Decision details

The Committee considered a report on the evaluation of 'property, plant and equipment' in respect of the waste plants owned by the Council.

It was noted that the council had requested valuation advice from an independent financial services company to support a decision on the appropriate treatment of the above assets for the 2015/16 Statement of Accounts.

The External Auditor advised that she was happy with the progress being made in this respect.

It was agreed that a further update report would be presented to the next meeting of the committee on 26 September, 2016.

Members commented that it would be more appropriate to 'note' the conclusions rather than 'agree' the conclusions drawn in the report. It was therefore agreed that the 'Recommendation' in the report, be amended accordingly.

Resolved:   i)  That the report be noted.

  ii) That a further update be presented to the next meeting of the committee on 26 September, 2016.