Agenda item

In response to a question from a Trustee, the Chief Financial Officer advised that the external audit process was underway and that planning for this had commenced in July 2019. 

A Trustee observed that increases in employer contributions related to recent changes to the Teacher Pension Scheme should be reflected in the Trust’s budget planning going forward.  The Chief Financial Officer confirmed that growing pension and salary costs would be factored into all future budget planning processes.  Another Trustee suggested that the financial risk posed by changes to the Teacher Pension Scheme be included in the risk register.

In reviewing the agenda, the Chairman underlined the importance of ensuring that reports were heard in public wherever possible.