To consider the 2004/05 outturn information for Best Value Performance Indicators, the Capital Programme and Revenue Budget and to provide an update on strategic risks facing the Council.  The integration of these key areas into a single report mirrors the structure and approach of the Corporate Plan adopted by Council in March, 2005 and is central to achieving an effective performance management system.

THAT  (a) the Best Value Performance Indicators for 2004/05 be approved for publication subject to any detailed textual amendments required;

(b)              the key areas of variance of performance from agreed targets be noted;

(c)               the final Revenue Outturn be noted and the transfers to and from Reserves be approved;

(d)              the Capital Programme Outturn be noted;

(e)              the current position in relation to key corporate risks be noted; and

(f)                provide a further report to Cabinet on the commitment against reserves and work to commence on the medium term financial plan.

This report marks a significant change to the approach to corporate performance reporting, bringing together performance indicator, risk management and financial information into a single report to provide Cabinet with a coherent picture of the Council’s performance.  This report includes annual information for 2004/05 for formal Cabinet approval.  Progress on performance for 2005-06 will also be reported in an integrated format at 4, 6, 8 and ten months.

None