PAPER D

 

Committee:     ECONOMIC DEVELOPMENT, PLANNING, TOURISM AND LEISURE SERVICES SELECT COMMITTEE

 

Date:               22 JULY 2002

 

Title                 BUDGET MONITORING REPORT AS AT END OF JUNE 2002

 

REPORT OF THE STRATEGIC DIRECTOR, FINANCE AND INFORMATION AND COUNTY TREASURER

 

 

SUMMARY / PURPOSE

 

This report sets out the budget and spending position on both revenue and capital for the services within this Committee’s remit, as at the end of June. The figures do not include budgets that are controlled elsewhere than the service concerned. These are monitored by the Committee which bears responsibility for the item concerned. (For example, Resources Select Committee monitors the building maintenance budget centrally, and building maintenance costs are not therefore shown against individual services below).

 

REVENUE EXPENDITURE

 

The expenditure and income to date against budget are shown at Appendix 1.

 

At this early stage of the year there are no significant variances to report. 

However, the comments contained in the Revenue Expenditure Table (Appx 1) should be noted.

 

CAPITAL EXPENDITURE

 

Expenditure against each scheme is shown at appendix 2.

 

Contact Point : Gareth Hughes F 823604

 

 

 

John Pulsford

Strategic Director, Finance and Information and County Treasurer

 

REVENUE EXPENDITURE SUMMARY as at end of June 2002

 

 

Service

Expenditure

Income

Net

 

 

Budget

To date

Budget

To date

Budget

To date

Comment

 

£000

£000

£000

£000

£000

£000

 

1.       Public parks, gardens and recreation grounds, and leisure contract management

1380.9

296.5

(140.1)

(37.8)

1240.9

258.7

This budget takes no account of potential carry forward of underspend of £76,500 from previous year, still to be approved
  1. Seasonal Facilities, Concessions and other Leisure Services

 

152.4

55.0

(331.5)

(128.1)

(179.2)

(73.1)

Expenditure budget is net of £5,400 of savings still to be identified in the Allotments budget (due to increased expenditure incurred in site improvements in anticipation of a review of rental income).
  1. Sport Recreation and Leisure Events

 

3626.5

 

 

1671.3

(1948.9)

(781.4)

1677.6

889.9

The trading income and expenditure for the Isle of Wight Festival is reflected within these budget headings, and will remain broadly as at present until a decision is taken regarding the future of the event by the Council in August.

Adverse weather is slightly affecting income at Seasonal Sites. Seasonal income and expenditure is being closely monitored.
  1. Economic Development

 

456.1

179.4

(62.3)

(4.0)

393.8

175.4

Income budgets are currently being reviewed as previous agreements may have changed.  Discussions are taking place and more information will be provided at the next meeting if any problems become apparent.
  1. Events, Tourism and Marketing Strategy

2927.3

841.6

(1797.7)

(656.7)

1129.6

184.9

On target to date
  1. Planning Policy & Conservation

790.1

 

274.2

(109.8)

19.2

680.3

293.5

On target to date
  1. Planning Applications & Enforcement

798.3

186.3

(506.8)

 

(145.7)

291.5

40.6

On target to date
  1. Countryside Management

350.3

93.9

(63.0)

(0.0)

287.4

93.9

On target to date
  1. Rights of Way

 

267.8

66.5

(0.1)

0.1

267.7

66.6

On target to date
  1. Archaeology

 

123.7

29.0

(9.5)

(0.5)

114.2

28.5

On target to date