Issue - meetings

The committee was advised that the paper outlined the process for looking at the Value for Money assessment and there were no identified concerns and there would be regular reviews.

A member referred to previous discussions about the need for a savings board to oversee issues and asked what the present position was. In response it was explained that when government settlements were known then assessment could be made against the Medium Term Financial Plan and other approaches would also be considered.

A councillor expressed concern at lack of funding for drainage boards and the business rates system. It was suggested that identifying savings could be problematic. It was noted that the finance team were constantly monitoring the situation. The committee noted that money from DEFRA for the food waste collections was still awaited but this was a manageable risk.

A member referred to the identified risks and an assurance was given that plans were in place and would be monitored by internal audit.

RESOLVED that the Value for Money risk assessment, be agreed.