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<p>Each month the Department for Transport's Executive Committee receives a summary
of the forecast expenditure against budget as part of a Management Information Pack
and a commentary in which any significant forecast variances to individual budgets
are described and explained. Information at the detailed level is reviewed by each
budget holder and Finance Business Partner to ensure that the Department for Transport
remains within its control totals and each budget holder remains within their budget.
Where forecasts indicate a possible breach of Treasury control totals, this is reported
to the Executive Committee every month until the issue is resolved. There were two
potential forecast overspends which were at risk of breaching control totals. These
issues were highlighted to the Executive Committee three times in 2013-14 until the
issues were resolved.</p><p> </p><p>The Department for Transport does not have a prescribed
percentage for any forecast overspend to be tabled at the Board or Executive Committee.</p><p>
</p><p> </p><p> </p><p> </p>
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