Issue - meetings
2008/09 City Strategy Finance & Performance Monitor 3
Meeting: 16/03/2009 - Executive Members for City Strategy and Advisory Panel (Item 101)
101 2008/09 City Strategy Finance and Performance Monitor Three Report 
PDF 89 KB
This report presents the latest projections for revenue expenditure and capital expenditure for the City Strategy portfolio together with Monitor 3 (2008/09) performance against key projects and against targets for a number of key indicators that are made up of:
· National Performance Indicators and local indicators owned by City Strategy
· Customer First targets (letter answering)
· Staff Management Targets (sickness absence)
Additional documents:
- City Strategy Monitor 3 Annex 1, item 101
PDF 33 KB
- City Strategy Monitor 3 Annex 2 final, item 101
PDF 23 KB
- City Strategy M3 Annex 3 CDT 2008-09, item 101
PDF 50 KB
- City Strategy M3 Annex 4 PS 2008-09, item 101
PDF 38 KB
- City Strategy M3 Annex 5 RBM 2008-09, item 101
PDF 35 KB
Decision:
Advice of the Advisory Panel
That the Advisory Panel advise the Executive Member for City Strategy to note the financial and performance position of the portfolio.
Decision of the Executive Member for City Strategy
RESOLVED: That the advice of the Advisory Panel be accepted and endorsed.
REASON: In accordance with budgetary and performance monitoring procedures.
Minutes:
Consideration was given to a report, which presented the following information from the City Strategy Directorate:
· the latest projections for revenue expenditure and capital expenditure for City Strategy portfolio,
· Monitor 3 (2008/09) performance against key projects and against targets for national performance indicators, customer first and staff management targets.
Officers reported that current projections showed that the City Strategy Directorate would overspend by £+621k which represented 1.7% of the gross expenditure. The overspend was significantly higher than that forecast at Monitor 2 the main reasons being the increased costs of Winter Maintenance and a significant downturn in the trading position of Yorwaste.
Member questioned the proposed Yorwaste dividend referred to in paragraphs 55 and 56 of the report. Officers confirmed that there had been a downturn in income earned from recyclates and this was reflected in the dividend payment.
Advice of the Advisory Panel
That the Advisory Panel advise the Executive Member for City Strategy to note the financial and performance position of the portfolio.
Decision of the Executive Member for City Strategy
RESOLVED: That the advice of the Advisory Panel be accepted and endorsed.
REASON: In accordance with budgetary and performance monitoring procedures.