Plysje en Crime Kommissaris foar Surrey - Beslút nimme Record
Report Title: 2nd Quarter 2020/21 Financial Performance and Budget Virements
Beslút nûmer: 52/2020
Author and Job Role: Kelvin Menon – Treasurer
Beskermjende markearring: OFFISJEEL
Gearfetting:
The Financial Monitoring report for the 2nd Quarter of the financial year shows that Surrey Police Group is predicted to be £0.7m under budget by the end of March 2021 based on performance so far. This is based on an approved budget of £250m for the year. Capital is predicted to be £2.6m underspent depending on the timing of projects.
Finansjele regeljouwing stelt dat alle budzjet-virements boppe £ 0.5m moatte wurde goedkard troch de PCC. Dy steane yn taheakke D fan it taheakke rapport.
Eftergrûn
Now that we are half way through the financial year the indications are that the Surrey Police Group will remain within budget for the 2020/21 financial year and potentially have a small underspend. This is after absorbing £2.3m of non-reimbursed Covid costs. Although there are some areas that are overspent, such as overtime this is offset by underspends elsewhere in the budget.
Capital is predicted to be £2.6m underspent however it is likely that this will be larger as expenditure so far has been £3.5m against a budget of £17.0m. However rather than projects being cancelled they are more likely to slip in to the following year.
The budget virements requested are set out in Appendix D and mainly relate to the reanalysis of staffing costs within the budget
Oanbefelling:
Goedkarring fan plysje en misdiekommissaris
Ik notearje de finansjele prestaasjes lykas op 330th September 2020 and approve the virements set out in Appendix 4 of the attached report.
Signature: David Munro
Date: 17th November 2020
Alle besluten moatte wurde tafoege oan it beslút register.
Gebieten fan beskôging
oerlis
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Finansjele gefolgen
These are set out in the paper (available on request)
Legaal
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risiko
As it is early in the year there is a risk that the predicted financial outturn could change as the year progresses
Gelikensens en ferskaat
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Risiko's foar minskerjochten
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