A report setting out the proposed arrangements for financial reporting to the Policy and Resources Committee during 2014-15 was considered. The report also set out some proposals to consider changes to the format, content and timing of financial reports.
Decision
1. Approved the arrangements for financial reporting during 2014-15; and
2. Noted the proposals to review the format and content of the financial reports and authorised the Head of Strategic Finance to investigate these changes further.
(Reference: Report by Head of Strategic Finance dated 25 April 2014, submitted)