Purpose

The Year-End (Quarter 4) Corporate Performance and Resource Report (CPRR) for 2023/24 provides an overview of key corporate delivery and performance from the seven individual portfolio reports and a detailed financial update, including the outturn position on revenue and capital.

Decision

The Cabinet considered the Corporate Performance and Resources Year-End Quarter 4 Report for 2023/24 setting out a summary of the progress in delivering the council’s priority outcomes up to 31 March 2024 with a particular focus on the final quarter of 2023/24 (January to March 2024) and agreed to:-

(1) Note the key delivery and performance issues from the council’s 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 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 outturn 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 at outturn.

(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.

Alternative options considered

None.