Meeting documents

BUDGETARY CONTROL REPORT TO 31 DECEMBER 2003

The table below reports the budgetary control position for Special Expenses for the first 9 months of the financial year 2003/2004.

All of the figures included in this report have been presented to budget holders and directors in detail, together with significant variances.  Where appropriate issues have been highlighted to individual budget holders and actions identified.  These will be monitored and reported on to SDB where appropriate.

A bracketed figure () is a negative figure.  It is used to identify either income or a variance that leaves the Authority in a worse financial position, such as over spending or lower collection of income.  A non-bracketed figure is positive and will either represent expenditure or a variance that leaves the Authority in a better financial position, such as underspending or additional income generation.

SPECIAL EXPENSES

Table A – Special Expenses Income and Expenditure Statement

Commentary on Significant Variances

The underspend on Special Expenses is largely attributable to profiling issues on maintenance budgets for the Cemetery, Recreation Ground (Local) and other.  However, there will also be underspends in the current year for the Mayor’s Parlour £6,000 and Town Twinning £4,400 as neither budget is required