Agenda, decisions and minutes

Members made the following general declarations of interest:

Councillor Ian Corkin, declaration, as a board member of Graven Hill Village Development Company.

There were no petitions or requests to address the meeting.

There were no items of urgent business.

To confirm as a correct record the Minutes of the meeting of the Committee held on 6 December 2015.

The Minutes of the meeting of the Committee held on 6 December 2016 were agreed as a correct records and signed by the Chairman.

To receive communications from the Chairman.

The Chairman advised the Committee that he had no announcements to make at this time but would make an announcement after the last agenda item.

Report of the Chief Finance Officer

Purpose of report

To receive Ernst Young’s verbal progress report summarising their audit work to date.

Recommendation

The meeting is recommended to:

1.1        Note the contents of the 2016/17 progress report

Resolved

(1)       That the contents of the 2016/17 progress report be noted.

The Chief Finance Officer submitted a report which provided members to receive Ernst Young’s verbal progress report summarising their audit work to date.

Resolved

(1)       That the contents of the 2016/17 progress report be noted.

Report of the Chief Finance Officer

Purpose of report

To receive PwC’s progress report summarising their internal audit work to date.

Recommendations

The meeting is recommended:

1.1       To note the contents of the 2016/17 progress report

Resolved

(1)          That the contents of the 2016/17 progress report be noted.

The Chief Finance Officer submitted a report which presented to receive PWC’s progress report summarising their internal audit work to date.

In response to Members’ questions the Chief Finance Officer confirmed that the area of IT and Cyber security, would be discussed at the March meeting as part of the Risk Register report which was already on the work programme and that he would invite the IT Manager to the meeting.

Resolved

(1)          That the contents of the 2016/17 progress report be noted.

* Please note that the appendix to the report will be to follow

Report of the Chief Finance Officer

Purpose of report

To submit the draft Treasury Management Strategy Statement for 2017/18.

Recommendations

The meeting is recommended:

1.1       To note and comment on the draft Treasury Management Strategy 2016/17.

Resolved

(1)          That the contents of the report be noted.

(2)          That, having given due consideration, that the draft Treasury Management Strategy 2017/18 be endorsed.

The Chief Finance Officer submitted a report to provide members information on the Treasury Management Strategy Statement for 2017/18.

Resolved

(1)          That the contents of the report be noted.

(2)          That, having given due consideration, that the draft Treasury Management Strategy 2017/18 be endorsed.

To consider and review the Work Programme.

Resolved

(1)       That the work programme be noted.

The Committee considered its work programme for 2016/17.

Resolved

(1)       That the work programme be noted.

Councillor Kerford-Byrnes advised the Committee that following his appointment to the Executive he was standing down as Chairman of the Accounts, Audit and Risk Committee with immediate effect. A new Chairman would therefore be appointed at the next meeting of the Committee.