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Cabinet (Wirral Council) 10th October 2013 Cllr Phil Davies “we’re not out the woods yet by any means”
Continues from Cabinet (Wirral Council) 10th October 2013 | Minutes silence (Sylvia Hodrien) | Birkenhead Priory Heritage Lottery Grant | Declarations of Interest | Minutes | Annual Governance Statement 2012/2013.
Cllr Phil Davies said, “OK so that takes us on now to item four, the err Statement of Accounts for 2012/13.
Errm, again, errm this err, I think these Statement of Accounts have been to Audit and Risk Management Committee, err err, but the thing that err again I want to draw your attention to is in paragraph 2.10, clearly this is a report that relates to 12/13, the statement of accounts relates to 12/13, err when we had a number of errm pretty err you know big challenges err on errm to you know address. Not least errm a £17 million overspend from the previous administration errm which you know which was a huge challenge and again I think it reflects the distance that we’ve travelled, that we’ve addressed that and later in the financial monitoring report we’re actually reporting an underspend now in the first few months of this year which is err great.
Errm but I think the the the paragraph 2.10, errm Grant Thornton err recognise the progress made by the Council during 12/13 with the direction of travel being rated as amber, errm so I think that’s, err we’re not out of the woods yet by any means, but I think that’s encouraging errm external validation if you like of the progress that we’ve made, so I think that’s very welcome.
So I don’t really want to say much more than that except to say that we’re err being asked to note the Statement of Accounts err and the audit report by Grant Thornton and that errm at 12.2 progress on delivering the actions identified in the audit findings report will be monitored by Audit and Risk Management Committee. So can we agree those recommendations?”
Cllr Phil Davies: “OK, very good thank you.”
Ed – although Cllr Phil Davies refers to a £17 million overspend which he blames on the previous Conservative/Lib Dem administration, this wasn’t an overspend but a projected overspend of £17 million, which after a spending freeze reduced to £4.7 million. The Labour Cabinet in October 2012, after the projected overspend of £17 million was known, agreed to extra spending (beyond what was in the 2012/13 budget) of £700,000.
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