Report Summary
This report provides members of the Forensic Services Committee with an overview of Forensic Services Q2 Finance Report.
To access the full document please open the PDF document above.
To view as accessible content please use the sections below. (Note that tables and some appendixes are not available as accessible content).
Meeting
The publication discussed was referenced in the meeting below
Forensic Services Committee - 28 October 2024
Date : 28 October 2024
Location : Online
Further Detail on the Report Topic
Appendix A provides the detailed finance report.
Revenue
• Q2 net expenditure forecast is a break even position to budget of £44.0m, with lower pay costs offsetting higher non-pay costs.
• Lower pay spend reflects lower staff numbers than budget. It is forecast that this will gap will continue to reduce.
• Forensics have implemented an efficiency plan to help with the various pressures in the revenue budget. This is targeted at £380k savings for 24/25 across the non-pay costs. An updated plan has come forward at Q2 with most costs being non-recurring savings associated to staff costs. This plan is to be monitored and revied monthly with focus on this being key to delivering a flat budget position at year end.
Capital
• Full year forecast is also a break-even position to budget at £1m.
• Several new projects have been added at Q2 as other projects have slipped into next financial year or aren’t required. Any changes in delivery timelines will be incorporated into the next forecast.
• Actual spend to end of period six (end of September 2024) was flat to forecast and behind budget by £0.1m. The phasing of the remaining spend is mostly in Q4.
Reform
• Overall spend is forecasted to be £0.3m under budget. This reflects less project / change staff resources being available than required during the first half of the year.
