Issue - meetings

For the Committee to receive an update on the review of performance and financial monitoring.

Reporting Person – Adam Walther/Pino Mastromarco

Pino Mastromarco, Corporate Strategy Manager, presented a report on the proposed changes to the Performance and Financial Monitoring Information.  The replacement for the Performance and Financial Monitoring Information, locally known as 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 envisaged that two iterative reports would be produced complementary to the Performance and Financial Monitoring Information before full adoption for the 2023/24 municipal year. 

The Committee discussed the proposal to remove the Treasury Management Information from the Performance Report, as outlined in paragraph 4.17 of the report.  Whilst it was noted that the proposal had been made in recognition that the information was unlikely to change during the year, members supported a suggestion that it should be retained as an appendix to the Performance Report. 

RECOMMENDED TO THE EXECUTIVE 

That the revised structure and content of the Financial and Performance Monitoring Information, as set out in the report, be agreed, subject to the Treasury Management Information being retained as an appendix. 

For the Committee to receive an update on the review of performance and financial monitoring.

Reporting Person – Adam Walther/Pino Mastromarco