Decision details

End of December 2017 corporate budget and performance report

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

This report is designed to provide assurance that progress is being made towards achievement of the agreed revenue and service delivery targets, and that the reasons for major variances or potential under-performance are understood and are being addressed to the cabinet’s satisfaction. Cabinet is asked to review projected revenue and capital outturn for 2017/18, consider performance for the first nine months of the year and authorise the use of reserves.

 

Decision:

 

 That:

(a)  the projected revenue financial outturn and performance for the first nine months of 2017/18 be reviewed and any additional actions required to achieve improvement be determined;

(b)  the projected capital financial outturn and performance for the first nine months of 2017/18 be reviewed and any additional actions required to achieve improvement be determined; and

(c)  the chief finance officer be authorised to use reserves as set out below:

 

 

 

Total

£000s

Schools Balances: scheme of delegation

 

(8,089)

Children’s planned improvement

 

(109)

 

Waste: planned as part of the PFI contract

 

(204)

 

Legal – specialist interims

 

(100)

 

Broadband and digital planning

(126)

 

Severe Weather – for the Hereford Transport Package

 

(384)

Leominster landfill site

 

(15)

 

Hereford Relief Road

 

(308)

 

ECC

 

(600)

 

Total Movements

 

(9,935)

 

 

 

Alternative options considered:

 

Cabinet may: choose to review financial and operational performance more or less frequently; or determine alternative actions to address any identified areas of under-performance, including referral to the relevant scrutiny committee.

Alternative option is not to agree to the use of reserves; this will lead to a corresponding revenue budget pressure.

 

Wards Affected: (All Wards);

Contact: Steve Hodges, Directorate services team leader Email: sthodges@herefordshire.gov.uk Tel: 01432 261923.

Publication date: 15/02/2018

Date of decision: 15/02/2018

Effective from: 22/02/2018

Accompanying Documents: