201113FinCtteePaper1AAFinanceMonitoringCover

This document contains a summary review of income and expenditure for the Cairngorms National Park Authority (Park Authority) for the seven months ending 31 October 2020. Prepared by the finance manager and director of corporate services, the report reviews the budget position and considers potential budget reallocations. The Finance and Delivery Committee is asked to note the financial outturn and consider the financial analysis, cost pressures and potential resource reallocations. The report also covers core activities, the operational plan, and externally funded projects like LEADER, the Tomintoul & Glenlivet Landscape Partnership, Great Place Badenoch and the Caper Framework. While salaries and board fees are on budget, core and operational plan expenditure is behind budget due to the impact of COVID-19. The report highlights additional COVID-19 related costs and notes that the finance department has operated remotely. The accounts for the year ending 31 March 2020 have been signed off by the auditor. The board agreed a reallocation of resources of £40,000 in June 2020 to offer support to the Tomintoul and Glenlivet Dark Skies Observatory project. No specific recommendations are made for consideration of budget reallocations are put forward at this time.