Value For Money Statement 2016 VFM Statement 2017 | Page 26

PERFORMANCE AGAINST TARGETS
We said... we did.
In 2016 Accord set the following commitments and the table below outlines progress made to meet those commitments:
VFM targets 2016
Manage impact of rent reduction c£1.5m for Group for 2016/17
Continued implementation of the strategic stock investment and disposals process
achieving 51 units of existing stock sold in line with business plan expectations
Progress
3
3
Exceed Board approved budget surplus 3
Undertake an improvement programme focussed on the efficiency and overall
responsiveness of the back office function. Efficiencies of £250,000 targeted whilst
ensuring support to front-line operations are maintained 3
Further reduce office/ commercial building costs and other associated overheads by at
least £100,000 in order to invest in ne