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.