Major improvements Nottingham City Council has been making to financial governance and management will continue



Having trouble viewing this email? View it as a Web page [ [link removed] ].




Latest news email header





*Nottingham City Council has pledged that the major improvements it has been making to financial governance and management will continue in light of the?Government?s decision to appoint Commissioners [ [link removed] ]?to take over some decision making functions to ensure compliance with the council?s best value duty. *

*These include strategic financial management, governance and strategic decision making and appointment of statutory officers.*

Council Leader, Cllr David Mellen said:

Cllr David Mellen, leader of Nottingham City Council

?The Government?s decision to appoint Commissioners follows our discovery last December that Housing Revenue Account funds had been allocated unlawfully. This was a significant setback but it?s important to understand that we brought the matter to light ourselves as part of our work to tighten up our financial and governance arrangements and have already taken swift and direct action to address the issue, including seeking the necessary ministerial direction to pay the money back into the Housing Revenue Account.

?In light of the improvements we have been making, it?s clearly disappointing that the Housing Revenue Account issue has led to the Government taking the action it has. We understand that it will be a major concern for city residents, council staff, our partners and local businesses but we are committed to working with Commissioners on any further improvements we need to make.

?Our staff do a great job providing vital services to city residents and we will support them to continue to do that in the months and years ahead.?


________________________________________________________________________

Chief Executive, Mel Barrett said:

Mel

?We have been making good progress on our recovery and improvement plan over the last 18 months, working closely with the independent Improvement and Assurance Board appointed by the Government to oversee its implementation.

?We have had a positive relationship with the Board and its chair Sir Tony Redmond. Sir Tony?s appointment as the lead commissioner therefore provides reassurance and continuity. This, and the fact that commissioners have been appointed for two years rather than the normal three, is recognition of the progress we have already made over the last 18 months.?


________________________________________________________________________

The council has agreed a balanced Medium Term Financial Plan covering the next four years, a key requirement of the previous Non Statutory Review, and within that a balanced budget for this year without the need for any other financial support or intervention.

It is also continuing to bring down overall debt levels significantly and taking a strategic approach to disposing of property assets to bring an income to the council.

A review of council-owned companies is continuing and all the recommendations of two independent reports into the Housing Revenue Account issue commissioned by the council are being implemented, including bringing housing management back in-house, to ensure problems are resolved, the money is returned to the HRA and the same mistakes can never happen again.




Twitter [ [link removed] ]Facebook [ [link removed] ]Instagram [ [link removed] ]


www.nottinghamcity.gov.uk [ [link removed] ]
Give feedback
Unsubscribe [ [link removed] ]



NCC logo white





Contact Nottingham City Council

Tel: 0115 915 5555

Council Web: nottinghamcity.gov.uk [ [link removed] ]

Follow us on Facebook [ [link removed] ] | Twitter [ [link removed] ]

You have received this email because you are subscribed to Nottingham City Council?s ?Stay Connected? service for news and information about council services. You can review which emails you receive from us or unsubscribe by editing your subscriptions [ [link removed] ]?- log in with your email address and then make your choice.



?

This email was sent to [email protected] using GovDelivery Communications Cloud on behalf of: Nottingham City Council ? Loxley House, Station Street ? Nottingham. NG2 3NG GovDelivery logo [ [link removed] ]

body .abe-column-block {min-height: 5px;}