View Finance, Audit and Risk Committee Agenda

Date:
Monday, 12th June, 2017
Time:
7.30pm
Place:
Lower Hall, Icknield Centre, Icknield Way, Letchworth Garden City
 
Contact:
Ian Gourlay
Telephone:
(01462) 474403
 
Membership:
Councillor T.W. Hone(Chairman), Councillor Simon Harwood(Vice-Chairman), Councillor Ian Albert, Councillor John Bishop, Councillor Jim McNally, Councillor Deepak Sangha, Councillor Terry Tyler, Councillor Clare Billing(Substitute), Councillor John Booth(Substitute), Councillor Nicola Harris(Substitute), Councillor S.K. Jarvis(Substitute)
 
 
ItemDescription
PART I
1. APOLOGIES FOR ABSENCE
2. MINUTES

To take as read and approve as a true record the minutes of the meeting of Finance, Audit and Risk Committee held on Wednesday, 22nd March, 2017

3. NOTIFICATION OF OTHER BUSINESS

Members should notify the Chairman of other business that they wish to be discussed at the end of either Part I or Part II business set out in the agenda. They must state the circumstances that they consider justify the business being considered as a matter of urgency.

The Chairman will decide whether the item(s) raised will be considered.

4. CHAIRMAN'S ANNOUNCEMENTS

Members are reminded that any declarations of interest in respect of any business set out in the agenda, should be declared as either a Disclosable Pecuniary interest or Declarable Interest and are required to notify the Chairman of the nature of any interest declared at the commencement of the relevant item on the agenda. Members declaring a Disclosable Pecuniary Interest must withdraw from the meeting for the duration of the item. Members declaring a Declarable Interest which requires they leave the room under Paragraph 7.4 of the Code of Conduct, can speak on the item, but must leave the room before the debate and vote.

5. PUBLIC PARTICIPATION

To receive petitions, comments and questions from members of the public. Any public participation requests received within the agreed time will be notified to Members as soon as practicable.

6. ANNUAL EXTERNAL AUDIT AND CERTIFICATION FEES 2017/18

REPORT FROM ERNST AND YOUNG
To consider the Annual External Audit and Certification Fees 2017/18.

7. EXTERNAL AUDIT UPDATE

REPORT FROM ERNST AND YOUNG
To consider an External Audit Update.

8. INFORMATION NOTE: PLANNING OBLIGATIONS FUNDING (SECTION 106 AND UNILATERAL UNDERTAKINGS)

REPORT OF THE HEAD OF FINANCE, PERFORMANCE AND ASSET MANAGEMENT
To consider an information note on Planning Obligations Funding.

9. THE EFFECTIVENESS OF THE FINANCE, AUDIT AND RISK COMMITTEE 2016/17

REPORT OF THE SHARED INTERNAL AUDIT SERVICES AUDIT MANAGER
To consider the effectiveness of the Finance, Audit and Risk Committee 2016/17.

10. ANNUAL ASSURANCE STATEMENT AND INTERNAL AUDIT REPORT 2016/17

REPORT OF THE SHARED INTERNAL AUDIT SERVICES AUDIT MANAGER
To consider the Annual Assurance Statement and Internal Audit Report 2016/17.

11. SHARED INTERNAL AUDIT SERVICES - UPDATE ON PROGRESS AGAINST THE 2017/18 AUDIT PLAN

REPORT OF THE SHARED INTERNAL AUDIT SERVICES AUDIT MANAGER
To consider an update on the progress of the Shared Internal Audit Services (SIAS) against the 2017/18 Audit Plan.

12. RISK MANAGEMENT UPDATE AND ANNUAL REPORT ON RISK MANAGEMENT 2016/17

REPORT OF THE HEAD OF FINANCE, PERFORMANCE AND ASSET MANAGEMENT
To consider a Risk Management Update and the Annual Report on Risk Management 2016/17.

13. FINANCE, AUDIT AND RISK COMMITTEE ANNUAL REPORT 2016/17

REPORT OF THE COMMITTEE CHAIRMAN
To consider the Finance, Audit and Risk Committee Annual Report 2016/17.

14. DRAFT ANNUAL GOVERNANCE STATEMENT FOR 2016/17

REPORT OF THE SENIOR LAWYER
To consider a the Draft Annual Governance Statement for 2016/17.

15. REVENUE BUDGET OUTTURN 2016/17

REPORT OF THE STRATEGIC DIRECTOR OF FINANCE, POLICY AND GOVERNANCE
To consider the Revenue Budget Outturn 2016/17.

16. CAPITAL PROGRAMME OUTTURN 2016/17

REPORT OF THE STRATEGIC DIRECTOR OF FINANCE, POLICY AND GOVERNANCE
To consider the Capital Programme Outturn 2016/17.

17. ANNUAL TREASURY MANAGEMENT REVIEW 2016/17

REPORT OF THE STRATEGIC DIRECTOR OF FINANCE, POLICY AND GOVERNANCE
To consider the Annual Treasury Management Review 2016/17.

18. MEDIUM TERM FINANCIAL STRATEGY 2018-2023

REPORT OF THE STRATEGIC DIRECTOR OF FINANCE, POLICY AND GOVERNANCE
To consider the key issues in respect of the Medium Term Financial Strategy 2018-2023.

19. INFORMATION NOTE: CAR PARKING INCOME AND EXPENDITURE 2014/15, 2015/6 AND 2016/17

REPORT OF THE HEAD OF FINANCE, PERFORMANCE AND ASSET MANAGEMENT
To consider an Information Note on Car Parking income and expenditure for 2014/15, 2015/16 and 2016/17.

20. NARRATIVE REPORT AND THE STATEMENT OF ACCOUNTS

HEAD OF FINANCE, PERFORMANCE AND ASSET MANAGEMENT
To consider the narrative report relating to the Draft Statement of Accounts 2016/17.

21. FUTURE MEETINGS - POSSIBLE AGENDA ITEMS

Introduced by the Chairman.

The following future meetings of Finance, Audit and Risk Committee have been arranged:

  • Thursday, 21st September 2017
  • Monday, 20th November 2017
  • Monday, 18th December 2017
  • Monday, 22nd January 2018
  • Wednesday, 21st March 2018