Issue - meetings

To consider the report of the Executive Director Corporate Services and Section 151 Officer detailing a draft of the CIPFA Review of Financial Management.

The Committee considered the report of the Executive Director Corporate Services and Section 151 officer detailing the CIPFA Review that had been undertaken and presented to Full Council on 19^th July 2023 as part of the update on the Medium-Term Financial Strategy (MTFS) and The Financial Procedure Rules (FPRs) which were interconnected with the measures taken in response to the CIPFA Review and the Financial Strategy.

The Committee noted that the report referred to the action plan that was to be put in place and questioned when the timeframe for this would be available, it was noted that this was still awaited from CIPFA. The Committee therefore recommended that an additional recommendation be added to the report requesting that an update position on the action plan and identified savings for each Directorate be presented to the next meeting.

RESOLVED:

(i)  That the CIPFA report and further work to finalise the report be noted;

(ii)  That the changes to the Financial Procedure Rules be noted; and

(iii)  That a position update report be presented to the next meeting detailing the action plan and identified savings for each Directorate.