Issue - meetings

This report presents draft outturn figures for Economic Development for capital and revenue expenditure for the financial year 2007/08, and outturn (2007/08) performance against target for a number of key indicators, that are made up of Best Value Performance Indicators, Customer First targets (letter answering and telephone calls) and Staff Management Targets (sickness absence).

Members considered the Economic Development draft outturn figures for capital and revenue expenditure, together with the outturn performance against target for a number of key indicators for 2007/08.

The latest approved budget for Economic Development for the year was £2,359k. The provisional outturn expenditure was £2,343k a gross underspend of £-16 against the latest approved budget which represented a variation of –0.1% on the portfolio’s net budget.

Advice of the Advisory Panel

That the Executive Leader be advised to:

i)                    Note the Economic Development provisional performance and revenue and capital outturn for 2007/08.

ii)       Approve the carry forward of york.England.com budget as detailed in paragraph 14, subject to the approval of the Executive.

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.

Members considered the Economic Development draft outturn figures for capital and revenue expenditure, together with the outturn performance against target for a number of key indicators for 2007/08.

The latest approved budget for Economic Development for the year was £2,359k. The provisional outturn expenditure was £2,343k a gross underspend of £-16 against the latest approved budget, which represented a variation of –0.1% on the portfolio’s net budget.

Officers confirmed that the main problem area was the shortfall on Newgate market tolls but that this was against a general decline in markets.  A request was made to carry over a £15k underspend to enable york-england.com to undertake a proactive service with respect to indigenous property enquiries, including those for retail premises.

Members expressed concern at the shortfall in market tolls and questioned the introduction of casual user rates and the examination of good practice elsewhere to encourage the appearance of a vibrant market. Officers confirmed that they were in regular contact with traders and had recently held a market awareness day.

In answer Members questions Officers confirmed that they would need to commission a special piece of work to find out the number of people in York employed locally including their pay grade.

Advice of the Advisory Panel

That the Executive Leader be advised to:

i)                    Note the Economic Development provisional performance and revenue and capital outturn for 2007/08.

ii)         Approve the carry forward of york.England.com budget as detailed in paragraph 14, subject to the approval of the Executive. ¹.

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.