Destination 2014
Download questionnaireResponse to 4. Achieving Change
Dear Mick
As I am sure you will appreciate, keeping our administration cost down as much as possible is prerequisite for Capacitybuilders. The current agreement we have with our Sponsoring department (Cabinet Office) is that we spend no more than 10% on administration costs of the aggregated programme spend.
I attach a copy of the Capacitybuilders’ forecast expenditure in support of this agreement, to help alleviate your fears:
* Financial Forecast Table
| 2006/07 (£m) |
2007/08** (£m) |
2008/09*** (£m) |
|
|---|---|---|---|
| Infrastructure | |||
| Continuation fund | 7.00 | 7.00 | 7.00 |
| Hub | 9.20 | 8.00 | 7.00 |
| Consortia | 9.30 | 8.40 | 8.70 |
| Non-consortia | 1.30 | 1.20 | 1.67 |
| Learning and development | 0.50 | 0.53 | 0.67 |
| Best practice | 0.20 | 0.20 | 0.30 |
| Improved reach | 6.30 | 5.00 | 5.10 |
| Programme support | 0.96 | 0.96 | 0.96 |
| 34.76 | 31.29 | 31.40 | |
| CB running cost | 2.54 | 2.21 | 2.10 |
| 37.30 | 33.50 | 33.50 |
* Source Capacitybuilders Corporate Plan.
** Planned allocation for 2007/08.
*** Expected allocation for 2008/09, pending Government spending review.
Financial assumptions
- The 2006/07 projection is based upon the agreed budget for the year.
- The 2007/08 projection is based upon the programme spend profile as at 31 May 2006.
- The fall in running costs between 2006/07 and 2007/08 relates to non-recurring costs incurred in 2006/07 such as the cost of website design, recruitment fees and launch costs and to efficiency savings.
- For 2008/09 the assumption is that the annual budget will be the same as the planned allocation for 2007/08.
- Excluded from the funds above are the annual rent and associated service charges (£101,000) being paid directly by the Cabinet Office.
Posted by Gilbert George
gilbert.george@capacitybuilders.org.uk
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