Issue - meetings

VFM Task Group update

Meeting: 24/03/2022 - Audit Committee (Item 12)

VFM Task Group update

To receive an update on progress made by the Value For Money Task Group.

 

Minutes:

The Chief Finance Officer advised that the Knowle Green Estates had received an unqualified audit for the 2020/21 accounts as had Spelthorne Direct Services.

 

The KPMG Value for Money Opinion had still not been settled; discussions were continuing and of a confidential nature so only limited information could be divulged.   KPMG had given an indication of the conclusions they were minded to make and the Council had responded through the VFM Task Group.  A further response from KPMG was awaited advising to what extent those comments had been considered and how they intended to bring the matter to resolution.   

 

Resolved to note the update.