,490 0

Net Total 617,236 627,490 (10,254) 627,490 0

Proposed

Page 3 of 15

Appendix 1

Budget Report by Directorate - Subway

Budget 2015/16 - 2016/17

##

Historic Data Notes


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 7,272,940 7,312,042 (39,102) 7,333,277 (21,235) 1

Overtime 463,300 463,300 0 433,300 30,000

Other Employee Costs 2,049,607 2,091,993 (42,386) 2,098,683 (6,690) 1

Sub Total Employee Costs 9,785,847 9,867,334 (81,488) 9,865,260 2,075

Property Costs

Electricity 1,270,000 1,374,500 (104,500) 1,374,500 0 2

Property Insurance 600,000 600,000 0 600,000 0

Other Property Costs 1,577,600 1,565,888 11,712 1,598,449 (32,561)


Supplies & Services 1,333,100 1,373,473 (40,373) 1,351,689 21,784 3

Transport & Plant Costs 20,000 20,000 0 20,000 0


Bus Operator Payments 35,000 35,000 0 35,000 0

Other Third Party Payments 1,987,684 2,958,393 (970,709) 2,602,799 355,594 4

Sub Total Third Party Payments 2,022,684 2,993,393 (970,709) 2,637,799 355,594

TOTAL EXPENDITURE 16,609,232 17,794,589 (1,185,357) 17,447,697 346,892

INCOME

Subway Income (15,266,202) (16,206,800) 940,598 (16,206,800) 0 5

TOTAL INCOME (15,266,202) (16,206,800) 11,227,366 (16,206,800) 0

Net Total 1,343,029 1,587,789 (244,759) 1,240,897 346,892

Notes

1. Increase in costs as a result of inflation and increment uplifts offset by a reduction in maintenance establishment of 4 employees.

2. As a result of increased usage of traction current and unit rates.

3. As a result of reduced management team capital recoveries.

4. Increased costs in respect of agency staff required to support ongoing infrastructure works in tunnels and track.

5. Based on current run rates, an increase in Subway income has been projected.

Proposed

Page 4 of 15

Appendix 1

Budget Report by Directorate - Bus Operations

Budget 2015/16 - 2016/17

##

Historic Data Notes


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 4,258,291 4,443,678 (185,388) 4,437,829 5,850 1

Overtime 206,000 205,500 500 205,500 0

Other Employee Costs 1,119,048 1,230,488 (111,440) 1,228,238 2,250 2

Sub Total Employee Costs 5,583,339 5,879,666 (296,327) 5,871,566 8,100

Property Costs

Electricity 163,060 152,000 11,060 152,000 0

Repairs and Maintenance 280,000 280,000 (0) 280,000 0

Other Property Costs 1,273,750 1,346,429 (72,678) 1,359,934 (13,505) 3


Supplies & Services 329,100 318,600 10,500 318,600 0

Transport & Plant Costs 133,400 213,400 (80,000) 213,400 0 4


Bus Operator Payments 12,087,900 12,087,900 0 12,087,900 0

Communications 30,000 20,000 10,000 20,000 0

Other Third Party Payments 81,500 78,000 3,500 78,000 0

Sub Total Third Party Payments 12,199,400 12,185,900 13,500 12,185,900 0

TOTAL EXPENDITURE 19,962,049 20,375,995 (413,946) 20,381,400 (5,405)

INCOME

Bus Operations Income (2,649,524) (2,634,393) (15,131) (2,669,393) 35,000

Agency Fee Income - Councils (196,980) (197,840) 860 (197,840) 0

TOTAL INCOME (2,846,504) (2,832,233) (14,271) (2,867,233) 35,000

Net Total 17,115,545 17,543,762 (428,217) 17,514,167 29,595

Notes

1. Due to new trainee post and new regulator post for Govan. Also as a result of increment and inflationary uplifts.

2. Due to salary increments and inflationary uplifts and also more employees in the pension scheme post auto enrolment.

3. Increase as a result of confirmed cost of cleaning provision at bus stations and travel centres.

4. Increased budget based on current run rate of bus repairs.

Proposed

Page 5 of 15

Appendix 1

Budget Report by Directorate - Projects

Budget 2015/16 - 2016/17

##

Historic Data Notes


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 1,464,982 1,673,999 (209,017) 1,685,964 (11,965) 1

Other Employee Costs 421,915 432,400 (10,485) 435,818 (3,418)

Sub Total Employee Costs 1,886,897 2,106,399 (219,503) 2,121,782 (15,382)

Supplies & Services (788,943) (909,396) 120,453 (844,438) (64,958) 1



Communications 20,000 15,000 5,000 15,000 0

Other Third Party Payments 0 25,000 (25,000) 0 25,000

Sub Total Third Party Payments 20,000 40,000 (20,000) 15,000 25,000

TOTAL EXPENDITURE 1,125,454 1,244,504 (119,050) 1,299,844 (55,340)

Net Total 1,125,454 1,244,504 (119,050) 1,299,844 (55,340)

Notes

1. Increased establishment to support the Subway Modernisation programme.

Proposed

Page 6 of 15

Appendix 1

Budget Report by Directorate - Health and Safety

Budget 2015/16 - 2016/17

##

Historic Data


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 110,256 111,183 (927) 112,209 (1,026)

Other Employee Costs 31,754 32,021 (267) 32,316 (295)

Sub Total Employee Costs 142,010 143,204 (1,194) 144,525 (1,321)

Supplies & Services 600 600 (0) 600 0

Transport & Plant Costs 200 200 (0) 200 0

TOTAL EXPENDITURE 142,809 144,004 (1,194) 145,325 (1,321)

Net Total 142,809 144,004 (1,194) 145,325 (1,321)

Proposed

Page 7 of 15

Appendix 1

Budget Report by Directorate - Customer Standards

Budget 2015/16 - 2016/17

##

Historic Data Notes


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 297,772 339,329 (41,558) 345,483 (6,154) 1

Overtime 10,000 10,000 (0) 10,000 0

Other Employee Costs 85,758 95,541 (9,783) 97,310 (1,769) 1


Property Costs

Other Property Costs 10,000 10,000 (0) 10,000 0

Sub Total Property Costs 10,000 10,000 (0) 10,000 0




Bus Operator Payments 0 0 0 0 0

Other Third Party Payments 5,000 5,000 0 5,000 0

Sub Total Third Party Payments 5,000 5,000 0 5,000 0


Net Total 434,530 485,870 (51,341) 493,793 (7,922)

Notes

1. Due to 2 additional posts added to support the increased facilities team workload.

Proposed

Page 8 of 15

Appendix 1

Budget Report by Directorate - Finance & HR

Budget 2015/16 - 2016/17

##

Historic Data


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 991,810 985,323 6,487 977,348 7,975


Sub Total Employee Costs 1,263,592 1,258,663 4,928 1,254,201 4,462

Supplies & Services (47,389) (52,387) 4,998 (52,865) 479



Communications 0 0 0 0 0



TOTAL EXPENDITURE 1,242,203 1,232,277 9,926 1,227,336 4,941

Net Total 1,242,203 1,232,277 9,926 1,227,336 4,941

Proposed

Page 9 of 15

Appendix 1

Budget Report by Directorate - Information Tech

Budget 2015/16 - 2016/17

###

Historic Data


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 553,149 556,588 (3,439) 559,885 (3,297)

Overtime 2,000 2,000 0 2,000 0

Other Employee Costs 153,382 153,908 (527) 154,660 (752)



Transport & Plant Costs 1,000 2,000 (1,000) 2,000 0


Net Total 711,531 716,496 (4,965) 720,545 (4,049)

Proposed

Page 10 of 15

Appendix 1

Budget Report by Directorate - Communications

Budget 2015/16 - 2016/17

##

Historic Data


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 267,814 273,064 (5,249) 278,234 (5,170)



Supplies & Services 5,000 2,000 3,000 2,000 0



Communications 373,000 351,000 22,000 345,000 6,000

Other Third Party Payments 0 0 0 0 0

Sub Total Third Party Payments 373,000 351,000 22,000 345,000 6,000

TOTAL EXPENDITURE 718,275 708,706 9,569 709,365 (659)

Net Total 718,275 708,706 9,569 709,365 (659)

Proposed

Page 11 of 15

Appendix 1

Budget Report by Directorate - Legal Services

Budget 2015/16 - 2016/17

##

Historic Data Notes


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 349,809 282,713 67,096 284,424 (1,711) 1

Other Employee Costs 103,745 84,421 19,324 84,914 (493) 1

Sub Total Employee Costs 453,554 367,134 86,419 369,338 (2,204)

Supplies & Services 2,500 2,500 (0) 2,500 0


TOTAL EXPENDITURE 456,753 0 86,419 372,538 (372,538)

Net Total 456,753 370,334 86,419 372,538 (2,204)

Notes

1. Due to the reduction of 1 property related post.

Proposed

Page 12 of 15

Appendix 1

Budget Report by Directorate - Business Support

Budget 2015/16 - 2016/17

##

Historic Data Notes


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 286,886 222,053 64,833 223,841 (1,788) 1

Other Employee Costs 79,789 59,852 19,938 60,337 (485) 1

Sub Total Employee Costs 366,675 281,905 84,770 284,178 (2,273)

Supplies & Services 8,000 8,000 (0) 8,000 0


TOTAL EXPENDITURE 375,175 0 84,770 292,678 (292,678)

Net Total 375,175 290,405 84,770 292,678 (2,273)

Notes

1. Due to the reduction of 2 posts from the establishment.

Proposed

Page 13 of 15

Appendix 1

Budget Report by Directorate - Elected Members

Budget 2015/16 - 2016/17

##

Historic Data


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE


Transport & Plant Costs 7,000 7,000 0 7,000 0




TOTAL EXPENDITURE 80,430 80,430 0 80,430 0

Net Total 80,430 80,430 0 80,430 0

Proposed

Page 14 of 15

Appendix 1

Budget Report by Directorate - Corporate

Budget 2015/16 - 2016/17

##

Historic Data Notes


Variance 14/15 v

15/16 Budget 2016/17

Variance 15/16 v

16/17

EXPENDITURE

Employee Costs

Salaries 600,000 551,354 48,646 551,354 0

Other Employee Costs 699,071 702,165 (3,094) 690,161 12,004

Sub Total Employee Costs 1,299,071 1,253,519 45,552 1,241,515 12,004

Property Costs

Electricity 307,400 307,400 0 307,400 0

Repairs and Maintenance 29,400 29,400 (0) 29,400 0

Property Insurance 0 0 0 0 0

Other Property Costs 563,000 554,414 8,586 558,076 (3,662)

Sub Total Property Costs 899,800 891,214 8,586 894,876 (3,662)

Supplies & Services 853,746 475,200 378,546 492,200 (17,000) 1



Bus Operator Payments 500,000 500,000 0 500,000 0

Communications 0 0 0 0 0

Other Third Party Payments 1,979,124 1,216,000 763,124 1,240,000 (24,000) 2

Sub Total Third Party Payments 2,479,124 1,716,000 763,124 1,740,000 (24,000)

Financing Costs

Contribution to Subway Modernisation Fund 8,050,000 9,230,000 (1,180,000) 9,355,000 (125,000) 3

Contribution to Capital Funded from Revenue 2,500,000 2,000,000 500,000 2,000,000 0

Sub Total Financing Costs 10,550,000 11,230,000 (680,000) 11,355,000 (125,000)

TOTAL EXPENDITURE 16,091,741 15,575,933 515,808 15,733,592 (157,659)

INCOME

Agency Income - Agency Fee (1,000,000) (1,000,000) (0) (1,000,000) 0

Interest Received (320,000) (500,000) 180,000 (350,000) (150,000) 4

Other Income (716,712) (690,000) (26,712) (690,000) 0

TOTAL INCOME (2,036,712) (2,190,000) 153,288 (2,040,000) (150,000)

Net Total 14,055,029 13,385,933 669,096 13,693,592 (307,659)

Notes

1. Reduction in budget due to realignment of ticket costs to the Subway.

2. Reallocation of corporately held budget to individual departments.

3. As per the business case the proposed budget allows for an increased contribution to the Subway Modernisation Fund.

4. Based on current rates obtained and projected cash balances in 2015/16 and 2016/17.

Proposed

Page 15 of 15

Appendix 2

Proposed Council Requisition - SPT

#NAME? #NAME?

Requisition Proposed Requisition

Financial Year 2014/15 Financial Year 2015/16

Argyll and Bute 606,309 606,309

East Ayrshire 1,949,632 1,949,632

East Dunbartonshire 1,893,000 1,893,000

East Renfrewshire 1,595,529 1,595,529

Glasgow 10,049,076 10,049,076

Inverclyde 1,478,151 1,478,151

North Ayrshire 2,344,895 2,344,895

North Lanarkshire 5,595,466 5,595,466

Renfrewshire 2,994,368 2,994,368

South Ayrshire 1,802,555 1,802,555

South Lanarkshire 5,430,141 5,430,141

West Dunbartonshire 1,641,879 1,641,879

Total Requisition 37,381,000 37,381,000

Page 1

FI10R854 – Appendix 3

ructur2015/16 Current Proposed 2015/16 Standard

Charge Peak Charge (1630-1800 Mon-Sat)

Standard Charge

Peak Charge (1630-1800 Mon-Sat)

BUCHANAN BUS STATION

Category A : Local Services

Less than 8,450 departures per annum (less than 25 per day) £1.05 £1.12 £1.10 £1.15

Between 8,451 and 25,000 departures per annum (25-73 per day) £0.97 £1.05 £1.02 £1.08

Between 25,001 and 42,000 departures per annum (74-125 per day) £0.92 £0.98 £0.97 £1.03

Over 42,000 departures per annum (over 125 per day) £0.79 £0.92 £0.85 £0.95

Category B : Express Bus or Coach Services

Less than 5,000 departures per annum £3.15 £3.48 £3.20 £3.55

Between 5,001 and 10,000 departures per annum £2.76 £3.04 £2.80 £3.10

Over 10,000 departures per annum £2.42 £2.68 £2.50 £2.75

Category C : Long Distance Coach Services

Less than 5,000 departures per annum £7.49 £8.25 £7.55 £8.30

Between 5,001 and 10,000 departures per annum £6.65 £7.33 £6.70 £7.40

Over 10,000 departures per annum £5.81 £6.40 £5.90 £6.45

Authorised duplicate departures will be charged at the appropriate rate

Category D : Authorised Parking

Parking per hour or part thereof £1.75 - £1.80 -

Overnight Parking From 23:00 – 06:00 £10.50 - £11.00 -

Subject to SPT Bus Station Rules Document

Category E : Tours and Excursion Departures £12.21 - £12.21 -

Unauthorised Tours and Excursions Departures £47.45 - £47.45 -

EAST KILBRIDE BUS STATION

Category A : Local Services £0.90 £0.90

Category B : Express Bus or Coach Services £2.89 £3.05

Category C : Long Distance Coach Services £5.91 £5.50

Authorised duplicate departures will be charged at the appropriate rate.

Category D : Authorised Parking Subject to SPT Rules Document - -

: Parking Per Hour or Part Thereof £1.75 £1.75

Overnight Parking From 23:00 – 06:00 £10.50 £10.50

Subject to SPT Bus Station Rules Document


Unauthorised Tours and Excursion Departures £47.45 £47.45

Appendix 3 Proposed Bus Station Departure Charges Pricing Structure 2015/16

FI10R854 – Appendix 3

Current Proposed 2015/16 Standard

Charge Peak Charge (1630-1800 Mon-Sat)

Standard Charge

Peak Charge (1630-1800 Mon-Sat)

HAMILTON BUS STATION

Category A : Local Services

Less than 8,450 departures per annum (less than 25 per day) £0.36 £0.41 £0.55

Between 8,451 and 25,000 departures per annum (25-73 per day) £0.33 £0.36 £0.55

Between 25,001 and 42,000 departures per annum (74-125 per day) £0.31 £0.33 £0.55

Over 42,000 departures per annum (over 125 per day) £0.30 £0.32 £0.55

Category B : Express Bus or Coach Services £2.76 £3.04 £3.05

Category C : Long Distance Coach Services £2.76 £3.04 £3.50

Authorised duplicate departures will be charged at the appropriate rate.

Category D : Authorised Parking Subject to SPT Rules Document - -

: Parking Per Hour or Part Thereof £2.64 £1.75



GREENOCK BUS STATION

Category A – Local Services £0.20 - £0.25

Category B : Express Bus or Coach Services £2.89 £3.05

Category C : Long Distance Coach Services £5.91 £5.91

Category E : Tours and Excursion Departures £9.16 £9.16


SILVERBURN BUS STATION

Category A – Local Services £0.35 - £0.35 -

Documents

Proposed Draft Revenue Budget for 2015/16 and 2016/17 · Agenda item no 7 agenda 7 Page 1 of 4 Proposed Draft Revenue Budget for 2015/16 and 2016/17 Committee . Strategy & Programmes