The Met Police have an unusual problem

I suspect there are many parts of the public sector which wished they had this problem:

Underspending continues to be an issue in the management of the capital programme, although unused funds can often be carried forward through reserves to support projects at a future date.

Part of the issue is large projects slipping, with the Met’s response to this being:

Agreeing an ‘opening’ programme in excess of available funding in the year.

This happens on a noticeable scale:

The MPA Finance & Resources Committee agreed a revised Capital Programme budget on 15th July 2010 at £276.3m for 2010/11 following the first quarter review. This is the value that the MPS is targeting to achieve. This target represented a gross programme valued at £309.6m with a slippage factor, also known as over-programming, of -£33.2m resulted in a revised budget of budget of £276.3m.

Source: Draft borrowing and capital spending plan 2011/12 to 2017/18

Read more by or more about or .
This entry was posted in London.
Advert

6 Comments

  • Nothing to see here, move along.

    (no comment of course on all the headlines concerning the Met at the moment)

  • g: I’ve always admired this site’s ability to look at issues that aren’t really headline fodder. At the moment though, it’s looking a lot like sticking one’s head in the sand.

  • @Mark Pack

    You obviously don’t understand how capital budgets work. This is normal in both the public and private sector.

    Neither have you noted the following:

    11. The returns from the provisioning departments included new projects, slippage from the current year and changes to the estimated values of individual projects. Consequently the demand far outstrips the finances available.

    Also note the massive reduction in the capital budget over the coming years, following the Comprehensive Spending Review.

    However, there does seem to be a problem. Did the Met really fail to anticipate an attack on Conservative party HQ a few weeks ago, when the march was planned to pass the building? And did they really fail to anticipate the problems with the Royal car? Hmmm.

  • Joe Taylor Condliffe 10th Dec '10 - 2:12pm

    Actually this is pretty common. Due to the nature of capital projects they tend run late rather than early – so even in years when funds are scarce you will often end up with an underspend. The Met’s suggested strategy of overbudgeting on the capital programme is a common way of dealing with this.

    The capital budget is also a different beast from the revenue budget, which is what will be significantly squeezed over the course of this Parliament. I wouldn’t be surprised if some organisations even see capital spending increase as part of invest-to-save programmes to bring annual revenue spending down.

  • As others have said, there’s a big difference between capital and revenue budgets, there are rules and regulations regarding what’s capital and what’s revenue, revenue is easier to budget because of the nature of items in a revenue budget.

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

To have your photo next to your comment please signup your email address with Gravatar.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?

Advert



Recent Comments

  • User AvatarThomas 23rd Oct - 2:48am
    James Pugh - but he is very charismatic, more than Kennedy, Clegg and Swinson combined (Clegg and Kennedy at their peak never managed to create...
  • User AvatarLorenzo Cherin 23rd Oct - 1:20am
    ps George, unless of course you mistake me for another, I think you may, as adding this, I have on no posting ever said the...
  • User AvatarLorenzo Cherin 23rd Oct - 1:17am
    George Potter Apologies needed by you. I never posted on here in 2014, not until Autumn 2015! I never shout down anyone ever, find me...
  • User AvatarSean Hyland 23rd Oct - 12:48am
    matt - my arguments were made some time ago on here.
  • User Avatarmatt 23rd Oct - 12:16am
    @Martin I have not written any, what would be the point as they would not be published, thats a bit of a daft comment really....
  • User AvatarIan Martin 22nd Oct - 11:48pm
    Chris "The bedrock of Lib Dem support in far flung rural areas were not very well-off voters with a suspicion of London and Brussels." And...