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Effective use of our resources |
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Effective use of our resources
Our draft budget for 2011/2012 is £13.940m. An analysis of this budget by expenditure type is shown in the table below. This budget provides funding for the employment of 163.8 FTE staff.
2010/11 Budget Summary
| Expenditure |
£m
|
|
| Staff costs |
5.813 |
41.7% |
| Accommodation costs |
0.538 |
3.9% |
| Administration costs |
1.258 |
9.0% |
| Transport costs |
0.115 |
0.8% |
| Supplies and services |
1.069 |
7.7% |
| Disbursements and postgraduate bursaries |
2.768
|
19.9% |
| Practice Learning payments |
2.377 |
17.0% |
|
|
|
| Total expenditure |
13.938 |
100% |
|
|
|
| Grant in aid from Scottish Government |
9.837 |
69.6% |
| Specific funding: Practice Learning |
2.377 |
17.8% |
| Specific funding: Continuous Learning Framework |
0.172 |
1.3% |
| Specific funding: leadership and management |
0.320 |
1.5% |
| Specific funding: Sector Skills Council |
0.58 |
0.9% |
| Registration fees |
1.134 |
8.6% |
Other income
|
0.040 |
0.3% |
|
|
|
Total funding
|
13.938 |
100% |
As a non-departmental public body, we must use our resources effectively and efficiently. We prepare an annual budget that aligns the strategic aims and objectives contained within this strategic plan to the financial resources available. We monitor performance against the budget throughout the year and report the position to each Finance and Resources Committee and Council meeting. In addition, budget monitoring reports and cash flow forecasts are provided to the Sponsor Department on a monthly basis.
We also undertake a significant amount of modelling work to predict future resource requirements as the number of social service workers registering with us increases. This modelling work is built in to our planning and budgeting processes.
We account for our performance in using the resources allocated to us through publishing Annual Report and Accounts. The accounts are subject to independent audit by our auditors (currently Audit Scotland).
The preceding section provides the detail, context and activities associated with our four desired outcomes. This section shows the allocation of our 2011/12 budget against these outcomes.
Chart 1: allocation of resources by outcome
Outcome 1: Scotland has a safer, more skilled and flexible workforce.
Outcome 2: Scotland has an effective, proportionate and successful model of regulation in social services.
Outcome 3: Scotland has high quality, well led social services.
Outcome 4: Our work and the organisation are regarded as an international exemplar of good practice and innovation.
It should be noted that bursaries and practice learning payments that are paid to post graduate students and universities respectively to support students undertaking the post graduate social work qualification are contained within outcome 3. Together disbursements, bursaries and practice learning payments represent 37% of our total budget.
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