Decision details
2008/09 First Monitoring Report for Economic Development Service - Finance & Performance
Decision Maker: Executive Members for City Strategy and Advisory Panel
Decision status: Awaiting Implementation
Is Key decision?: No
Is subject to call in?: No
Purpose:
Purpose of report:To advise latest projections
for revenue and capital expenditure and monitor performance against
target for a number of key indicators.
Members are asked to:Note the contents of the report
Decision:
Members considered the latest projections for revenue and capital expenditure by Economic Development, as well as performance against target for;
- National Performance Indicators
- Customer First Targets (letter and telephone answering)
- Staff Management targets (sickness absence and appraisals completed).
The Panel were reminded that the Best Value Performance Indicators (BVPIs) had now been superseded by a new indicator, the National Performance Indicators (NPIs) of which Economic Development now had 14, the majority of which were annual.
The current approved budget was £2,345k, including £15k which had been carried forward from 2007/08 and a further £20k to reduce the market income expectation. Current projections showed that the Economic Development outturn would be £2,368k, and overspend of £+23k.
Advice of the Advisory Panel
That the Executive Leader be advised to approve the financial and performance position of the Economic Development portfolio.
Decision of the Executive Member for Leader
RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.
REASON: In accordance with budgetary and performance monitoring procedures.
Publication date: 09/09/2008
Date of decision: 08/09/2008
Decided at meeting: 08/09/2008 - Executive Members for City Strategy and Advisory Panel
Accompanying Documents:
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