FINANCE SUB-COMMITTEE

 

THURSDAY, 4 SEPTEMBER 1997 - 3.00 pm

 

Present:- Councillors O'Rourke, Jackson, Robertson (Y), Mulholland, Sir Simpson Stevenson and Mitchell, Councillor Mulholland, Convener in the Chair.

 

In attendance:- The Chief Executive, the Director of Central Services and the Director of Finance.

 

An apology for absence was intimated on behalf of Councillor Finnie.

 

   977      SUB COMMITTEE:  WORK PLAN 1997/98                                                                                         977

 

SUBMITTED:  Report dated 25 August 1997 by the Director of Finance requesting that the Sub Committee agree to the work plan for 1997/98 outlined in the report.

DECIDED: 

(a)  That the work plan be adopted in principle as follows:-

Issue                                                                                                Timing

Identify/agree areas for value for money studies                                September 1997

Review draft 1996/97 out-turn position and implications for

1997/98 and beyond.                                                                       September 1997

Detailed examination of the service budgets                                      Ongoing

Identify areas to be addressed in 1998/99 budgets.                           September/November 1997

Consider external auditors 1996/97 management letter.                     November 1997/January 1998

Consider draft 1998/99 audit plan.                                                   March 1998;

(b)  and that it be remitted to the Chief Executive and Director of Central Services to report on the most appropriate method of discussion and consultation for Members to achieve the objectives of the Sub-Committee.

 

   978      PROPOSED AREAS FOR VALUE FOR MONEY STUDIES                                                               978

 

SUBMITTED:  Report dated 25 August 1997 by the Director of Finance on the value for money studies planned by the Internal Audit Section for the current year.

DECIDED:  That the proposed programme of value for money studies be approved, that priority be given to an early completion of the departmental vehicle usage study for maximum savings to be achieved and that the opportunity for Members to suggest other areas for examination be noted.

 

   979      HRA REVENUE BUDGET 1997/98 AND HOUSING REPAIRS AND RENEWALS FUND               979

 

The Convener recommended that these items be withdrawn and the Sub-Committee agreed.

 

   980      VERBAL REPORT BY DIRECTOR OF FINANCE ON 1996/97 REVENUE                                       980

OUT-TURN POSITION

 

The Director of Finance referred to the 1996/97 revenue out-turn position and provided a report on the latest position of the draft accounts since 29 April 1997.  Discussion took place with regard to the Strathclyde Regional Council disaggregated budget, the effect of the loss of grant on the Council's budget and future calls upon the Council's limited resources.

NOTED