Issue - meetings

To receive performance information from the Corporate Performance & Improvement Manager for Quarter 1 (2025/2026).

The Group were presented with, and NOTED, a slide showing performance information in the Economy & Assets area.

The Dashboard aimed to give an "at a glance" understanding of how services were performing in terms of performance, finance, and risk. Any measures that were also part of the Corporate Plan were listed in yellow text.

The indicators were presented with their current performance, the annual target, and a RAG rating to indicate whether the Council was on track to meet its targets.

Overall performance was presented in a pie chart and combined the RAG ratings from both the performance and finance measures.

For the measures showing as Amber or Red:

·       Pannier Market occupancy rate (Amber) - was slightly behind target at 82%. This was broken down by the day of the week, occupancy was Tuesday (75%); Friday (85%); Saturday (86%)

·       Pannier Market Income – Projected Outturn (Red). Income was lower than forecasted and had been marked as Red since the variation was greater than 10%.

·       Capital Slippage % of projects (Red) - 2 out of 16 projects had slipped, these were the Building Management System at Phoenix House (currently being scoped) and the Cullompton Relief Road which was now well underway after securing the funding. 

Discussion took place regarding:

·       What steps were being taken to increase the occupancy rate at the Tiverton Pannier Market? It was reported that more recent data showed an improvement in this area. It was hoped that a report could be brought to this Group in the future to help shape a strategy for the Pannier Market moving forwards.

·       Had funding been confirmed for the Cullompton Railway Station, if so, how much and when would it be received? The officer explained that the funding had been confirmed but exactly how much had still not been announced by the Treasury. A figure in the region of £44m for both the Wellington and Cullompton Stations had been mentioned in the past but this had not been confirmed, however the final business case had been supported. Members requested to be informed as soon as more information became available.

·       A request for a detailed Car Parking report to the next meeting including all relevant financial information.