The Charter Trustees for Scarborough

 

20 October 2023

 

Finance Report

 

Report of the Assistant Director Resources

 

1.0       PURPOSE OF REPORT

 

1.1       To inform the Charter Trustees of the in-year budget position to the end of Quarter 2 of

            2023-24

 

 

2.0       SUMMARY

 

2.1       The Charter Trustees are asked to note the expenditure incurred to the end of September 2023.

 

3.0       BACKGROUND        

 

3.1       This is the first year of the Scarborough Charter Trustees and the initial budget was set as part of North Yorkshire Council’s overall budget process, with a special expense added to the council tax charge for residents in the area covered by the Charter Trustees. A breakdown of the budget is set out at Appendix 1.

3.2       The total budget set for the year is £20,980.72

3.3       This report presents expenditure incurred to the end of September 2023 – Quarter 2 of the current financial year.

4.0       EXPENDITURE AGAINST BUDGET

4.1       As at the end of September a total of £9,295.20 has been expended – in summary:

Summary

Budget

 

£

Spend to Sept 2023

£

Comments

Events

1,415.00

75.00

Refreshments for the Armed Forces Day flag raising

Allowances

600.00

0

 

Officer Support

17,540.72

8,770.36

50% charges from NYC

Other/General

1,425.00

449.84

Includes ACTT Subscription and incoming mayoral photos

 

 

 

 

Total

20,980.72

9,295.20

 

 

4.2       There are no matters to raise on this expenditure and a further report will be submitted to the Charter Trustees in December.

5.0       ALTERNATIVE OPTIONS CONSIDERED

 

5.1       N/A

 

6.0       FINANCIAL IMPLICATIONS

 

6.1       As set out above.

 

7.0       LEGAL IMPLICATIONS

 

7.1       There are no legal implications.

 

8.0       EQUALITIES IMPLICATIONS

 

8.1       There are no equalities implications.

 

9.0       CLIMATE CHANGE IMPLICATIONS

 

9.1       There are no climate change implications.

 

10.0     REASONS FOR RECOMMENDATIONS

 

10.1     To inform the Charter Trustees of the in-year budget position to the end of Quarter 2 of 2023-24

 

11.0

RECOMMENDATION

 

 

i)              That the Charter Trustees note the expenditure incurred to the end of September 2023.

 

 

 

 

            APPENDICES:

 

            Appendix 1 – Annual Budget 2023-24

           

 

BACKGROUND DOCUMENTS:

None.

 

 

Karen Iveson

Assistant Director Resources

County Hall

Northallerton

 

12 October 2023

 

Report Author – Karen Iveson