A report of the Director of Finance informed the Cabinet that the preparation and publication of an Annual Governance Statement (AGS) was necessary to meet the statutory requirement which were set out in the Accounts and Audit Regulations 2003 (amended 2006 and 2011).

The report explained the requirement for the Council to produce the AGS declaring the degree to which it met the Governance Framework.

The Cabinet had considered a draft AGS on 14 April 2011 (Minute No. 373 refers).  The AGS had been revised to provide further information.  The revised statement had been approved by the Audit and Risk Management Committee on 28 September 2011, subject to issues raised by the District Auditor.

RESOLVED:

That the AGS for 2010/11 be agreed.