Decision details

To not proceed with the Business Case for the establishment of a Shared Audit Service, for the matter to be considered at a later date.

For the successful formation of a Shared Audit Service between the three partner Councils.

i.  To approve the Business Case and delegate authority to the Head of Resources to make decisions and to take steps necessary, conducive or incidental to the establishment of a Shared Audit Service in accordance with the Business Case; and

ii.  That a contribution of £10,000 to the initial set-up costs, be met from the Special Earmarked Reserve.

The Shared Audit Service has a minimum saving target of 11% of net revenue budget. For the first year, there will be requirement for the Council to contribute £10k to the initial set-up costs which will be met from the Special Earmarked Reserve.