Issue - meetings
Annual Statement of Accounts 2016/17
Meeting: 27/09/2017 - Audit and Governance Committee (Item 15)
15 Annual Statement of Accounts 2016/17 
PDF 170 KB
Report of the Financial Planning Manager
Additional documents:
Minutes:
The Interim Director of Resources presented the report to Members, highlighting the main changes to the accounts as detailed within the report.
In the absence of the Financial Planning Manager, the Interim Director of Resources agreed to supply the following information outside of the meeting:
- The detail behind the ‘Rents – Other’ income within the Housing Revenue Account for Councillor S McKendrick.
- Information regarding the re-evaluation of the Housing Stock in relation to the decent home standard for Councillor J Cotterill.
- A response regarding any adjustments required due to the pensions liability increase for Councillor S Sheahan. Mr T Crawley, External Auditor explained that it was more of an indication as to the position of the authority rather than a liability and was based on bond rates going forward.
Councillor R Ashman thanked officers for the member briefing held recently to look at the Statement of Accounts as he found it very useful and he hoped that the same would be done in the future.
Councillor D Harrison referred to the long term pension liability and raised concerns of how the council would deal with such a large amount of money to pay. The Interim Director of Resources believed that it was a very important topic and agreed to discuss the possibility of another member briefing with the Financial Planning Manager. Mr T Crawley, External Auditor, informed Members that the figure did fluctuate from year to year and although it looked high, it was in line with other authorities.
It was moved by Councillor J Cotterill, seconded by Councillor R Ashman and
RESOVLED THAT:
a) The Annual Statement of Accounts be approved.
b) The Chairman of the Audit and Governance Committee be authorised to sign the accounts as approved.
c) The authority to approve any minor non material amendments to the accounts as agreed by the Auditor, be delegated to the Chairman of the Audit and Governance Committee and the Deputy Section 151 Officer.