Agenda and decisions

Venue: Rooms 1&2 - County Hall, New Road, Oxford OX1 1ND. View directions

Contact: Colm Ó Caomhánaigh, Tel 07393 001096; E-mail:  colm.ocaomhanaigh@oxfordshire.gov.uk 

Items
No. Item

1.

Apologies for Absence and Temporary Appointments

Decision:

Apologies were received from Councillor Jeannette Matelot (Councillor Mike Fox-Davies substituting).

2.

Declaration of Interests - see guidance note

Decision:

There were no declarations of interest.

 

3.

Minutes pdf icon PDF 226 KB

To approve the minutes of the meeting held on 14 November 2018 and to receive information arising from them.

Decision:

The minutes of the meeting on 14 November 2018 were approved and signed.

4.

Petitions and Public Address

Decision:

Julie Spragg, representing Fossil-Free Oxfordshire, spoke on Agenda Item 6 External Auditors – Oxfordshire Pension Fund Audit Planning Report.

 

5.

Financial Management Action Plan Update pdf icon PDF 154 KB

2.10pm

 

Report from the Director for Finance (REPORT TO FOLLOW).

 

In 2018 the Director of Finance commissioned a review including a consultation with stakeholders on the adequacy and effectiveness of Financial Management across the council. This report summarises the action plan being implemented to address the areas identified as requiring improvement, and an update on progress being made. 

Decision:

Recommendations agreed.

6.

External Auditors pdf icon PDF 952 KB

2.50pm

 

Representatives from the external auditors Ernst & Young will attend to present the following items:

 

·         Oxfordshire County Council Audit Planning Report

·         Oxfordshire Pension Fund Audit Planning Report

 

Additional documents:

Decision:

The reports were noted.

 

7.

Internal Audit Plan Progress Report pdf icon PDF 439 KB

3.10pm

 

Report by the Director for Finance

 

This report presents the Internal Audit progress report for 2018/19.

 

The committee is RECOMMENDED to note the progress with the 18/19 Internal Audit Plan and the outcome of the completed audits.

 

Decision:

Recommendations agreed.

 

8.

Treasury Management Strategy Statement and Annual Investment Strategy for 2019/20 pdf icon PDF 438 KB

3.30pm

 

Report from the Director for Finance (REPORT TO FOLLOW).

 

The report contains the annual Treasury Management Strategy Statement and Annual Investment Strategy for 2019/20 in compliance with the CIPFA Code of Practice. The report sets out the borrowing and investment strategies for 2019/20 and relevant background information.

 

Decision:

Recommendations agreed.

9.

Work Programme pdf icon PDF 136 KB

3.50pm

 

To review the Committee’s Work Programme.

Decision:

It was agreed to move the following items from the March meeting to May 2019 meeting:

 

·         Highways Update

·         Information Governance

·         Oxford Direct Services

·         Audit & Governance Committee Annual Report to Council 2018

 

It was also agreed to start the meeting on 6 March 2019 at the earlier time of 1.30pm.