Issue - meetings

Report of Assistant Director: Performance and Transformation and Assistant Director: Finance and Governance

Purpose of report

This report summarises the Council’s Performance, Finance and Risk monitoring position as at the end of the year.

Recommendations

The meeting is recommended:

 1.1        To note the outline revenue and capital position for 2017/18.

1.2         To note the performance position at the end of the year.

1.3                     To note that the risk register is now reviewed and updated on a monthly basis.

Resolved

(1)          That the outline revenue and capital position for 2017/18 be noted.

(2)          That the performance position at the end of the year 2017/18 be noted.

(3)          That it be noted that the risk register was now reviewed and updated on a monthly basis.

The Assistant Director: Performance and Transformation and Assistant Director: Finance and Governance submitted a report which summarised the Council’s Performance, Finance and Risk monitoring position as at the end of the year.

At the discretion of the Chairman, Councillor Woodcock, Lead of the Labour Group, addressed Executive regarding the redevelopment of the Hill in Banbury. Councillor Woodcock highlighted the ongoing delays to the project, the current status of the site and stated that he therefore felt an apology was due to centre users, staff and local residents.

In response to the comments of Councillor Woodcock, the Chairman acknowledged the points raised and agreed that the situation was not acceptable with the series of delays that had hampered the project. Additionally the delays and disruption and frustration to affected people could not be defended and he took the opportunity to apologise to all parties that had been and continued to be affected and stressed that officers and Members were working hard to progress the project. A new architect had been appointed to revise the specification to deliver the project within budget.

Whilst acknowledging the status of the Hill, the Chairman commented that overall performance in 2017/18 had been very good with 89% of measures reporting green at the year-end, 8% amber and 3% red.

Resolved

(1)          That the outline revenue and capital position for 2017/18 be noted.

(2)          That the performance position at the end of the year 2017/18 be noted.

(3)          That it be noted that the risk register was now reviewed and updated on a monthly basis.

Reasons

In line with good practice budget monitoring is undertaken on a monthly basis within the Council. The revenue, capital and reserves position for 2017/18 is currently in the final stages of a detailed review by officers. As a result of the current work to finalise the Statement of Accounts and year-end financial position, the final outturn will be reported to Executive and Budget Planning Committee in July.

The Council’s performance management framework sets out the key objectives, projects and programmes of work that contribute to the Council’s corporate business plan. This plan sits alongside the Council’s budgets and risk registers.

Alternative options

Option 1: This report illustrates the Council’s performance against the 2017-18 business plan. As this is a monitoring report, no further options have been considered. However, members may wish to request that officers provide additional information.