Agenda

To receive apologies for inability to attend the meeting (if any).

To approve as a correct record the Minutes of the meeting of this Committee held on 19 November 2024.

To remind Members of the need to record the existence and nature of any personal, disclosable pecuniary or other registrable interests in items on the agenda, in accordance with the Members’ Code of Conduct.

Purpose: To consider the Forward Plan for the next 12 months.

Purpose: This report provides Members with the draft Auditor’s Annual Report and Year-End Report to the Governance Committee, both documents prepared by KPMG following their external review of the Council’s 2023/2024 Draft Statement of Accounts. 

Purpose: To update the Committee on the status of Internal Audit work as at the end of Quarter Two 2024/25.

Purpose: the report presents the Council’s Risk Management Strategy for the future. It is important that the Council has an overarching strategy for how it manages risk; risk can never be eradicated, but it is important that the Council is clear on how it proposes to manage different risks. This report proposes a changed risk management matrix to a ‘5x5’ matrix as well as a new Risk Appetite.

Purpose: This report has been written in accordance with the requirements of the Chartered Institute of Public Finance and Accountancy’s (CIPFA) Code of Practice on Treasury Management (revised 2021). Treasury Management underpins all aspects of financial management within the Council which enables the delivery of the priorities and objectives. One of the primary requirements of the Code is receipt by the full Council of a mid-year review report, measuring performance against the adopted annual Investment & Borrowing Strategy (I&B). This report satisfies the mid-year reporting requirement.

Purpose: To highlight the corporate risks (as at the end of September 2024) that need to be considered and to outline the actions that were being taken to mitigate those risks.

RECOMMENDATION: That members of the press and public be excluded from the meeting during consideration of the following items as it is likely that there would be disclosure of exempt information of the description contained in the paragraphs of Schedule 12A of the Local Government Act 1972 specified in brackets in the heading of each item. Section 10 of Part 10 of the Constitution.

Purpose: To highlight the corporate risks (as at the end of September 2024) that need to be considered and to outline the actions that were being taken to mitigate those risks.