Issue - meetings
2008/09 Chief Executive's Finance & Performance Monitor 2
Meeting: 08/12/2008 - Executive Members for City Strategy and Advisory Panel (Item 56)
56 Chief Executive's Monitor 2 Finance & Performance Report 2008/09 
PDF 71 KB
This is the second monitoring report for the year combining performance and financial information for the Chief Executive’s Directorate. Members are asked to note the performance and financial position.
Additional documents:
- Chief Exec 08-09 - Annex 1 Revenue Budget, item 56
PDF 21 KB
- CEX CORP Performance tables Annex 2 monitor 2, item 56
PDF 20 KB
- CEX Dir Performance tables Annex 3 monitor 2, item 56
PDF 17 KB
- Chief Exec 08-09 Capital - Annex 4, item 56
PDF 13 KB
Decision:
Advice of the Advisory Panel
That the Executive Leader be advised to note the financial and performance position of the Chief Executives portfolio. 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.
Minutes:
Members considered the second monitoring report of the year which combined performance and financial information for the Chief Executive’s Directorate covering the period from April to October 2008.
It was reported that the latest budget for the Directorate was £6,244k which included the transfer of Property and Payroll Services into the Directorate and the transfer out of the Performance, Policy and Planning Team to the Resources Directorate. Current projections showed that the directorate would overspend by £354k which equated to 1.7% of the gross expenditure budget and that of the overspend £294k was transferred in the Property function.
Officers confirmed that there was concern over project overspends in Property Services but that £275k in mitigating actions had recently been found. It was confirmed that sickness absence was continuing to fall and that the health and safety measures were working.
Members questioned whether a review was to be undertaken of the rate of pay for the “expensive” agency staff, referred to in page 20, of the report. Officers confirmed that they were examining alternative models for delivering property services and would report back.
Advice of the Advisory Panel
That the Executive Leader be advised to note the financial and performance position of the Chief Executives portfolio.
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.