Issue - decisions

Members considered the performance and financial information for the Chief Executive’s Directorate for the 2008/09 Monitor 1. The performance element covers key and Council Plan indicators and projects, and the financial aspect deals with performance against budget for the Chief Executive’s Directorate.

The latest budget for the Directorate totalled £4,873k and current projections showed that the Directorate would overspend by £105k, which equated to 0.95% of the gross expenditure budget. Included in the overspend was a projected cost of £20k in allowing Members access to the superannuation scheme and it was recommended that a request was made to the Executive to fund this pressure.

Advice of the Advisory Panel

That the Executive Leader be advised to

(i)    Note the financial and performance position of the portfolio;

(ii) Recommend to the Executive to release a contingency sum of £20k to fund the additional cost of Members superannuation costs.

Decision of the Executive Leader

RESOLVED:That the advice of the Advisory Panel be accepted and endorsed.

REASON:            In accordance with budgetary and performance monitoring procedures.