PAPER B

RESOURCES SELECT COMMITTEE - 24 APRIL 2003

BUDGET MONITORING REPORT AS AT END OF MARCH 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 March. 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.

REVENUE EXPENDITURE

The expenditure and income to date against budget are shown at appendix 1. Although this report shows the situation to the end of March, there are still a number of transactions and adjustments which will determine the final out-turn position. For most services the net spend is within budget and significant variances have been identified where appropriate.

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 in raising standards of achievement, encouraging learning and promoting opportunities for all, developing the knowledge and skills needed for employment opportunities, supporting and developing Council staff and managing the Council’s property and other resources efficiently and effectively.

CONSULTATION PROCESS

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

CRIME AND DISORDER

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

PERFORMANCE INDICATORS

There are no direct implications for performance indicators 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 the report, specifically any cost based indicators, but also the outcomes arising from the services and projects to which this report refers.

Contact Point : Andrew Carpenter ☎ 823641

PAUL WILKINSON

Chief Financial Officer