Issue - meetings

Regional Growth Fund Update

Meeting: 14/04/2015 - Growth, Economic Development and Communities Cabinet Committee (Item 75)

75 Regional Growth Fund Programme and Framework for Monitoring Report pdf icon PDF 204 KB

To receive a report by the Cabinet Member for Economic Development that asks the Members of the Growth, Economic Development and Communities Cabinet Committee to note and agree the framework for future reports

Additional documents:

Minutes:

1.            Ms J Ward introduced the report and responded to comments and questions from Members, as follows:-

 

a)    the report was welcomed as a useful and valuable measure of current progress on delivery and performance. The format of the report provided information on the totality of the funding portfolio, and the level of monitoring returns and values. It also contained the totality of repayments to date against targets; and

 

b)    it was suggested that future reports set  challenging performance targets for each risk indicator. Mr Carter added that the County Council was very stringent in applying ratings and reporting any shortfall in performance but it was equally important to understand the reasons for a monitoring return  being rated as red; it could be simply that no return had been completed for that quarter.

 

2.         RESOLVED that the information set out in the report, and given in response to questions, be noted, and the framework for future reports be agreed.