Author and Job Munus: Kelvin Menon - Treasurer
Protective Vestigium: MAGISTRATUS
Executive Notes:
The Financial Monitoring report for the 3rd Quarter of the financial year shows that Surrey Police Group is predicted to be £3.4m under budget by the end of March 2023 based on performance so far. This is based on an approved budget of £279.1m for the year. Capital is predicted to be £4.0m underspent due to the timing of various projects.
Ordinationes oeconomicae statuunt omnes virentias oeconomicas supra £0.5m a PCC approbari debere. Continentur hae in hac decisione noticia.
Background
Revenue Data
Totalis budget pro Surreio est £279.1m pro 2022/23, contra hanc praesagio exitus positio est £276.7m resultans in subauditione £2.4m.
| 2022/23 PCC Donec £m | 2022/23 Operational Budget £m | 2022/23 Total Budget £m | 2022/23 Projected Outturn £m | 2022/23 Proiectum Variance £m | |
| mense 9 | 3.2 | 275.9 | 279.1 | 275.7 | (3.4) |
The largest element of the underspend is to do with staffing costs. A fixed number of officers (2,217) was budgeted for the entire year however in reality this number is not due to be reached until January thereby resulting in an underspend. In addition, despite efforts being made to recruit the staff vacancies stand at 12%, about 240 posts, which is above the 8% budgeted for resulting in a further saving. The shortage in staff has resulted in additional overtime costs but this has not negated fully the savings in staffing costs.
Workshop and fuel costs are estimated to be £1m over budget by the year end due to inflation although some of this has been offset by £0.5m saving in insurance premiums.
Capital Praedictio
The capital plan is forecast to underspend by £4.0m. Most of this is due to underspend in IT projects (£3m) and the estates (£1m). The decision as to whether these will be allowed to be rolled over in to 2023/24 will be taken later in the year.
| 2022/23 Capital Budget £m | 2022/23 Capital Actualis £m | Discordare £m | |
| mense 6 | 14.9 | 10.9 | (4.0) |
Revenue Virements
Per financial regulations only virements over £500k need approval from the PCC. These are set out below for quarter 3.
| Revenue Virements | tempus | Aliquam et Crimen Commissario pro Surr | populi Services | Local Policing | Operationes Protective Services | Specialist Crime | Commercial and Finance Services | DDaT | Corporate Services | Enterprise Resource congue |
| Permanens Virements (usque ad £ 0.500m) | £ 'CC | £ 'CC | £ 'CC | £ 'CC | £ 'CC | £ 'CC | £ 'CC | £ 'CC | £ 'CC | |
| Surrey Op Uplift posts 6xPC and 1Xds for SOIT Joint Op Uplift posts 2 X PS and 10 x PC for Intel RB Surrey Op Uplift posts 4Xpc for POLIT Intervention Team Surrey Op Uplift posts 6 x PC and 1 DS POLIT Investigation Joint Ops Command Uplift posts 5xPC for FELU | M7 M7 M7 M7 M7 | (IV) (V) (II) (III) (IV) | 120 | 392 302 214 392 | (17) 19 (17) | |||||
| Vires temporales (usque ad £ 0.500m) | ||||||||||
| DDat Central Funding STORM Capital Budget Tfr as agreed at CFO Board 30/09/22 | M7 M7 | 160 | (IV) (V) | 111 | ||||||
| Vires permanentes (supra £ 0.500m) | ||||||||||
| Omnia | M7 | |||||||||
| Vires temporales (0ver£0.500m) | ||||||||||
| Omnia | M7 |
Aliquam ac Sceleri LEGATUS Approbatio
I note the financial performance as at the 31st of December 2022 and approve the virements as set out above.
subscriptio: PCC Lisa Townsend (exemplar infectum signati tenuit in OPCC)
Date: 7th March 2023
Omnes decisiones actis mandare debent additae sunt.
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consultatio
Omnia
Financial effectus
Haec in charta expressa sunt
Legal
Omnia
periculum
Tertium quarterium anni continuavit valde difficiles in cooptatione cohortis. Cum hoc in intellegendo evenit, hiatus sunt in pluribus locis ducens ad pressuram augendam super baculo manente et de impactibus ad periculum faciendi. Haec recensentur ut periculum administrari possit.
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