Issue - meetings

FINANCIAL REGULATIONS REVIEW

Meeting: 15/02/2022 - Council (Item 44)

44 Financial Regulations Review pdf icon PDF 337 KB

Following the Local Government Association (LGA) Finance Peer Review, this report presents a review of the Council’s financial decision-making procedures and recommends changes to the Financial Regulations for the Committee’s consideration. The report also provides an update on the LGA Peer Review Action Plan.

Additional documents:

Minutes:

Council received a report presenting a review of the Council’s financial decision-making procedures and recommending changes to the Financial Regulations.

Councillor Colin Keane MOVED the recommendations in the report.

Upon being put the recommendations were CARRIED unanimously.

Accordingly, it was resolved to:

(1)      Agree with Strategy and Resources Committee’s recommendation to approve the proposed changes to Financial Policy Panel’s responsibilities and to the Financial Regulations as set-out in the report, with effect from 1 April 2022.