Agenda, decisions and minutes

There were no declarations of interest.

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 16 November 2022.

The Minutes of the meeting of the Committee held on 16 November 2022 were agreed as a correct record and signed by the Chairman.

To receive communications from the Chairman.

There were no Chairman’s announcements.

There were no items of urgent business.

Report of Monitoring Officer & Assistant Director of Law & Governance

Purpose of report

To consider an update on actions from the Annual Governance Statement (AGS) 2021/2022. 

Recommendations

The meeting is recommended:

1.1       To consider and comment on the update on the actions arising from the Annual Governance Statement 2021/2022.

1.2       To note the formation of the Corporate Oversight & Knowledge Governance Group by the Monitoring Officer.

Resolved

(1)            That, having given due consideration the update on the actions arising from the Annual Governance Statement 2021/2022 be noted

(2)            That the formation of the Corporate Oversight & Knowledge Governance Group by the Monitoring Officer be noted.

The Assistant Director of Law and Governance and Monitoring Officer submitted a report to consider an update on actions from the Annual Governance Statement (AGS) 2020/2021.

In presenting the report, the Assistant Director of Law and Governance and Monitoring Officer advised that point 7 of the Draft Terms of Reference of the Corporate Oversight and Knowledge Governance Group should not include reference to Audit & Governance and should read “To recommend to the Audit & Risk Committee as to any strategy for gaining assurance on risk management and internal control”.

Resolved

(1)          That, having given due consideration the update on the actions arising from the Annual Governance Statement 2021/2022 be noted

(2)          That the formation of the Corporate Oversight & Knowledge Governance Group by the Monitoring Officer be noted.

Report of the Assistant Director of Finance

Purpose of report

The report presents the Internal Audit Progress report for 2022/23

Recommendations

The meeting is recommended:

1.1       To note the progress with the 2022/23 Internal Audit Plan and the outcome of the completed audits.

Resolved

(1)            That the progress with the 2022/23 Internal Audit Plan and the outcome of the completed audits be noted.

The Assistant Director of Finance submitted a report which gave  an update on Internal Audit Progress for 2022/23.

The Chief Internal Auditor provided Members with an update on the implementation of agreed management actions  advising  that the implementation rate  was  80% with a further 15% not yet due. The amount outstanding was  a very small percentage and monitored regularly

Resolved

(1)          That the progress with the 2022/23 Internal Audit Plan and the outcome of the completed audits be noted.

Report of the Assistant Director of Finance

Purpose of report

To submit the draft Capital and Investment Strategy and Treasury Management Strategy for 2023-24.

Recommendations

The meeting is recommended:

1.1           To recommend the draft strategies for 2023-24 to Executive.

Resolved

(1)          That the draft Capital, Investment and Treasury Management Strategies 2023-24 be endorsed and recommended to Executive to recommend to Council for adoption.

The Assistant Director Finance submitted a report which presented the draft Capital and Investment Strategy and Treasury Management Strategy for 2023-24.

Resolved

(1)          That the draft Capital, Investment and Treasury Management Strategies 2023-24 be recommended to Executive to endorse and recommend to Council for adoption

Report of the Assistant Director of Finance (Section 151)

Purpose of report

To receive information on treasury management performance and compliance with treasury management policy for 2022-23 as required by the Treasury Management Code of Practice.

Recommendations

The meeting is recommended:

1.1       To note the contents of this Treasury Management Report.

Resolved

(1)            That the contents of this Treasury Management Report be noted.

The Assistant Director of Finance submitted a report which provided information on treasury management performance and compliance with treasury management policy for 2022-23 as required by the Treasury Management Code of Practice.

Resolved

(1)          That the contents of this Treasury Management Report be noted.

To consider and review the Work Programme.

Resolved

(1)          That the work programme update be noted.

The Assistant Director of Finance advised the Committee of the  work programme items for the 22 March  Meeting.

Resolved

(1)          That the work programme update be noted.