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RESPONSIBLE BODY Scrutiny Committee |
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ENQUIRY NAME Use of Council’s Reserves |
REFERENCE NUMBER SC/05/06 |
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OUTLINE OF ENQUIRY To clarify the Council’s
balances and reserves for 2006/07 following the setting of the Council
budget. |
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REASON FOR ENQUIRY To ensure that the balances contained within the Council’s reserves are sufficient following the Council budget for 2006/07 and subsequent years. |
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PROPOSED OUTCOME/S To ensure that the Council’s balances and reserves provide an adequate financial cushion commensurate with known and anticipated financial risks. |
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TERMS OF REFERENCE Council’s Financial Procedure Rules CIPFA Standards of Professional Practice Budget report to Full Council 22 February 2006 Annual Audit and Inspection Letter – Accounts and
Governance What will not be
included Any specific service
revenue budget |
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KEY STAKEHOLDERS Council’s Chief
Financial Officer Cabinet Member for Resources,
Audit, Council Efficiency and Customer Champion |
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RELEVANT AIM HIGH-CORPORATE AND/OR COMMUNITY STRATEGY/IES Aim High: To be a High Performing, Cost Effective Council |
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LEAD MEMBER |
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OFFICER INVOLVEMENT Lead
Link Officer: Overview
and Scrutiny Team: |
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DATE OF INITIATION |
PROPOSED DATE OF COMPLETION |
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