Issue - meetings

Report number FIN214 by the Director of Finance & Strategic Resources.

                                                                                                      (Enclosure)

(1)         To note that a further report on the final Public Service Agreement (PSA) Round 2 bid by the Chief Executive will be presented to the Cabinet for consideration at the appropriate time;

(2)         That the Cabinet develops the LPSA2 bid and incorporates its impact in budget development for 2005/06 and beyond.

The Director of Finance & Strategic Resources presented his report number FIN214 the purpose of which was to update the Council on progress with the PSA Round 2 bid being co-ordinated by the Lincolnshire County Council.  The report also covered the background to the bid and the next stages of the process.

The Director of Finance & Strategic Resources added that the budgetary proposals coming out of the bid would be incorporated into the impact on the budget round for 2005/06 and beyond.  The targets referred to in the report still stood at 16 across the county.  The authorities were still in negotiations with the sponsoring department, the ODPM, to bring the number of targets down to 12.  Once those targets were finalised a report would be brought to the council on their impact.