FINANCIAL PERFORMANCE MONITORING AS AT MONTH 7 2023/24 AND MEDIUM TERM FINANCIAL PLAN 2024/25 - 2026/27

December 11, 2023 Executive (Other) Approved View on council website
Full council record

Decision

The Executive agreed the recommendations as outlined above namely:

  1. To note the report.  
  2. To require the respective directors, Chief Executive and Director of Resources to continue to closely monitor and manage service financial and operational performances, specifically the social care services.
  3. To prompt the Scrutiny Leadership Board to continue to independently review the financial and operational performances of Council services.
  4. To continue to lobby central government (Department for Levelling Up, Housing and Communities, Department for Health and Social Care and Department for Education in particular) along with local authority peers and networks and the Local Government Association for the funding necessary to cope with the burdens and demands presenting as a result of exceptional inflationary pressures and demographic demands upon statutory services.
  5. To continue to work towards target working balances of £6m by 31 March 2024 rising to £8m by 31 March 2025.

Supporting Documents

Appendix 2h M7 2324 G and P.pdf
Item 2 Financial Performance Monitoring M7 2324.pdf
Appendix 2a M7 2324 Revenue Summary.pdf
Appendix 2m M7 2324 Outside Cash Limit.pdf
Appendix 2b M7 2324 Chief Exec.pdf
Appendix 2i M7 2324 Commty andEnvironmental Services was LOS.pdf
Appendix 2c M7 2324 Governance and Partnership Services.pdf
Appendix 2d Ward Budgets 2324 M7.pdf
Appendix 2e M7 2324 Resources.pdf
Appendix 2j M7 2324 Adult Services.pdf
Appendix 2f M7 2324 Communications and Regeneration.pdf
Appendix 2g M7 2324 Strategic Leisure Assets Directorate.pdf
Appendix 2q Capital Month 7 2324.pdf
Appendix 2o M7 2324 Wholly-owned companies.pdf
Appendix 2k M7 2324 Childrens Services.pdf
Appendix 2l M7 2324 Public Health.pdf
EX45 Financial Performance Monitoring M7 2324.pdf
Appendix 2pM7 2324 Directorate Budget Savings Performance.pdf
Appendix 2s M7 2324 Balance Sheet.pdf
Appendix 2r M7 2324 Cash Flow Summary.pdf

Details

OutcomeRecommendations Approved
Decision date11 Dec 2023
Effective from16 Dec 2023
Subject to call-inYes