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CAIRNGORMS NATIONAL PARK AUTHORITY 
Finance Committee Paper 1 07/08/09 


CAIRNGORMS NATIONAL PARK AUTHORITY 
FINANCE COMMITTEE 


FOR INFORMATION 

Title: 2009/10 FIRST QUARTER REVIEW 

Prepared by: Alistair Highet, Finance Manager 


Purpose 

To present a summary review of income & expenditure for the 3 months to 30th June 2009 
and a projection of the financial outcome for the year to 31st March 2010. Further, to 
analyse Operational Plan net expenditure for the first quarter of the 2009/10 financial year. 

Recommendations 

The Finance Committee is requested to: 

a) Note the results for the 3 month period to the end of June 2009 and the projected 
outcome for the 12 months to 31st March 2010. 
b) Note the further analysis of Operational Plan net expenditure by programme for the 
3 months to 30th June 2009 and the projected outcome, by programme, for the year 
to 31st March 2010. 

Executive Summary 

a) Table 1 shows the financial results for the CNPA over the first quarter of 2009/10. 
The 3 months to 30th June resulted in a deficit of £1k against a planned deficit of 
£13k (the £12k variance representing 1% of income). 
b) The £12k surplus is reflected in an under-spend of core operating costs. 
c) The projected outcome for the year to 31st March 2009 reflects the current overplanning 
of 20% (£361K) in the Operational Plan. This initial over-planning is 
intended to allow programme managers as much leeway as possible in developing 
their programme plans for delivery in the remaining 3 quarters of the year. 
d) The next phase of the budgeting year will bring this 20% over-plan back to affordable 
levels (£2,492K of gross expenditure) by the end of October 2009. Current 
operational plan targets reflect actual activity until the 20% over-plan has been 
managed out. 
e) Reductions to net Programme Budgets will not necessarily reflect an across the 
board 20% saving from £2,164k to £1,803k as shown in Table 2. Reductions of 20% 
may not be possible in programmes such as Outdoor Access, where there are large 
commitments to such as COAT. The next financial update will show a substantially 
reduced variance in projected net Operational Plan expenditure, with an indication 
of where the available net £1,803k will actually be spent. 


PAGE 2

2 2009/10 FIRST QUARTER REVIEW – FOR INFORMATION 

Table 1. Results for the 3 months to 30th June 2009: 


PAGE 3

Table 2.  Net Operational Plan expenditure for the 3 months to 30th June 2009



Note:  Tables 1 and 2 not available in full text format - please refer to the PDF versions.