Venue: Bodicote House, Bodicote, Banbury, OX15 4AA
Contact: Aaron Hetherington, Democratic and Elections Email: aaron.hetherington@cherwellandsouthnorthants.gov.uk, 01295 227956
No. | Item |
---|---|
Declarations of Interest Members are asked to declare any interest and the nature of that interest which they may have in any of the items under consideration at this meeting. Minutes: There were no declarations of interest. |
|
Petitions and Requests to Address the Meeting The Chairman to report on any requests to submit petitions or to address the meeting. Minutes: There were no petitions or requests to address the meeting. |
|
To confirm as a correct record the Minutes of the meeting of the Committee held on 25 July 2018. Minutes: The Minutes of the meeting of the Committee held on 25 July 2018 were agreed as a correct record and signed by the Chairman. |
|
Chairman's Announcements To receive communications from the Chairman. Minutes: There were no Chairman’s announcements. |
|
Review by Those Charged with Governance PDF 120 KB Report of the Executive Director, Finance & Governance
Purpose of report
To set out the response to Ernst & Young (EY) regarding the review of management assurance.
Recommendations
The committee is recommended to:
1.1 Agree that the Chairman of the Accounts, Audit and Risk Committee sign the response relating to management assurances from Those Charged with Governance at Appendix 1, following approval given at the Committee on 30 May 2018.
Additional documents:
Decision: Resolved
(1) That, following approval given at the Committee on 30 May 2018 it be agreed that the Chairman of the Accounts, Audit and Risk Committee sign the response relating to management assurances from Those Charged with Governance (annex to the Minutes as set out in the Minute Book). Minutes: The Executive Director, Finance & Governance submitted a report which set out the External Audit Opinion for 2017/18.
Resolved
(1) That, following approval given at the Committee on 30 May 2018 it be agreed that the Chairman of the Accounts, Audit and Risk Committee sign the response relating to management assurances from Those Charged with Governance (annex to the Minutes as set out in the Minute Book). |
|
External Audit - Annual Audit Opinion 2017/18 PDF 212 KB ** Please note that the appendix to this report will follow as it is being reviewed and finalised **
Report of the Executive Director, Finance & Governance
Purpose of report
To receive a report setting out the External Audit Opinion for 2017/18.
Recommendations
The meeting is recommended to:
1.1 Note the contents of the External Audit Opinion (ISA260) for 2017/18 from our External Auditors, Ernst & Young (EY).
Additional documents: Decision: Resolved
(1) That the contents of the External Audit Opinion (ISA260) for 2017/18 from the External Auditor, Ernst & Young (EY) be noted. Minutes: The Executive Director, Finance & Governance submitted a report which presented the External Audit Opinion for 2017/18.
In introducing the report, the External Auditor expressed their appreciation to the closedown team for their hard work during the process. The Committee added their appreciation to the closedown team.
Resolved
(1) That the contents of the External Audit Opinion (ISA260) for 2017/18 from the External Auditor, Ernst & Young (EY) be noted. |
|
Statement of Accounts, Annual Governance Statement 2017/18 and Letter of Representation PDF 124 KB ** Please note that the appendices to this report will follow as they are being reviewed and finalised **
Report of the Executive Director, Finance & Governance
Purpose of report
For members to consider the following: The Statement of Accounts 2017/18; Annual Governance Statement 2017/18; and, the Letter of Representation 2017/18.
Recommendations
The committee is recommended to:
1.1 Approve the Statement of Accounts 2017/18.
1.2 Endorse the Annual Governance Statement 2017/18.
1.3 Approve the Letter of Representation 2017/18.
Additional documents:
Decision: Resolved
(1) That the Statement of Accounts 2017/18 be approved. (2) That the Annual Governance Statement 2017/18 be endorsed. (3) That the Letter of Representation 2017/18 be approved.
Minutes: The Executive Director, Finance & Governance submitted a report for members to consider the Statement of Accounts 2017/18, the Annual Governance Statement 2017/18, and the Letter of Representation 2017/18.
Resolved
(1) That the Statement of Accounts 2017/18 be approved.
(2) That the Annual Governance Statement 2017/18 be endorsed.
(3) That the Letter of Representation 2017/18 be approved.
|
|
Monthly Performance, Risk and Finance Monitoring Report - July 2018 PDF 903 KB Report of Assistant Director: Performance and Transformation and Assistant Director: Finance and Governance
Purpose of report
This report summarises the Council’s Performance, Risk and Finance monitoring position as at the end of each month.
Recommendations
The meeting is recommended:
1.1 To note the monthly Performance, Risk and Finance Monitoring Report.
1.2 To review the Leadership Risk Register and identify any issues for further consideration.
Additional documents:
Decision: Resolved
(1) That the monthly Performance, Risk and Finance Monitoring Report be noted.
(2) That having given due consideration, the Leadership Risk Register be noted and no issues be identified for further consideration.
Minutes: The Assistant Director: Performance and Transformation and Assistant Director: Finance and Governance submitted a report which summarised Council’s Performance, Risk and Finance monitoring position as at the end of each month.
Resolved
(1) That the monthly Performance, Risk and Finance Monitoring Report be noted.
(2) That having given due consideration, the Leadership Risk Register be noted and no issues be identified for further consideration.
|
|
Treasury Management Report - July 2018 PDF 407 KB Report of the Executive Director – Finance and Governance
Purpose of report
To receive information on treasury management performance and compliance with treasury management policy for 2018/19 as required by the Treasury Management Code of Practice.
Recommendations
The meeting is recommended to:
1.1 Note the contents of the July 2018 Treasury Management Report.
Decision: Resolved
(1) That the contents of the July 2018 Treasury Management Report be noted. Minutes: The Executive Director of Finance and Governance (Interim) submitted a report which presented information on treasury management performance and compliance with treasury management policy for 2018/19 as required by the Treasury Management Code of Practice.
Resolved
(1) That the contents of the July 2018 Treasury Management Report be noted. |
|
2018/19 Work Programme PDF 225 KB Report of the Executive Director – Finance and Governance
Purpose of report
This report sets out the update work programme for 2018/19.
Recommendations
The meeting is recommended:
1.1 To review the work programme.
1.2 Approve the updated work programme for 2018/19.
Decision: Resolved
(1) That the work programme be reviewed.
(2) That the updated work programme for 2018/19 be approved. Minutes: The Assistant Director: Finance and Procurement advised that it was anticipated that there would be training on treasury management prior to the November meeting of the Committee.
Resolved
(1) That the work programme be reviewed.
(2) That the updated work programme for 2018/19 be approved. |
|
Urgent Business The Chairman to advise whether they have agreed to any item of urgent business being admitted to the agenda.
Minutes: There were no items of urgent business. |
|
Exclusion of Press and Public The following item contains exempt information as defined in the following paragraph of Part 1, Schedule 12A of Local Government Act 1972.
3– Information relating to the financial or business affairs of any particular person (including the authority holding that information).
Members are reminded that whilst the following item has been marked as exempt, it is for the meeting to decide whether or not to consider it in private or in public. In making the decision, members should balance the interests of individuals or the Council itself in having access to the information. In considering their discretion members should also be mindful of the advice of Council Officers.
Should Members decide not to make a decision in public, they are recommended to resolve as follows:
“That under Section 100A of the Local Government Act 1972, the public and press be excluded from the meeting for the following item of business on the grounds that, if the public and press were present, it would be likely that exempt information falling under the provisions of Schedule 12A, Part I, Paragraph 3 would be disclosed to them, and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.”
Minutes: Resolved
That under Section 100A of the Local Government Act 1972, the public and press be excluded from the meeting for the following item of business on the grounds that, if the public and press were present, it would be likely that exempt information falling under the provisions of Schedule 12A, Part I, Paragraph 3 would be disclosed to them, and that in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information.
|
|
Treasury Management Report - July 2018 - Exempt Appendix Decision: Resolved
(1) That the exempt appendices be noted. Minutes: Resolved
(1) That the exempt appendix be noted. |