Decision details

The Executive Meeting considered (i) the Annual Report Corporate Performance and Resources Report which provided a summary of key activity during the year, including any updates for the fourth quarter, along with performance and budget out-turns for the full year and (ii) the Annual Leader’s Report highlighting a number of the Council’s significant achievements over the last 12 months, along with providing an update on plans for 2014/15 and beyond and has agreed that:-

(1) the progress against delivering Council Plan priorities, portfolio outcomes and capital schemes alongside budget and performance outturns contained within the report be noted.

(2) the virements to the Revenue Budget set out in section 2.2.2 of the report be approved.

(3) the cash limit and non-cash limit forecast outturn positions for 2013/14 as set out in sections 2.3 and 2.6 of the report be noted and the carry forward arrangements for cash limit surpluses set out in paragraph 2.5.1 and the recommended use of non-cash limit surpluses set out in paragraph 2.6.6 of the report be approved.

(4) the review of the budget savings programme set out in section 2.4 of the report be noted.

(5) That the approach to providing Minimum and Voluntary Revenue Provision as set out in paragraph 2.6.2 of the report be noted

(6) the approach to financing redundancy costs set out in paragraph 2.6.5 of the report be approved

(7) the  Retained Schools Budget and Housing Revenue Account outturn positions as set out in sections 2.7 and 2.8 of the report be noted

(8) the contributions to/from earmarked reserves and balances as set out in section 2.9 of the report be noted and the resulting final reserves and balances positions including the creation of a £6.329m ‘Investing in Stockport’ reserve and a £2.885m ‘Highways Investment’ reserve as set out in paragraph 2.9.4 of the report be approved.

(9) the final position for the 2013/14 Capital Programme as set out in section 3.1 of the report be noted.

(10) the changes to the Capital Programme as set out in 3.1.7 of the report be approved.

(11) the resourcing of the Capital Programme as set out in section 3.4 of the report be approved.

(12) the delegation arrangements for any late adjustments included in the Statement of Accounts, as set out in sections 2.11 and 3.6 of the report be approved.

None.

None.