Decision Maker: Audit, Risk and Governance Committee
Decision status: For Determination
Is Key decision?: No
The county council is required to produce and
approve an Annual Governance Statement which will be included in
its Annual Statement of Accounts for 2023/24. In addition, Full
Council in July 2016 approved a new Code of Corporate Governance
for the county council that reflected new guidance from the
Chartered Institute of Public Finance and Accountancy (CIPFA) and
the Society of Local Authority Chief Executives (Solace). Full
Council also agreed that the Code would be reviewed on an annual
basis.
Paul Bond, Head of Governance presented the draft Annual Governance Statement for 2023/24 and Code of Corporate Governance for 2024/25.
Resolved: That
i) The Annual Governance Statement for 2023/24, as presented, be approved for inclusion in the council's Statement of Accounts for 2023/24;
ii) The Director of Law and Governance be authorised to make any subsequential amendments to the Annual Governance Statement for 2023/24, in consultation with the Chair of the Audit, Risk and Governance Committee;
iii) The signing of the Annual Governance Statement by the Chief Executive and the Leader of the Council, following final approval of the Statement of Accounts, be noted; and
iv) The updated Code of Corporate Governance for 2024/25, as presented, be recommended to Full Council for approval.
Divisions Affected: (All Divisions);
Contact: Paul Bond Email: paul.bond@lancashire.gov.uk Tel: 01772 534676.
Report author: Paul Bond
Date of decision: 22/04/2024
Decided at meeting: 22/04/2024 - Audit, Risk and Governance Committee
Accompanying Documents: