220812ResourcesCtteePaper2AAEstimated Outturn 2122

This document contains the Cairngorms National Park Authority's Resources Committee Paper 2, presented on 12 August 2022, regarding the estimated financial outturn for 2021/22. Prepared by David Cameron, Director of Corporate Services, the paper asks the Resources Committee to consider the estimated outturn position for the 2021/22 financial year, which is nearing completion with an external audit expected to commence in July 2022. The updated position shows a slight improvement from May 2022 and is close to the break-even target, with an overall underspend of £159,000 against a £9,590,000 total income. The underspend is mainly due to capital expenditure on peatland restoration, with £442,000 reprofiled into future years, while core expenditure management is close to budget expectation. The figures are final for external audit submission, with potential updates to be brought to the Committee and Audit and Risk Committee.