Issue - meetings

1st Quarter Financial Update & Performance Monitoring Report 2020/21

Meeting: 07/10/2020 - Strategic Planning and Infrastructure Committee (Item 225)

225 1st Quarter Financial Update & Performance Monitoring Report 2020/21 pdf icon PDF 88 KB

Additional documents:

Minutes:

The Head of Finance introduced the report and highlighted that the Committee’s budget had been agreed prior to the onset of the Covid-19 pandemic. The shortfall was £1.6million. It was hoped this would be partially mitigated by the Council’s claim against the income lost under the Sales, Fees and Charges scheme.

 

Particular attention was drawn to the loss of income from parking tariffs and the reduced demand for planning services. There had been an overspend to the Local Plan Review (LPR) budget due to unforeseen areas of spending. The Committee’s two capital schemes were to be completed by the end of the year.

 

The Policy and Information Manager noted that one of the five targetable indicators had missed the quarter one target; number of affordable homes built, by 12 homes. This was a direct result of the lockdown period. Construction had re-started but would take longer due to the Covid-19 secure measures enforced.

 

The additional key performance indicator that concerned the number of open enforcement cases would be reported to the Committee from the second quarter. An interactive dashboard had been created with the planning enforcement team, with the relevant data to be collected at the beginning of each month.

 

RESOLVED: That

 

1.  The Revenue position as at the end of Quarter 1 for 2020/21, including the actions being taken or proposed to improve the position, where significant variances have been identified, be noted;

 

2.  The Capital position as at the end of Quarter 1 be noted; and

 

3.  The Performance positions as at Quarter 1 for 2020/21, including the actions being taken or proposed to improve the position, where significant issues have been identified, be noted.