home - committee - volume - faq's - help -search - meeting - previous - next

V28-650 : ANNUAL ACCOUNTS 1999/2000

The Annual Accounts document had been despatched to members as a separate document. The Chief Financial Officer informed the Panel that what was before them now was the start of the process. The document included much pre-defined prepared data, and the role was now to slot the appropriate values in. The Chief Financial Officer drew particular attention to the importance of the Central Revenue Account and the Consolidated Balance Sheet.

The Chairman asked that an informal meeting of the Panel and the Head of Financial Services be arranged to brief members more fully. This was recognised as important to assist members in an important role.

The Vice-Chairman offered congratulations to Waveney Contract Services on the surpluses made. Members were concerned however on the general increase in allowance for bad debt provision, which was up from £12k to £91k. The Chief Financial Officer advised the Panel that this was a recognised problem on which reports were being compiled for presentation.

RESOLVED

That an informal briefing session for the Panel be held, to assist in deciding any matters in respect of the Annual Accounts 1999/2000 that need attention.


Volume 28 Minute 650

powered by Oultwood Web Technology

© Waveney District Council