Issue - meetings

That the updated Financial Regulations 2019 be approved.

Decision

That the updated Financial Regulations 2019 be approved.

Corporate objectives

Delivering an efficient and modern council.

Deputy Monitoring Officer

Further to section 151 of the Local Government Act 1972, local authorities are required to make arrangements for the proper administration of the Council’s financial affairs.

Deputy S.151 Officer

This is Deputy S151 report and comments are enclosed in the body of the report.

Advice

Cllr Elliot introduced the report confirming that it was the framework for managing the financial affairs.  J Deane advised that some of the supplementary budget authorisations had been changed including the grant income draw down being delegated to the s151 Officer in conjunction with the Corporate Director and Group Manager, also the invoice levels for S Marshall and J Deane will be changed to £20m up to £100k will be authorised by the s151 Officer.

The financial regulations were agreed.