Issue - meetings

CIPFA Financial Management Code

Meeting: 20/10/2020 - Audit, Governance and Standards Committee (Item 12)

12 CIPFA Financial Management Code pdf icon PDF 116 KB

Report of the Director of Finance and Commercial (S151 Officer)

Minutes:

The subject of the decision:

 

The Director of Finance and Commercial (s151 Officer) presented a report which informed the Committee of the contents of the Financial Management Code and the actions to be taken by Hambleton District Council to be compliant by 2021/22.

 

Alternative options considered:

 

None.

 

The reason for the decision:

 

Although the Code did not currently have any specific statutory backing, CIPFA reference that compliance with the Financial Management Code should be linked to the (s151) of the Local Government Act 1972.  There was also an obligation upon Members to adhere to the Financial Management Code.

 

The decision:

 

That the report be noted.