Issue - meetings

Report of the Director – Finance and Corporate Services

The Director – Finance and Corporate Services presented the Going Concern Assessment for 2023/24 which sets out the Council’s assessment by the Council’s Section 151 officer of the Council’s Going Concern status and the assumption that the Council, its functions and services will continue in operational existence for the foreseeable future.

The Group were asked to note the following main factors which underpin the Going Concern assessment:

·       The Council’s financial position

·       The Council’s projected financial position

·       The Council’s Governance arrangements

·       The regulatory and control environment applicable to the Council as a local authority.

These were considered by the Group and with regards to the Council’s arrangements as highlighted in the report it was concluded that the Council remains a Going Concern.

The Chair referred to the Council’s recent Peer Review which highlighted that the Council should not be afraid of borrowing if required to do so in the future

It was RESOLVED that the Governance Scrutiny Group note the positive outcome of the assessment made of Rushcliffe Borough Council’s status as a Going Concern for the purpose of the Statement of Accounts 2023/24.