Agenda item

Joint report of the Chief Officer (Governance) and the Chief Officer (Resources). 

The Panel considered a joint report from the Chief Officers (Governance) and (Resources) presenting the corporate performance and financial monitoring reports and other supporting statements for quarter 3 of the 2014/15 performance monitoring cycle. Councillor Bryning, Cabinet Member with responsibility for Finance, was in attendance for this item.

The Chief Officer (Governance) and Corporate Planning and Performance Manager presented the performance information and responded to questions.  The issues raised included:

·         The format in which the information was presented to the Panel, and why this had changed from tables to a narrative.

·         The number of affordable homes for the district.

·         The ‘Splashpark’ water feature at Happy Mount Park.

Members were pleased to note that there had been an increase in the number of people participating in sports and leisure activity.

The Financial Services Manager presented the financial monitoring information and responded to questions regarding:

·         Current situation regarding the recovery of money invested in Icelandic banks.

·         A change to the City Council’s banking provider.

·         Underspending position for the General Fund 2014/15.

Councillor Bryning reminded Members that sessions of Treasury Management training had been arranged for June 2015 and attendance would be especially relevant for all Members of the Panel.

The Panel agreed to note the report.

Resolved:

That the report be noted.