Issue - meetings

To consider a joint report of the Leader of the Council and the Executive Councillor (Support & Governance).

This item comprises (i) the First Update Corporate Performance and Resources Report (CPRR) 2015/16, and (ii) the First Update Leader’s Report 2015/16.

The First Update Corporate Performance and Resource Report (CPRR) provides an overview of progress in delivering the Council’s Priority Outcomes and budget during the first quarter of 2015/16. It is the first report based on the new Council Plan 2015/16 and the Medium Term Financial Plan 2015/18, and is presented in a new format.

Project updates are largely focused around the Investing in Stockport programme, and the report also includes forecast budget and performance data where this is available, along with an update on the refreshed Corporate Risk Register. It is supported by seven Portfolio Performance and Resource Reports which were considered by the last Scrutiny cycle.

The Leader’s Report highlights a number of the Council’s significant achievements over the last quarter, including significant decisions at Greater Manchester level.

The Executive is asked to;

·        Review progress against delivering the Council Plan’s Investing in Stockport outcomes and capital schemes alongside budget and performance forecasts contained within the report;

·        Approve the virements to the Revenue Budget set out in section 2.2.3;

·        Note the cash limit and non-cash limit forecast positions for 2015/16 as set out in sections 2.3 and 2.6;

·        Note the position on the 2015/16 budget savings programme set out in section 2.4;

·        Note the Retained Schools Budget and Housing Revenue Account forecast positions as set out in sections 2.7 and 2.8;

·        Approve the contributions to/from earmarked reserves and balances as set out in section 2.9 and note the forecast reserves and balances position;

·        Note the forecast position for the 2015/16 Capital Programme as set out in section 3.1;

·        Approve the changes to the Capital Programme as set out in 3.1.6;

·        Approve the proposals for resourcing the Capital Programme as set out in 3.3.4 and 3.3.5;

·        Note the treasury review and activity during the first quarter as set out in section 4, and;

·        Identify key areas for further investigation and responsibility for taking forward corrective action to address any existing or forecast issues or risks.

Officer contact: Peter Owston, 0161 474 3274, peter.owston@stockport.gov.uk

The Executive Councillor (Support & Governance) submitted a report (copies of which had been circulated) providing the Executive with a report on the delivery of the Council’s Priority Outcomes and budget for the first quarter of 2015/16. The report was based on the new Council Plan 2015/16 and the Medium Term Financial Plan 2015/18 and was presented in a new format.

The Leader’s Report for the first quarter of 2015/16 was also included within the report, and summarised significant Greater Manchester level decisions.

RESOLVED – That in relation to the Corporate Performance and Resources First Update Reports 2015/16:-

·         progress against delivering the Council Plan’s Investing in Stockport outcomes and capital schemes alongside budget and performance forecasts contained within the report be noted;

·         the virements to the Revenue Budget set out in section 2.2.3 of the report be approved;

·         the cash limit and non-cash limit forecast positions for 2015/16 as set out in sections 2.3 and 2.6 of the report be noted;

·         the position on the 2015/16 budget savings programme set out in section 2.4 of the report be noted;

·         the Retained Schools Budget and Housing Revenue Account forecast positions as set out in sections 2.7 and 2.8 of the report be noted;

·         the contributions to/from earmarked reserves and balances as set out in section 2.9 of the report be approved and the forecast reserves and balances position be noted;

·         the forecast position for the 2015/16 Capital Programme as set out in section 3.1 of the report be noted;

·         the changes to the Capital Programme as set out in 3.1.6 of the report be approved;

·         the proposals for resourcing the Capital Programme as set out in 3.3.4 and 3.3.5 of the report be approved, and;

·         the treasury review and activity during the first quarter as set out in section 4 of the report be noted.