Decision details

The Executive considered the Annual Report Corporate Performance and Resources Report for 2014/15, the Annual Leader’s Report and the Performance and Resources Framework for 2015/16 and agreed that:-

(1) in relation to the Performance and Resource Management Framework 2015/16 the following be endorsed:-

·         the realignment of the 2015/16 revenue budget, capital programme and earmarked reserves totals as shown in the report on the new portfolio basis, and

·         the proposed process for developing the Performance and Resource Framework for 2015/16

(2) in relation to the Corporate Performance and Resources Annual Report 2014/15:-

·         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 outturn positions for 2014/15 as set out in sections 2.3 and 2.6 be noted;

·         the position on the 2013/14 and 2014/15 budget savings programme set out in section 2.4 be noted;

·         the approach to financing redundancy costs set out in paragraph 2.6.3 be approved;

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

·         the contributions to/from earmarked reserves and balances as set out in section 2.9 be approved and the resulting final reserves and balances position of £91.96m be noted;

·         the approval of changes to the outturn, reserves and/or balances position that may arise from the audit of the statement of accounts (see section 2.11) be delegated to the Corporate Director for Corporate and Support Services, in conjunction with the Executive Councillor (Support & Governance);

·         the forecast position for the 2014/15 Capital Programme as set out in section 3.1 be noted;

·         the changes to the Capital Programme as set out in 3.1.7 be approved; and

·         the proposals for resourcing the Capital Programme as set out in 3.3.4 and 3.3.5 be approved.

None