Meeting documents
Venue: Mezzanine Room 1, County Hall, Aylesbury. View directions
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Note | No. | Item |
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09:00 |
Election of Chairman Additional documents: Minutes: Mr D Watson welcomed the attendees to the meeting and introduced the first item of the agenda; Election of Chairman. Mr Watson proposed Mr D Martin as Chairman. Mr P Martin seconded this proposal. There were no other candidates.
It was resolved that Mr D Martin would be Chairman for the ensuing year.
Mr D Martin took the Chair and thanked the Committee Members.
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Appointment of Vice Chairman Additional documents: Minutes: The Chairman appointed Mr T Butcher to continue in his role as Vice-Chairman for the ensuing year
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Apologies for Absence / Changes in Membership Additional documents: Minutes: Apologies had been received from: · Mr R Bagge · Mrs Patricia Birchley · Mr R Schmidt · Mr T Butcher · Mr D Dhillon · Ms M Gibb
The Chairman welcomed new Member Ms P Birchley.
Members noted that Ms N Glover had stepped down from the Committee. |
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Declarations of Interest To disclose any Personal or Disclosable Pecuniary Interests Additional documents: Minutes: There were none. |
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Minutes of the meeting held on 31 January 2018 to be confirmed as a correct record Additional documents: Minutes: The minutes of the meeting held on 31 January 2018 were agreed as an accurate record and signed by the Chairman. |
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09:05 |
Draft Statement of Accounts PDF 2 MB Draft Statement of Accounts for Buckinghamshire County Council and Pension Fund for the year ended 31 March 2018. Additional documents:
Minutes: The Chairman welcomed Mr R Ambrose, Director of Finance and Procurement.
Mr Ambrose introduced the Draft Statement of accounts during which the following key points were highlighted:
The Chairman thanked Mr Ambrose for his presentation.
Mr L Whitehead presented the main accounts and highlighted the following points:
The Chairman thanked Mr Whitehead for his presentation and invited questions from Members.
The Committee raised and discussed the following points:
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09:35 |
Treasury Management Annual Report 2017/18 PDF 337 KB Additional documents:
Minutes: The Chairman thanked Mr G Williams for his past work and welcomed Mr A Hussain as Deputy Cabinet Member for Resources.
Mr Hussain presented the Treasury Management Annual Report during which the following points were noted:
The Chairman thanked Mr Hussein for his summary and invited questions from Members.
The Committee raised and discussed the following points:
The Chairman thanked the officers and Mr Hussain for their report.
RESOLVED The Committee RECOMMENDED the Treasury Management Annual Report and the Annual Prudential Indicators for 2017-18 to Council.
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10:05 |
Grant Thornton Audit Plan PDF 529 KB Additional documents: Minutes: The Chairman welcomed representatives from Grant Thornton.
Mr Paul Grady explained the Audit Plan which set out the general value for money work, key areas of risk and the work proposed in response to risk.
Page 118 - 112 summarised key challenges for the Council which included Adult Social Care Transformation Plans and the response to the Ofsted rating of Children’s Social Care.
Mr Grady reported that page 123 contained a typographical error: the chart should read £16.5M as opposed to £16.5.
Page 124 was an examination of the Council’s value for money arrangements, ensuring that these would be fit for purpose. This included a review of the Council’s medium to long term ambitions and the assumptions in place to satisfy financial viability, including those built on strategic work.
The Chairman thanked Mr Grady for this overview and invited questions from Members.
The Chairman thanked the representatives from Grant Thornton for ... view the full minutes text for item 8. |
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10.20 |
Grant Thornton Pension Fund Audit Plan PDF 352 KB Additional documents: Minutes: The Chairman welcomed Thomas Slaughter, Grant Thornton who presented the Pension Fund Audit Plan.
The following points were highlighted:
The Chairman sought feedback from Mr Grady on how the Committee could continue to work effectively and collaboratively with Grant Thornton and encourage the active promotion of the values of the audit process. Mr Grady reported that the Committee does achieve this. The Committee had demonstrated a high level of interest in comparison with other Local Authorities and commended Members for their perseverance. Mr Grady believed that the questions asked were relevant and that Members treated the matters raised with the appropriate seriousness.
· In response to a question from the chairman, despite the reduction in fees, the level of service provided will continue. That being said, authorities that performed well would incur lower fees than those who required more concentrated auditing.
The Chairman thanked Grant Thornton on behalf of the Committee and on behalf of the County Council.
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10:35 |
Additional documents: Minutes: There was nothing to add. |
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10:40 |
Exclusion of the Press and Public To resolve to exclude the press and public as the following item is exempt by virtue of Paragraph 3 of Part 1 of Schedule 12a of the Local Government Act 1972 because it contains information relating to the financial or business affairs of any particular person (including the authority holding that information) Additional documents: Minutes: RESOLVED
That the press and public be excluded for the following item which is exempt by virtue of Paragraph 3 of Part 1 of Schedule 12a of the Local Government Act 1972 because it contains information relating to the financial or business affairs of any particular person (including the authority holding that information)
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Confidential Minutes Confidential minutes of the meeting held on 31 January 2018 to be confirmed as a correct record
Minutes: The minutes of the meeting held on 31 January 2018 were agreed as an accurate record and signed by the Chairman. |
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10:45 |
Date and Time of Next Meeting 25 July 2018, Mezz 1 Additional documents: Minutes: 25 July 2018, 09:00, Mezzanine Room 1, County Hall, Aylesbury |