PAPER B

EDUCATION, COMMUNITY DEVELOPMENT AND LIFE LONG LEARNING SELECT COMMITTEE - 20 OCTOBER 2003

REVENUE BUDGET MONITORING REPORT AS AT END OF SEPTEMBER 2003

JOINT REPORT OF THE STRATEGIC DIRECTOR EDUCATION & COMMUNITY DEVELOPMENT AND THE CHIEF FINANCIAL OFFICER

SUMMARY / PURPOSE

This report sets out the revenue budget and spending position for the services within this Committee’s remit, as at the end of September 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 such costs. (For example, Resources Select Committee monitors the building maintenance budget centrally, and building maintenance costs are not therefore shown against individual services in the attached statement).

MONITORING STATEMENT

The report details both Gross & Net Expenditure + Income and is in two parts. Education Services are listed on pages one to four and Community Development Services on page five. Net Expenditure has been classified over SEVEN categories all of which have different spending characteristics. A brief description of each is as follows:

Category	Description	Page
One	Net Expenditure that conforms with a monthly spending profile and is within a tolerance of = +/- 6% of a target spending.	One
Two	Expenditure incurred or Income received in IRREGULAR intervals – Start or end of a Financial year OR Pupil/Initiative specific or subject to Year End Government Grants claims.	Two
Three	RESERVED EXPENDITURE where costs only incurred in exceptional circumstances	Two
Four	Net Expenditure which is largely recharged through Other Directorates or between LEA and Schools for SEN DEVOLVED expenditure.	Three
Five	Expenditure showing SIGNIFICANT DIVERGENCE from Target spending as identified in One above.	Three
Six	Expenditure subject to SERVICE LEVEL AGREEMENTS with Schools recharged at PERIODIC intervals	Four
Seven	DELEGATED SCHOOLS EXPENDITURE where spending decisions are determined by School Governors.	Four

Categories One, Two and Five ONLY apply to Community Development Services details of which can be found on page five.

SPENDING REVIEW AS AT 30^th SEPTEMBER 2003

EDUCATION SERVICES

For Education Services, Net Expenditure is largely in line with that forecast . Although some areas within the SEN budget are showing fairly significant divergences from target at this point, it is anticipated that the overall cost of SEN provision will be contained within budget.

For Category Six – SLA agreements with Schools, in many instances a full years income has now been received through a series of ‘one off’ payments sanctioned by School Governing Bodies. Expenditure is broadly in line with that which would be expected half way through the financial year.

COMMUNITY & DEVELOPMENT SERVICES

Net Expenditure on Community & Development Services also conforms with anticipated spending levels for the majority of services. However, it should be noted that significant ‘One Off’ costs have already been incurred as is the case for a number of Grants or Council support for the Winter Gardens and Theatre subsidies, Sports development and Arts Development and Support.

For Ventnor Botanic Gardens, significant income generation over the Summer period has the effect of depressing net expenditure levels to just over 25%. Convergence between ‘profiled’ and actual net expenditure will occur throughout the remainder of the year.

Contact Point : Andrew King, F 823658, e-mail andrew.king@iow.gov.uk.

DAVID PETTITT Strategic Director Education, Community Development And Life Long Learning

PAUL WILKINSON Chief Financial Officer