231110ResourcesCtteePaper1_2023-24BudgetMonitoringAppendices

Appendix 1

Sum­mary of expendit­ure against the pro­filed budget

CAIRNGORMS NATION­AL PARK AUTHOR­ITY Resources Com­mit­tee: Paper 1, Annex 1. 10^th Novem­ber 2023

YEAR END­ING 31 MARCH 2024 ACTU­AL BUDGET 30 SEPTEM­BER 2023

	Annu­al budget	budget adjust­ments	Out­turn fore­cast	Phased budget to 30 Septem­ber 23	Actu­al at 30 Septem­ber 23	(Under)/ over phased budget	% of Out­turn forecast
Staff costs	4,841,000	94,650	4,935,650	2,467,825	2,539,730	71,905	51%
Board fees	192,000		192,000	96,000	82,681	(13,319)	43%
	5,033,000	94,650	5,127,650	2,563,825	2,622,411	58,586
Pro­ject costs
Pro­ject costs	1,141,000		1,141,000				0%
Pro­ject costs recovered	(1,141,000)		(1,141,000)				0%
	0	0	0	0	0	0
Over­heads
Oth­er staff and board costs	164,000		164,000	82,000	124,523	42,523	76%
Facil­it­ies costs	520,000	(143,230)	376,770	188,385	194,880	6,495	52%
IT and pro­fes­sion­al costs	261,000		261,000	130,500	119,660	(10,840)	46%
	945,000	(143,230)	801,770	400,885	439,064	38,179
Oper­a­tion­al plan (net)
Peat­land restoration	4,328,000	(536,000)	3,792,000	590,000	189,994	(400,006)	5%
Nature & climate	818,000	50,000	868,000	270,400	103,747	(166,653)	12%
People	277,000		277,000	110,500	83,092	(27,408)	30%
Place	865,000	51,000	916,000	261,080	103,984	(157,096)	11%
Cor­por­ate	441,500	62,000	503,500	16,500	42,170	25,670	8%
Com­mu­nic­a­tions	354,500	(9,650)	344,850	139,400	66,898	(72,502)	19%
Con­tri­bu­tion to Cairngorms 2030	285,000	(146,500)	138,500	0	0	0	0%
	7,369,000	(529,150)	6,839,850	1,387,880	589,885	(797,995)
Total expendit­ure	13,347,000	(577,730)	12,769,270	4,352,590	3,651,360	(701,230)	29%
Oth­er income	(182,000)		(182,000)	(91,000)	(93,139)	(2,139)	51%
Cash expendit­ure	13,165,000	(577,730)	12,587,270	4,261,590	3,558,221	(703,369)	28%
Grant-in-aid drawn down	(13,151,000)	561,000	(12,590,000)	(5,100,000)	(5,100,000)	0	41%
Net cash expenditure/​(income)	14,000	(16,730)	(2,730)	(838,410)	(1,541,779)	(703,369)

Appendix 2

Log of Budget changes

1. Since the budget was form­ally approved, there have been changes to the avail­ab­il­ity of funding:

   a) we were able to pay for­ward on our ²⁰²³⁄₂₄ com­mit­ment to Cairngorms 2030 (C2030), b) we have been made aware that our expect­a­tions for both cap­it­al and resource fund­ing to sup­port peat­land res­tor­a­tion may not be met, and c) the anti­cip­ated pay award for ²⁰²³⁄₂₄, may exceed our budget provision.

   These changes are set out in appendix 2.

2. In March 2023, we paid £150k from the ²⁰²²⁄₂₃ budget to sup­port our com­mit­ment to C2030 for ²⁰²³⁄₂₄ by provid­ing cash flow cov­er for the Devel­op­ment Phase activ­it­ies. This provided extra head­room in the ²⁰²³⁄₂₄ budget. We have applied this to cov­er some areas of the budget that we felt, from fur­ther exam­in­a­tion of the detail of the likely costs, were under-resourced, such as the cost of our shared-ser­vices agree­ment with Loch Lomond and the Trossachs Nation­al Park Authority.
3. Anti­cip­ated resource fund­ing for peat­land res­tor­a­tion was £614k, and this included an alloc­a­tion to cov­er ele­ments of sup­port costs such as trans­port, office costs, and fin­ance and IT sup­port. We now have avail­able fund­ing of £510k. This leaves the peat­land team with around £100k less budget for non-staff costs than had been anti­cip­ated. In addi­tion, the cap­it­al budget made avail­able has been reduced by £507k to £3,636k. There is some con­fid­ence that these short­falls will be secured from Scot­tish Gov­ern­ment as part of their ongo­ing budget revi­sions pro­cess. For the time being, it is sug­ges­ted appro­pri­ate that we take a prudent fin­an­cial man­age­ment per­spect­ive and recog­nise the pos­i­tion includ­ing the cur­rent shortfall.
4. Fur­ther space has been found with­in the ²⁰²³⁄₂₄ budget. This arises from a change in the account­ing treat­ment we are required to apply to leases for prop­erty and vehicles. In the past these costs have been accoun­ted for as resource expendit­ure. We are now required to treat leased assets as cap­it­al items known as ​‘Right of Use’ (RoU) assets. The ini­tial recog­ni­tion of these RoU assets happened in the ²⁰²²⁄₂₃ accounts, using cap­it­al budget (CDEL) spe­cific­ally provided to accom­mod­ate the new account­ing treat­ment. The change releases a little over £140k from the resource grant budget. New lease arrange­ments under­taken dur­ing the year will res­ult in cap­it­al expenditure.
5. Mod­el­ling of the impact of the poten­tial pay award indic­ates that our ori­gin­al budget estim­ate, made before the dir­ec­tion on the ²⁰²³⁄₂₄ award had been determ­ined, is likely to require a fur­ther £85k of resources. Budget has been alloc­ated too this from the newly released budget described at item 4 above.
6. The remain­ing budget alloc­a­tion iden­ti­fied in item 4 has been used to rein­state some of the peat­land resource budget.
7. £3.5k has been alloc­ated to cov­er a short exten­sion to the con­tract of the Green Health Link Work­er cur­rently engaged on the nature pre­scrip­tions pro­ject with­in the C2030 pro­gramme. This will allow con­tinu­ity of staff­ing, on what is a well-regarded pro­ject, for a short time after the end of the C2030 devel­op­ment phase (17 August 2023).
8. Two intern posts were exten­ded to assist with work­load on the Cairngorms Nature Fest­iv­al and in the Com­mu­nic­a­tions team.
9. Addi­tion­al fund­ing of £50k to sup­port our nature recov­ery activ­it­ies has been received from the Nature Chal­lenge Fund.
10. The adjus­ted pos­i­tion is a small sur­plus of £3k.

YEAR END­ING 31 MARCH 2024 Budget adjustments

	Annu­al budget	Advance to Cairngorms 2030	Fund­ing reduc­tion peat­land cap­it­al	Fund­ing reduc­tion peat­land resource	Budget adjust­ments Lease account­ing	Payroll — cov­er poten­tial short­fall	Peat­land par­tial rein­state­ment of resource budget	Green Health Link Work­er con­tract exten­sion	Extend interns	Addi­tion­al fund­ing Nature recov­ery	Revised budget
Staff costs	4,841,000					85,000					4,935,650
Board fees	192,000										192,000
	5,033,000	0	0	0	0	85,000	0	0	0	0	5,127,650
Run­ning costs
Oth­er staff and board costs	164,000				(143,230)						164,000
Facil­it­ies costs	520,000										376,770
IT and pro­fes­sion­al costs	261,000										261,000
	945,000	0	0	0	(143,230)	0	0	0	0	0	801,770
Oper­a­tion­al plan (net)
Peat­land restoration	4,328,000		(507,000)	(104,000)			75,000				3,792,000
Nature & climate	818,000									50,000	868,000
People	277,000										277,000
Place	865,000									51,000	916,000
Cor­por­ate	441,500									62,000	503,500
Com­mu­nic­a­tions	354,500									(9,650)	344,850
Con­tri­bu­tion to Cairngorms 2030	285,000	(150,000)						3,500			138,500
	7,369,000	(37,000)	(507,000)	(104,000)	0	0	75,000	3,500	(9,650)	50,000	6,839,850
Total expendit­ure	13,347,000	(37,000)	(507,000)	(104,000)	(143,230)	85,000	75,000	3,500	0	50,000	12,769,270
Oth­er income	(182,000)										(182,000)
Cash expendit­ure	13,165,000	(37,000)	(507,000)	(104,000)	(143,230)	85,000	75,000	3,500	0	50,000	12,587,270
Grant-in-aid drawn down	(13,151,000)		507,000	104,000						(50,000)	(12,590,000)
Net cash expenditure/​(income)	14,000	(37,000)	0	0	(143,230)	85,000	75,000	3,500	0	0	(2,730)