PAPER D

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

Date: 23 SEPTEMBER 2002

Title BUDGET MONITORING REPORT AS AT END OF AUGUST

REPORT OF THE STRATEGIC DIRECTOR OF 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 August. 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.

CAPITAL EXPENDITURE

Expenditure against each scheme is shown at Appendix 2.

Contact Point : Gareth Hughes, 823604

J PULSFORD

Strategic Director of Finance and Information and County Treasurer

REVENUE EXPENDITURE SUMMARY as at end of August 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	609.4	(140.1)	(99.7)	1298.2	509.7	No major problems perceived at this stage of the financial year. The most significant expenditure budgets relate to the grounds maintenance contracts and seasonal recreational facilities operated by Wight Leisure
Seasonal Facilities, Concessions and other Leisure Services	152.4	58.6	(331.5)	(253.1)	(179.2)	(194.5)	Seasonal leisure facilities broadly on target, income generation continues to be closely monitored. Expenditure budget is net of £5,400 savings to be identified in the Allotments budget (site improvements prior to review of rental income)
Sport Recreation and Leisure Events	3769.5	2491.7	(2040.8)	(1323.9)	1728.7	1167.7	Figures include the Music Festival income and expenditure, until the future of the event has been decided. The Festival is the subject of a separate report. Seasonal income continues to be closely monitored.
Economic Development	577.3	228.2	(32.3)	(4.0)	545.0	224.2	Budget on target overall to date.
Events, Tourism and Marketing Strategy	2746.1	1229.0	(1603.5)	(1203.8)	1142.6	25.2	I W Tourism budget on target to date.
Planning Policy & Conservation	795.1	433.1	(109.8)	(3.5)	685.3	429.6	Budget on target overall to date.
Planning Applications & Enforcement	813.3	311.9	(506.8)	(264.6)	306.5	47.3	Budget on target overall to date.
Countryside Management	360.3	168.4	(63.0)	0.4	297.4	168.8	Budget on target overall to date.
Rights of Way	272.4	118.5	(0.1)	(0.0)	272.3	118.5	Budget on target at this stage of the financial year
Archaeology	123.7	55.0	(9.5)	(0.5)	114.2	54.5	Budget on target overall to date.