Meeting documents

WDC Info Sheets - High Wycombe Town Committee
Monday, 31st January, 2005

Info Sheets - High Wycombe Town Committee 2005, 1-2005 Budgetary Control Report to 31 jan 2005

 

 

 

          INFORMATION SHEET

 

Committee:           High Wycombe Town Committee

Issue No:             1/2005

Date Issued:              21 February 2005

Title:                       Budgetary Control Report to 31 January 2005

Officer Contact:   Brenda Watson, Tel: DD HW 421316  Email: brenda_watson@wycombe.gov.uk

 

 

 

Please see attached report

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A contact name is shown above and Members are asked to contact that person

If they have any queries.

 

The Press is reminded that the Council’s procedure is for ALL Press enquiries to be routed via the External Relations Press Office on High Wycombe 421215  421207.

 

 

BUDGETARY CONTROL REPORT TO 31 JANUARY 2005

 

The table below reports the budgetary control position for Special Expenses for the first 10 months of the financial year 2004/2005.

 

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 Strategic Director’s Board 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

 

 

Directorate

Full Year Budget 

Profiled Budget

Y-T-D

Actual + Commitments

Variance

 

£’s

£’s

£’s

£’s

Recreation Grounds (Local)

137,100

51,000

50,993

7

Allotments

30,000

22,500

20,923

1,577

Financial Assistance

33,800

28,180

28,180

0

Other Expenses

61,600

10,000

7,628

2,372

Footway Lighting

14,000

11,660

4,841

6,819

Cemetery

170,200

50,000

45,500

4,500

Total

446,700

173,340

158,065

15,275

 

 

 

Commentary on Significant Variances

 

The only significant variance is that on Footway Lighting.  This represents an underspend on repairs and maintenance of £3,000 and purchase of equipment of £3,600.   The underspend on Other expenses is on financial assistance to voluntary bodies and the underspend on the Cemetery is on repairs and maintenance.   It is projected that Special Expenses will be approximately £10k underspent at the year end.