Agenda item
Integrated Performance Report 2014/15 Quarter 4
- Meeting of City Executive Board (became Cabinet on 13 May 2019), Thursday 9 July 2015 5.00 pm (Item 50.)
- View the background to item 50.
The Head of Financial Services has submitted a report which details the Finance, Risk and Performance position as at the end of Quarter 4, 31 March 2015.
Officer Recommendations: That the City Executive Board
1. Note the financial outturn and performance of the Council for the year 2014/15 and also the position on risks outstanding as at 31 March 2015;
2. Note the transfers to General Fund earmarked reserves detailed in the report and Appendix E5;
3. Note the transfers to the Housing Revenue Account (HRA) earmarked reserves as detailed in paragraph 16;
4. Agree the carry forward requests outlined at paragraph 8 and detailed in Appendix E4;
5. Note the capital carry forwards as detailed in Appendix E2
Minutes:
The Head of Financial Services submitted a report (previously circulated now appended) which detailed the finance, risk and performance position as at the end of Quarter 4, 31 March 2015.
Cllr Turner, Board Member for Finance, Corporate Asset Management and Public Health presented the report, referencing the written responses to the Scrutiny Committee recommendations. He drew attention to the Council’s General Fund outturn position for 2014-15 (a favourable variance of £1.808m) and congratulated officers in exceeding income targets. He also commented on the improved capital performance of the Council.
The City Executive Board resolved to:
1. NOTE the financial outturn and performance of the Council for the year 2014/15 and also the position on risks outstanding as at 31 March 2015;
2. NOTE the transfers to General Fund earmarked reserves detailed in the report and Appendix E5;
3. NOTE the transfers to the Housing Revenue Account (HRA) earmarked reserves as detailed in paragraph 16;
4. AGREE the carry forward requests outlined at paragraph 8 and detailed in Appendix E4;
5. NOTE the capital carry forwards as detailed in Appendix E2
Supporting documents:
- CEB 2014 15 Q4 Integrated Performance Report, item 50. PDF 154 KB View as DOCX (50./1) 322 KB
- Appendix A1 - Corporate, item 50. PDF 615 KB
- Appendix A2 Corporate Integrated Report v2, item 50. PDF 29 KB
- Appendix B1 - City Regeneration, item 50. PDF 414 KB
- Appendix B2 City Regeneration Integrated Report v2, item 50. PDF 38 KB
- Appendix C1 - Organisational Development and Corporate Services, item 50. PDF 581 KB
- Appendix C2 Organisational Development and Corporate Services Integrated Report, item 50. PDF 28 KB
- Appendix D1 - Community Services v2, item 50. PDF 470 KB
- Appendix D2 Community Services Integrated Report v2, item 50. PDF 26 KB
- Appendix E1 - GF Outturn 210415 v12, item 50. PDF 204 KB
- Appendix E2 - Final Capital Outturn Position, item 50. PDF 270 KB
- Appendix E3 - HRA Revenue Monitor Mar 15 v2, item 50. PDF 194 KB
- Appendix E4 - Carry Forward Requests Summary v5, item 50. PDF 51 KB
- Appendix E5 - Earmarked Reserves, item 50. PDF 34 KB