Issue - meetings

This report combines performance and financial information for the Directorate of Resources for Monitor 1, 2007/08. The performance element covers key and Council Plan indicators and projects, and the financial aspect deals with capital, revenue and Treasury Management variances.

Advice of the Advisory Panel

That the Executive Member be advised to:

(i)                 Note the current financial situation

(ii)               Note performance, achievements and comments

(iii)             Approve the accounting approach of using revenue reserves for dealing with the Property Trading account to be approved by the Executive

(iv)              Approve the adjustments to the capital programme subject to approval by the Executive.

Decision of the Executive Member

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

REASON:                  In accordance with budgetary and performance monitoring procedures.

Members considered a report which combined performance and financial information for the Directorate of Resources for Monitor 1, 2007/08. The performance element covered key and Council Plan indicators and projects, and the financial aspect dealt with capital, revenue and Treasury Management variances.

The report advised that the directorate was forecasting a net underspend of £505k compared to a budget of £4,655k. This was a forecast variance of 0.8% compared to the gross budget of £65,198k.

Members queried whether there was a way to measure staff sickness so that long term sickness was omitted and suggested that the median could be used instead of the average. Officers reported that the figures were produced centrally, but would investigate what options there were to produce more informative sickness figures.

The Executive Member congratulated officers on getting the York Customer Centre (YCC) resolved over the summer and improving its performance, andon the ongoing improvements in benefits performance particularly new claims.

Advice of the Advisory Panel

That the Executive Member be advised to:

(i)                 Note the current financial situation

(ii)               Note performance, achievements and comments

(iii)             Approve the accounting approach of using revenue reserves for dealing with the Property Trading account to be approved by the Executive

(iv)              Approve the adjustments to the capital programme subject to approval by the Executive.

Decision of the Executive Member

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

REASON:                  In accordance with budgetary and performance monitoring procedures.