Stockton-on-Tees Borough Council

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Cabinet Decision: 12th January 2012
Title of Item/Report
Annual Audit Letter
Record of the Decision
Cabinet considered a report that presented the Audit Commission's Annual Audit Letter for 2010/11.

Representatives from the Commission were in attendance to introduce the report and answer any questions.

The Audit Commission had issued an unqualified audit opinion on the Council's financial statements for 2010/11. The Council was putting in place measures to ensure that statements were reviewed internally before being passed for audit.

The Commission had issued an unqualified value for money conclusion stating that it is satisfied that "in all significant respects, Stockton on Tees Borough Council put in place proper arrangements to secure economy, efficiency and effectiveness in its use of resources for the year ending 31 March 2011".

It considers that "overall, the Council had managed the significant financial challenges it had faced well, managing within budget and successfully delivering planned savings and efficiencies" and that "the Council is taking difficult decisions to safeguard its future financial strength and capacity to deliver services".


RESOLVED that the contents of the letter be noted
Reasons for the Decision
The Audit Commission was required to present its findings to the Council's Cabinet.
Alternative Options Considered and Rejected
None
Declared (Cabinet Member) Conflicts of Interest
None
Details of any Dispensations
Not Applicable
Date and Time by which Call In must be executed
Midnight on Friday 20 January 2012
Attachment

Date of Publication: 16 January 2012


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