240126DraftResourcesCtteePaper1_BudgetMonitoring

This document contains an overview of the Cairngorms National Park Authority's budget management position at the end of November 2023, which is month eight of the 2023/24 financial year. The Resources Committee is asked to consider the budget management position for 2023/24. Overall cash expenditure is within budget, with 47% of the annual budget spent and 60% of the annual budget committed or spent on operational plan activities. There remains £2.5m to be committed in the final quarter of the year. There have been some changes to funding availability and pressure on the budget for staff costs remains but might improve with recruitment delays. Expenditure on operational plan activities is expected to be in line with budget, except for peatland restoration projects, and a peak of expenditure will occur in the final quarter of the year.