/ Introduction This section summarises the financial performance of the Project against its budget, the value for money achieved and assessment of cost avoidance. Project Budget / Spend Table 8.1 outlines the overall expenditure against the budget for the period 2015/16 – 2016/17. Table 8:1: Expenditure against Pro Rata Funding (2015/16 2016/17) – Locality Funding (£) Expenditure Variance Basildon and Brentwood £155,040 £112,575 -£42,465 Castle Point and Rochford £90,417 £73,130.70 -£17,286 Mid Essex £286,485 £217,593 -£68,892 (includes ECC (includes ECC commissioning funds for commissioning funds for Provide to supply Level Provide to supply Level 2 conversations) 2 conversations) NE Essex Colchester £159,000 £159,000 £0 – NE Essex Tendring £200,000 £199,000 £1,000 – West Essex £230,000 £199,776 -£30,224 Southend £70,000 £54,000 -£16,000 Total £1,190,942 £1,015,075 -£175,867 Source: Funding: Social Prescription Cash flow v0 6; provided by ECC to PACEC July 2016/ information provided by Age UK Essex and ECC. Spend: Information provided by delivery organisations (May / June 2017) Table 8.1 shows that at 31 March 2016 there has been an overall underspend of £175,867; this is due to a variety of reasons at project level including: Basildon and Brentwood underspend due to delays in mobilisation/ project start which – resulted in recruitment delays. In addition, savings were able to be made in categories such as volunteer expenses as while initially it was expected a team of up to 30 volunteers would be recruited to support patients, this was overestimated and not required to deliver the project, resulting in less e.g. training expenses. The project also
/ Introduction This section summarises the financial performance of the Project against its budget, the value for money achieved and assessment of cost avoidance. Project Budget / Spend Table 8.1 outlines the overall expenditure against the budget for the period 2015/16 – 2016/17. Table 8:1: Expenditure against Pro Rata Funding (2015/16 – 2016/17) Locality Funding (£) Expenditure Variance Basildon and Brentwood £155,040 £112,575 -£42,465 Castle Point and Rochford £90,417 £73,130.70 -£17,286 Mid Essex £286,485 (includes ECC commissioning funds for Provide to supply Level 2 conversations) £217,593 (includes ECC commissioning funds for Provide to supply Level 2 conversations) -£68,892 NE Essex – Colchester £159,000 £159,000 £0 NE Essex – Tendring £200,000 £199,000 £1,000 West Essex £230,000 £199,776 -£30,224 Southend £70,000 £54,000 -£16,000 Total £1,190,942 £1,015,075 -£175,867 Source: Funding: Social Prescription Cash flow v0 6; provided by ECC to PACEC July 2016/ information provided by Age UK Essex and ECC. Spend: Information provided by delivery organisations (May / June 2017) Table 8.1 shows that at 31 March 2016 there has been an overall underspend of £175,867; this is due to a variety of reasons at project level including: Basildon and Brentwood – underspend due to delays in mobilisation/ project start which resulted in recruitment delays. In addition, savings were able to be made in categories such as volunteer expenses as while initially it was expected a team of up to 30 volunteers would be recruited to support patients, this was overestimated and not required to deliver the project, resulting in less e.g. training expenses. The project also
evaluation-of-social-prescribing-models-final-programme-report-september-2017-v11.docx