Issue - meetings

To consider a report of the Leader of the Council.

The Mid-Year Corporate Performance and Resource Report (CPRR) for 2023/24 provides a summary of progress in delivering the council’s priority outcomes up to 30 September 2023.

The report reflects the 2023/24 Council Plan, MTFP and portfolio priorities. It includes:

·         An overview of corporate delivery and performance (including brief highlights from the seven individual Portfolio Reports).

·         A detailed financial update, including, the outturn position on revenue and capital.

The Cabinet is recommended to:-

(1) Note the key delivery and performance issues from the councils seven portfolios set out in sections 1.3 and 1.4.

(2) Review progress against delivering council priorities and capital schemes alongside budget outturns contained within the report.

(3) Note the Cash Limit and Non-Cash Limit forecast outturn positions for 2023/24 as set out in section 2.3.

(4) Note the update to the council’s positive investments as set out in section 2.4.

(5) Note the Dedicated Schools Grant, Housing Revenue Account and Collection Fund forecast positions as set out in sections 2.5, 2.6, and 2.7.

(6) Note the appropriations to/from reserves and balances during the period as set out in section 2.8 and note the resulting reserves and balances position as of 30 September 2023.

(7) Note the position for the 2023/24 Capital Programme as set out in section 3.1.

(8) Note the adjustments of capital schemes during the quarter as set out in section 3.2.

(9) Approve the resourcing of the capital programme as set out in section 3.3.

(10) Approve the 2023/24 prudential indicators as set out in section 3.4, and

(11) Identify key areas for further investigation and responsibility for taking forward corrective action to address any existing or outturn issues or risks.

Officer Contact: Alan Lawson on 0161 474 5397 or email alan.lawson@stockport.gov.uk and Jonathan Davies on 0161 218 1025 or email jonathan.davies@stockport.gov.uk

(NOTE: The Chair was of the opinion that this item, although not included on the agenda, should be considered as a matter of urgency in accordance with section 100B(4)(b) of the Local Government Act 1972 in order that the Cabinet could give the required approvals to resourcing of the capital programme and the 2023/24 prudential indicators to ensure the efficient conduct of the Council’s business).

The Leader of the Council (Councillor Mark Hunter) submitted a report (copies of which had been circulated) providing a summary of progress in delivering the Council’s priority outcomes and budget in the first half of the financial year, with a particular focus on the second quarter of 2023/24 (July – September).

It was commented that notwithstanding the financial pressures facing the entirety of the local government sector, there remained a lot to be positive about in Stockport with specific reference to the creativity, energy and practical approach of the Council.

RESOLVED - (1) That the key delivery and performance issues from the councils seven portfolios set out in sections 1.3 and 1.4 be noted.

(2) That progress against delivering council priorities and capital schemes alongside budget outturns contained within the report be noted.

(3) That the Cash Limit and Non-Cash Limit forecast outturn positions for 2023/24 as set out in section 2.3 be noted.

(4) That the update to the council’s positive investments as set out in section 2.4 be noted.

(5) That the Dedicated Schools Grant, Housing Revenue Account and Collection Fund forecast positions as set out in sections 2.5, 2.6, and 2.7 be noted.

(6) That the appropriations to/from reserves and balances during the period as set out in section 2.8 and the resulting reserves and balances position as of 30 September 2023 be noted.

(7) That the position for the 2023/24 Capital Programme as set out in section 3.1 be noted.

(8) That the adjustments of capital schemes during the quarter as set out in section 3.2 be noted.

(9) That approval be given to the resourcing of the capital programme as set out in section 3.3.

(10) That approval be given to the 2023/24 prudential indicators as set out in section 3.4.