Subsidy Monitoring and Benchmarking

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  • #21117
    Madeline
    Participant

    We are currently reviewing our Budget Monitoring procedures. I was just wondering whether anybody is aware of any ‘good practice’ guide out there on Benefit Expenditure/Subsidy monitoring.

    Does anbody set local targets for what they anticipate their over-all subsidy return to be as a percentage of expenditure. Does anybody in particular set any targets in respect of overpayments raised as a percentage of expenditure.

    Are there any other areas that you consider?

    Thanks

    Madeline

    #4375
    keith j
    Participant

    I don’t think there is any “Guide” as such. What I do is go back over so many years to find ratios,for example LA. error to overall Opymnts, Overpayments to Expenditure,Subsidy claimed to Expenditure (bear in mind it used to be 95%) and compare year on year to identify trends. Caseload needs to be tken into account too. (Ours is going up consistently is anyone elses?) I then monitor monthly to spot anything out of the norm.

    #4376
    Madeline
    Participant

    Thanks for your reply.

    Madeline

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