Decision details

Purpose of Report: The Executive report is submitted in response to the Public Interest Report issued by Mazars, the Councils external auditor, on 26 February 2016.

The Public Interest Report by Mazars can be found using the following link: https://www.york.gov.uk/MazarsReport

Executive are asked to consider making a decision to retrospectively authorise additional remuneration to two Directors of CYT Trading Ltd.

At the Decision Session - Leader (incorporating Finance and Performance) on 14 March 2016 it was resolved that this matter be referred to the Executive for consideration. 

Resolved:  That the Executive agree to:

(i)        Note and agree the actions the Council is taking and proposes to take in order to address the Auditor’s recommendations in their report, as set out in paragraph 9 onwards;

(ii)        Refer to Audit & Governance Committee for consideration the changes suggested in paragraph 23 of the report to both the Council Procedures Rules and the Council’s Webcasting Protocol, in the interests of clarity and transparency of approach.

Reason:     In order to address the recommendations highlighted in the Public Interest Report.