Agenda item

Report of the Chamberlain and Director of Open Spaces.

The Committee received the Consolidated Revenue Update report and noted that the Director of Open Spaces actual Local Risk underspend was £885,000. This

better than budget position is mainly due to underspends at the Directorate,

Epping Forest, and Hampstead Heath, accompanied by an over achievement in

income at the Cemetery.

The £290,000 better than budget position in the City Surveyor is

mainly due to an underspend in the additional works programme, and the

£79,000 decrease in income within Central Risk is mainly due to a reduction in

income generated by the Hampstead Heath Trust Fund. The £270,000 reduction

in recharges is mainly due to a reduction in support services costs.

Resolved – that the update be received.