Issue - meetings

To receive an update on the Council’s compliance with CIPFA's Finance Management Code.

The committee considered the report which updated on the status of the council’s compliance with CIPFA’s Financial Management Code. The committee also noted the update provided on progress made against the self-assessment and action plan, previously presented to the committee in September 2024.

The committee noted standard M: “The authority uses an appropriate documented option appraisal methodology to demonstrate the value for money of its decisions” and agreed that more consideration of evidence and financial consequences was needed in officer reports to committee.The committee noted the ongoing work to improve report-writing and agreed that this issue should be feedback to the Governance and Decision-Making Task and Finish Group to ensure that options are appropriately set out for committee members.

RESOLVED (unanimously):

That the Finance Sub Committee

1. Note the update on the action plan in Appendix 3.

2. Note the revised 2024/25 self- assessment position (as at the end of 2024/25) in Appendix 2 – Cheshire East Council’s current level of compliance with the CIPFA Financial Management Code Framework, and

3. Approve the Action Plan as presented in Appendix 3.