Quarter 2 Budget and Performance
Decision Maker: Cabinet
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
To review performance for Quarter 2 2022/23 and the forecast budget outturn for the year.
To provide assurance that progress has been made towards delivery of the agreed revenue budget 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.
The forecast 2022/23 outturn shows a net overspend of £8.7 million after the use of reserves and recovery plan.
The proportion of performance measures showing an improvement, or remaining the same compared to the same period last year is 64%. At the end of the quarter, 82% of actions from the delivery plan are identified as complete or are progressing within planned timescales
a) Cabinet, having reviewed performance and financial forecast for year 2022/23, as set out in the appendices A-E, has not identified any additional actions to be considered to achieve future improvements.
Alternative options considered:
1. Cabinet may choose to review financial, delivery and operational performance more or less frequently; or request alternative actions to address any identified areas of under-performance, including referral to the relevant scrutiny committee.
Wards Affected: (All Wards);
Contact: Appy Reddy, Head of Corporate Performance Email: Appy.Reddy2@herefordshire.gov.uk Tel: 01432 383675.
Publication date: 24/11/2022
Date of decision: 24/11/2022
Effective from: 01/12/2022
- Quarter 2 Budget and Performance