Appendix 3
Risk
Movement of Local Risk Budgets (inc City
Surveyor)
Original
Latest
Budget
Approved
2016-17
Budget
Paragraph
2016-17 OR
Reference
to
2016-17
£’000
Movement
2016-17 LAB
£’000
£’000
EXPENDITURE
Employees
L
5,578
5,270
(308)
a)
Premises Related Expenses
L
371
686
315
b)
R & M (City Surveyor’s Local Risk inc
L
1,992
1,039
(953)
c)
Transport Related Expenses
L
130
130
0
Supplies & Services
L
599
773
174
Other Grants, Reimbursements and
L
0
0
0
Customer, Client Receipts
L
(1,273)
(1,240)
33
Recharges to Capital Projects
L
(40)
(40)
0
cleaning)
d)
INCOME
a) The £308,000 decrease in employee expenditure is mainly due to the budgets
being adjusted in 2016/17 to reflect underspends from vacant posts within the
current year.
b) The increase of £315,000 from the original 2016/17 budget to the 2016/17 latest
approved budget in premises related expenditure (Open Spaces Local Risk) is
mainly due to new projects to which gateway reports are being prepared (East
Heath Car Park resurfacing and the Hive at Parliament Hill).
c) The decrease of £953,000 in City Surveyor’s Local Risk between the 2016/17
Original Budget and the 2016/17 Latest Approved Budget is due to the deferral of
schemes that require significant lead in time to later years in the programmes.
d) The increase of £174,000 in supplies and services between the original 2016/17
Original Budget and the 2016/17 Latest Approved Budget is mainly due to agreed
carry forwards to support programmes and projects in association with the sports
review project, and a wide range of consultations with regard to cafes, Hampstead
Heath Management Plan, and Customer satisfaction surveys.