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Financial Services Division - Quarterly Update

Report of the Chamberlain.


Members considered a Report of the Chamberlain concerning a quarterly update for the Financial Services Division.


Officers emphasised that the closure of the 2018/19 accounts presents an opportunity to be more radical in the approach taken, as the Corporation moves to having one external auditor for all funds. One benefit should be that the accounts will go out quicker to Members.  


A Member queried what action was taken in response to the amber rating for Business Rates collection. Officers responded that the target for collection was split on a quarterly basis, and the collection team was “ahead of where we were this time last year”. Officers added that the collection trend was previously part of the Chamberlains Department’s KPIs. This can be incorporated again for future iterations of this Report.


RESOLVED – that the Committee noted the Report  



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