PAPER B

ECONOMIC DEVELOPMENT, PLANNING, TOURISM AND LEISURE SERVICES SELECT COMMITTEE – 28 JULY 2003

BUDGET MONITORING AS AT END OF JUNE 2003

REPORT OF THE CHIEF FINANCIAL OFFICER

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 2003. 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 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.

RELEVANT PLANS, POLICIES, STRATEGIES AND PERFORMANCE INDICATORS

The services included within this report are linked to a number of the Council’s key strategic objectives, specifically:

· Improving health, housing and the quality of life for all;

· Encouraging job creation and economic prosperity;

· Protecting the Island’s natural, built and historic environment.

There are no direct implications for performance indictors arising from the production of this report. However, clearly there will be implications for future performance measures and indicators arising from the information contained within this report, specifically any cost based indicators, but also the outcomes arising from the services and projects to which this report refers.

CONSULTATION PROCESS

No specific consultation has been undertaken in the production of this report. However, a number of the services included within the report will have been the subject of consultation with a range of external agencies and members of the public.

FINANCIAL, LEGAL, CRIME AND DISORDER IMPLICATIONS

Since this is a budget monitoring report, there are a number of financial implications (both revenue and capital) for the Council as a whole, and for the services for which this Committee has responsibility. These are set out in appendices 1 and 2 respectively.

There are no direct legal or crime and disorder issues arising from the production of this report.

APPENDICES ATTACHED

Appendix 1 Revenue Expenditure

Appendix 2 Capital Expenditure

BACKGROUND PAPERS USED IN THE PREPARATION OF THIS REPORT

None used in the preparation of this report.

Contact Point: Gareth Hughes, telephone: 823604, email: [email protected]

PAUL WILKINSON

Chief Financial Officer