Paper C2
FINANCIAL FORECAST TO 31ST MARCH 2022
2020-21
2020-21
2021-22
FINANCE COMMITTEE
BUDGET
REVISED
FORECAST
ADMINISTRATION
£
£
£
Salaries
263,100
263,100
268,400
Employers NI
22,800
19,000
19,400
Pension contributions
56,200
44,000
44,900
Payroll Admin
1,000
1,500
1,500
Mileage Allowances
0
3,500
3,500
HR Advice
0
10,000
10,000
Bid Writing
0
4,000
0
Legal Fees
0
25,000
0
Acquisition Costs & Reports
0
20,000
0
Commercialisation Costs
0
15,000
0
Contingency
0
4,000
0
TOTAL
343,100
409,100
347,700
OVERHEADS
IT Support
6,000
6,000
6,000
Mayors Honarariium
100
100
100
Newsletter
8,000
5,000
8,000
Training
2,000
2,000
2,000
Broadband & Phone
4,000
4,000
4,000
General Admin & Supplies
12,000
12,000
12,000
Members Computer Supplies
500
500
500
Advertising
2,000
2,000
2,000
Audit
2,300
2,300
2,300
Subscriptions
2,000
2,000
2,000
Insurance
4,000
4,000
4,000
Professional Indemnity
6,100
6,100
6,100
Website
5,800
5,800
1,000
Room Hire
800
800
800
TOTAL
55,600
52,600
50,800
COVID 19
0
15,000
15,000
INFLATION PROVISION
0
0
25,000
GRANTS & CONTRIBUTIONS
Community Grants
21,000
21,000
21,000
Marketing Grants
15,000
15,000
15,000
Community Connector
20,000
20,000
20,000
Ryde Carnival Association
9,000
9,000
9,000
New Carnival Company
3,000
3,000
3,000
Classic Car Event
1,500
0
8,000
Ryde Arts Festival
3,000
3,000
3,000
Harp on Wight
2,700
800
2,700
Aspire
15,000
15,000
15,000
Community Rail Partnership
2,000
2,000
2,000
Countryside Sites
10,000
10,000
10,000
Waterside Community Trust
20,000
20,000
20,000
Waterside Splashpool
10,000
10,000
10,000
Warmer Homes
9,000
9,000
9,000
Marketing
29,000
15,000
29,000
TOTAL
170,200
152,800
176,700
Honours Working Party
2,500
2,500
2,500
New Services
78,072
0
0
TOTAL
420,972
308,100
355,900
TOTAL COMMITTEE BUDGET
649,472
632,000
617,700
FACILITIES & ASSETS COMMITTEE
BEACH SERVICES
Appley Steps
200
200
200
Beach Safety
21,500
21,500
21,500
Lifeguard Station
1,200
1,200
1,200
Deckchairs
0
0
0
Beach Cleaniing
30,000
30,000
30,000
Ryde Harbour
0
0
0
Additional Bin Collection
0
3,000
3,000
TOTAL
52,900
55,900
55,900
RYDE HARBOUR
Staff costs
0
0
72,000
Site running costs
0
0
8,500
Equipment
0
0
2,600
General overheads
0
0
3,400
Fixed overheads
0
0
4,000
Maintenance
0
0
20,000
Loan Repayments
0
0
19,200
TOTAL
0
0
129,700
Income
0
0
-131,100
TOTAL
0
0
-1,400
ST THOMAS CHURCH
Electric
0
0
0
Heating
0
0
0
Renovations
0
0
0
Business Rates
0
0
0
Water
0
0
0
Loan repayments
0
0
0
Income
0
0
0
TOTAL
0
0
0
LIND STREET
Rent
23,200
23,200
23,200
Rates
4,100
0
4,100
Gas
2,500
2,500
2,500
Electricity
2,000
2,000
2,000
Water
1,000
0
1,000
Cleaning
4,000
4,000
4,000
Facilities Management
7,000
7,000
7,000
TOTAL
43,800
38,700
43,800
OPEN SPACES
Allottments
15,000
15,000
15,000
Allottments Income
0
-7,800
-7,800
Decorative Lighting
20,000
20,000
20,000
Environmental Officer
17,000
17,000
17,400
Flagpole
200
200
200
Hanging Baskets/planting
34,100
34,100
34,100
Island Games Water Feature
200
200
200
Memorial Wreath/Plaque
300
300
300
Million Blooms
700
0
700
Park Services
46,400
46,400
46,400
Playground Equipment
24,000
24,000
24,000
Public Conveniences
80,700
80,700
80,700
Ryde in Bloom
4,500
0
4,500
Skatepark
20,000
20,000
20,000
TOTAL
263,100
250,100
255,700
Network Ryde
172,000
172,000
172,000
TOTAL COMMITTEE BUDGET
531,800
516,700
526,000
PLANNING COMMITTEE
Public Realm
27,500
27,500
27,500
HSAZ
47,500
47,500
47,500
Planning Enforcement
0
0
0
Consultations
0
0
0
TOTAL COMMITTEE BUDGET
75,000
75,000
75,000
TOTAL EXPENDITURE
1,256,272
1,223,700
1,218,700
INCOME
Precept
1,123,605
1,123,605
1,123,605
Local Council Tax Grant
7,528
7,528
7,528
Bank Interest
5,000
5,000
5,000
Allotments
7,800
0
0
TOTAL INCOME
1,143,933
1,136,133
1,136,133
BALANCES B/F
292,339
375,300
287,733
SURPLUS/ DEFICIT
112,339
87,567
82,567
BALANCES C/F
180,000
287,733
205,166