Author and Job Role: Kelvin Menon – Treasurer
Fiarovana marika: OFISIALY
Fehinkevi-panadihadiana:
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.
Ny Fitsipika ara-bola dia milaza fa ny tetibola rehetra mihoatra ny £ 0.5m dia tsy maintsy ankatoavin'ny PCC. Tafiditra ao anatin'ity filazana fanapahan-kevitra ity ireo.
Background
Tombana amin'ny vola miditra
The total budget for Surrey is £279.1m for 2022/23, against this the forecast outturn position is £276.7m resulting in an underspend of £2.4m.
| Tetibola PCC 2022/23 £m | 2022/23 Operational Budget £m | 2022/23 Total Budget £m | 2022/23 Projected Outturn £m | 2022/23 Projected Variance £m | |
| Volana 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 Forecast
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.
| Tetibola renivola 2022/23 £m | 2022/23 Renivohitra tena £m | Variance £m | |
| Volana 6 | 14.9 | 10.9 | (4.0) |
Virements vola
Per financial regulations only virements over £500k need approval from the PCC. These are set out below for quarter 3.
| Virements vola | fe-potoana | Kaomisera polisy sy heloka bevava ao amin'ny Surrey | People Services | Polisy eo an-toerana | Operations Protective Services | Specialist Crime | Serivisy ara-barotra sy ara-bola | DDaT | Serivisy orinasa | Enterprise Resource Planning |
| Virements maharitra (hatramin'ny £0.500m) | £ '000 | £ '000 | £ '000 | £ '000 | £ '000 | £ '000 | £ '000 | £ '000 | £ '000 | |
| 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 | (iraika ambin'ny folo) (214) (375) (120) | 120 | 392 302 214 392 | (17) 19 (17) | |||||
| Virements vonjimaika (hatramin'ny £0.500m) | ||||||||||
| DDat Central Funding STORM Capital Budget Tfr as agreed at CFO Board 30/09/22 | M7 M7 | 160 | (iraika ambin'ny folo) | 111 | ||||||
| Virements maharitra (mihoatra ny £0.500m) | ||||||||||
| tsy misy | M7 | |||||||||
| Virements vonjimaika (0ver £0.500m) | ||||||||||
| tsy misy | M7 |
Fankatoavan'ny kaomisera polisy sy ny heloka bevava
I note the financial performance as at the 31st of December 2022 and approve the virements as set out above.
Signature: PCC Lisa Townsend (kopia misy sonia mando natao tao amin'ny OPCC)
Date: 7th Marsa 2023
Ny fanapahan-kevitra rehetra dia tsy maintsy ampidirina ao amin'ny rejisitry ny fanapahan-kevitra.
Sehatra hodinihina
Consultation
tsy misy
Ny fiantraikany ara-bola
Ireo dia napetraka amin'ny taratasy
Legal
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loza
The third quarter of the year has continued to be very challenging in terms of staff recruitment. Whilst this has resulted in an underspend there are gaps in a number of areas leading to increased pressure on remaining staff and impacts risk to performance. This is being kept under review so that risks can be managed.
Ny fitoviana sy ny fahasamihafana
tsy misy
Loza amin'ny zon'olombelona
tsy misy