Agenda item

Report of the Chamberlain.

The Committee received a report of the Chamberlain which set out the steps being taken to achieve faster closure, to meet the new statutory deadlines, for the City Fund and Pension Fund accounts. The report also provided an overview of the main changes to the local authority accounting framework for 2016/17 and outlined the anticipated impact of a change to the accounting treatment of local authority highways networks, due to be implemented in 2017/18.

RESOLVED – That the Committee notes the report.