Issue - meetings

Following the Local Government Association (LGA) Finance Peer Review, which took place in March 2021, an action plan was developed. As a result of the Review, Full Council agreed in February 2022 a number of changes to financial decision-making procedures and committee responsibilities. This report is an appraisal of the  implementation of those changes one year on and recommends further changes to the Council’s constitution for the committee’s consideration.

The Committee received a report  providing an appraisal of the  implementation of changes to financial decision-making procedures and committee responsibilities as agreed by Full Council in February 2022. The report recommended further changes to the Council’s constitution for the Committee’s consideration.

Following consideration, the Committee unanimously resolved to:

(1)      Consider the proposed changes to Financial Policy Panel’s responsibilities, as set-out in sections 3 & 4 of the report;

(2)      Recommend that Full Council approve the proposed changes set-out in the report, including the re-naming of Financial Policy Panel to Financial Strategy Advisory Group.