Issue - meetings

The Cabinet considered a report on the Council's performance and financial position as at 30th June 2008 (period 3, quarter 1).  It was noted that the £100,000 underspend mentioned in the strategic planning finance report did, in fact, relate to the underspend in relation to the Local Development Framework - Examination in Public, and that the funding for the Framework could be released back to balances as there was now sufficient budget available to fund the project.

RESOLVED:

(a)       that it be noted that 67% of Performance Indicators for which data was available were Improving or Stable;

(b)       that it be noted that 86% of Performance Indicators for which data was available were achieving their Year to Date target;

(c)        that it be noted that 96% of Performance Indicators for which data was available were predicted to meet their target at year end;

(d)       that the £268,000 predicted outturn revenue spend variance and other financial information be noted; and

(e)       that the corrective actions being taken on both the Council's performance and finances be noted; and

RECOMMENDED that the Council approve a reduction in revenue budget and corresponding return to revenue balances of £100,000 in relation to the funding requirement for the Local Development Framework - Examination in Public.