Council’s cash operation is on track

0
Have your say

North Lanarkshire Council’s external auditor has given the thumbs-up to the way the authority runs its finance operation.

Scott-Moncrieff, has submitted an unqualified opinion on the council’s financial statements for year ending 31 March 2015 as part of its Annual Report for the financial year 2014-2015.

The report, presented to the Audit and Governance Panel, states the council’s accounts give a true and fair view of its financial position.

It also highlights the fact that the accounts and supporting information provided by the council were of a high standard.

Overall, the report recognises the council’s success in establishing and continuing to operate sound financial management, internal control and corporate governance arrangements.

The report highlights include - acknowledgement of the council’s £1billion spend providing public services during 2014/ 15.

£113.5million invested in property, plant and equipment.

Around £15million of savings was approved during the year.

Audit and Governance convener Cllr Gary O’Rorke said: “Once again the independent auditor has given the Council a positive report and has commented favourably on the Council’s financial management and governance arrangements.

“The auditors have also stated the council demonstrates continuous improvement in the delivery of services, which in the financially difficult climate is a very real achievement.”

“I would commend council officers and my fellow elected members for their efforts, particularly as the report comes against such a difficult financial background requiring significant savings over the course of the year.”