Decision details
Statement of Accounts 2007/08
Decision Maker: Executive - for meetings from 03/06/00 to 26/04/11
Decision status: Awaiting Implementation
Is Key decision?: No
Is subject to call in?: No
Purpose:
Purpose of report:The Statement of Accounts
records the overall financial position of the council at 31 March
in line with the nationally set Accounting Code of Practice. It is
a requirement on the Council that the draft statement of accounts
are considered and agreed by Council by 30 June.
Members are asked to: approve the draft statement of accounts prior
to full Council on 28 June.
Decisions:
Members received a report which invited them to review and comment upon the Council’s financial accounts for the financial year 2007/08 before submitting them for approval by Full Council on the 30th June.
Audit & Governance Committee had already considered and commented on the accounts. A revised copy of the accounts, with supplementary sheets, setting out the proposed changes had been circulated following Audit & Governance Committee.
Members expressed the view that the Annual Governance Statement should be a separate document from the Statement of Accounts in future.
RECOMMENDED:That the Statement of Accounts be approved by Full Council.1
REASON: Under the current constitution Full Council must approve the Statement of Accounts. It is a statutory requirement that this approval must be made no later than 30th June.
Publication date: 30/06/2008
Date of decision: 30/06/2008
Decided at meeting: 30/06/2008 - Executive - for meetings from 03/06/00 to 26/04/11
Accompanying Documents:
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