Reporting Person – Adam Walther
Following pre-decision scrutiny by the Overview and Scrutiny Committee at its meeting on 26 September 2022, the Executive received a report on the proposed changes to the Performance and Financial Monitoring Information (currently known as the Green Book) along with a recommendation from the Committee. Councillor Barker explained that it was proposed to align the current Green Book data with the Woking For All Strategy priorities and Council Directorates in order to provide greater context and accessibility. It was also proposed to show variations on planned and actual spend across Directorate budgets to increase transparency.
The Executive was informed that the replacement for the Green Book would be referred to as the ‘Woking for All Performance Report’, or ‘Performance Report’ for short, and would be published on a quarterly basis. It was intended that two iterative reports would be produced alongside the existing Green Book in January and April 2023, before full adoption for the 2023/24 Municipal Year.
The Executive discussed the recommendation of the Overview and Scrutiny Committee to include the Treasury Management Information, currently included in the monthly Green Book, as an appendix to the Performance Report. The Executive was supportive of the Officer Comment in the report and agreed that the Treasury Management Information should be saved to a central location which would be referenced from the Performance Report, with quarterly changes noted in the Performance Report. It was acknowledged that the Treasury Management Information did not change frequently through the year and therefore should not be reproduced as an appendix.
That the revised structure and content of the Performance and Financial Monitoring Information, as set out in the report, be agreed, with Treasury Management Information to be held in a central location and referenced to the report with quarterly changes noted in the report.
Reason: To align the current performance and financial monitoring (Green Book) data with the Woking For All priorities, key project updates from the Corporate Programme Board, and key risks and budgets aligned around Directorates.