Decision details

The Council's Annual Governance Statement 2023/24 and Code of Corporate Governance 2024/25

Decision Maker: Audit, Risk and Governance Committee

Decision status: For Determination

Is Key decision?: No

Purpose:

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.

Decisions:

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: