PAPER D

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

Date: 22 AUGUST 2002

Title BUDGET MONITORING REPORT AS AT END OF JULY

REPORT OF THE STRATEGIC DIRECTOR FOR 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 July. 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 stage of the financial year there are still no significant variances to report.

However, the comments contained in the Revenue Expenditure Table (Appendix 1) should be noted, in particular that carry forward requests from the previous year have now been approved by the Executive and are included in the budget where appropriate.

CAPITAL EXPENDITURE

Expenditure against each scheme is shown at appendix 2.

Contact Point : Gareth Hughes, F 823604

J PULSFORD

Strategic Director for Finance and Information and County Treasurer

REVENUE EXPENDITURE SUMMARY as at end of July 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	1438.2	511.8	(140.1)	(62.9)	1298.2	448.9	Budget now includes carry forward of underspend from previous year recently approved by Executive (£57,300). This amount relates to commitments made in the previous year but which were not completed and invoiced until the current year
Seasonal Facilities, Concessions and other Leisure Services	152.4	56.0	(331.5)	(205.9)	(179.2)	(149.8)	Seasonal leisure facilities broadly on target, although income will continue to be closely monitored. Expenditure budget is net of £5,400 savings to be identified in the Allotments budget (site improvement expenditure prior to review of rental income)
Sport Recreation and Leisure Events	3719.5	2106.2	(2040.8)	(1060.2)	1678.7	1046.0	Figures include the Music Festival £300K net expenditure, which will be the subject of a full report.
Economic Development	577.3	204.2	(32.3)	(4.0)	545.0	200.1	Budget now includes approved carry forward £81,200 and successful Best Value pump-priming bids £70,000 in support of Research post and of External Fund Finder. These are one-off budgets for 2002-03 only.
Events, Tourism and Marketing Strategy	2936.1	1027.8	(1793.5)	(948.2)	1142.6	79.6	Tourism Budget includes approved carry forward £13,000. To date the Walking Festival is overspent by £33,000 and a drop in holiday bookings is causing an income shortfall. Currently these issues are offset by savings elsewhere, but careful monitoring will be required as the year progresses to ensure that the overall budget remains on target.
Planning Policy & Conservation	795.1	358.7	(109.8)	(2.3)	685.3	356.4	On target to date.
Planning Applications & Enforcement	813.3	246.8	(506.8)	(206.3)	306.5	40.5	On target to date.
Countryside Management	360.3	136.8	(63.0)	0.4	297.4	137.2	On target to date.
Rights of Way	272.4	91.2	(0.1)	0.1	272.3	91.3	Budget includes small carry forward of underspend from previous year (£4,600) to augment the bridleway maintenance contract
Archaeology	123.7	45.7	(9.5)	(0.5)	114.2	45.3	On target to date.