Meeting documents

SCC Audit Committee
Thursday, 2nd February, 2023 2.00 pm

Venue: Luttrell Room - County Hall, Taunton. View directions

Contact: Pam Pursley at Email: ppursley@somerset.gov.uk or 01823 357628  Stephanie Gold at Email: stephanie.gold@somerset.gov.uk or 01823 357628

Items
No. Item

* Public Guidance notes contained in agenda annexe * pdf icon PDF 46 KB

1.

Apologies for absence

To receive members’ apologies

2.

Declarations of Interest

Details of all Members’ interests in District, Town and Parish Councils can be viewed on the Council Website at

County Councillors membership of Town, City, Parish or District Councils and this will be displayed in the meeting room (Where relevant).

 

The Statutory Register of Member’s Interests can be inspected via request to the Democratic Service Team.

 

 

3.

Minutes from the meeting held on 19th January 2023

The Committee is asked to confirm the minutes are accurate.

4.

Public Question Time

The Chair will allow members of the public to present a petition on any matter within the Committee’s remit. Questions or statements about any matter on the agenda for this meeting will be taken at the time when each matter is considered.

5.

Somerset Council Audit committee terms of reference pdf icon PDF 63 KB

The committee is asked to recommend to Somerset County Council that the Audit Committee Terms of Reference set out in Appendix A to this report are approved as the Audit Committee Terms of Reference to be included in the Constitution of Somerset Council from 1 April 2023.

The committee is asked to recommend that the Audit Committee of Somerset Council includes a review of the following matters in the light of the CIPFA Guidance in its 2023-24 workplan:

 

·         The optimum size of the Audit Committee and the use of substitutes

·         Its member training programme

·         Independent members (appointment, training and remuneration)

 

Additional documents:

6.

Treasury Management Strategy Statement 2023/2024 pdf icon PDF 216 KB

The Committee is asked to review the Treasury Management Strategy Statement 2023/2024, whether there are any suggestions or amendments that they would like to recommend to the Executive. 

Additional documents:

7.

Non Treasury Management Investment Strategy 2023/2024 pdf icon PDF 659 KB

The committee is asked to review the 2023/24 Non-Treasury Investment Strategy and to recommend its approval to the Executive and Full Council.

Additional documents:

8.

Capital Strategy for 2023/24 to 2025/26 pdf icon PDF 60 KB

The Committee is asked to review the Capital Strategy for 2023/24 to 2025/26, whether there are any suggestions or amendments that they would like to recommend to the Executive.

 

Additional documents:

9.

Flexible Capital Receipts Strategy 2022/23 and 2023/24 pdf icon PDF 55 KB

The Committee is asked to review the Flexible Capital Receipts Strategy for 2022/23 and2023/24, whether there are any suggestions or amendments that they would like to recommend to the Executive. 

Additional documents:

10.

Minimum Revenue Provision Statement 2023/2024 pdf icon PDF 55 KB

The Committee is asked to review the Minimum Revenue Provision Statement 2023/24, whether there are any suggestions or amendments that they would like to recommend to the Executive. 

Additional documents:

11.

Audit committee work programme pdf icon PDF 25 KB

The committee are asked to consider and comment on the Audit committee work programme.

12.

Any other urgent items of business

The Chair may raise any items of urgent business.