Agenda

Members are reminded of their obligation under the Council’s Code of Conduct to disclose any Disclosable Pecuniary Interests and Other Significant Interests in any matter(s) to be considered or being considered at the meeting. These are explained in the Code of Conduct on the Council’s website at Code of conduct for members – Tonbridge and Malling Borough Council (tmbc.gov.uk).

Members in any doubt about such declarations are advised to contact Legal or Democratic Services in advance of the meeting.

To confirm as a correct record the Minutes of the meeting of Audit Committee held on 22 July 2024.

Members to receive a presentation on the Local Authority Property Fund.

This report provides an update on treasury management activity undertaken during the period April to July of the current financial year and incorporates a mid-year review of the Treasury Management and Annual Investment Strategy for 2024/25.

The report provides an update on the risk management process and the Strategic Risk Register.  An update is also provided in respect of the Zurich Risk Management Review which was presented to Members in January 2024.

The report updates Members on the progress in addressing the recommendations made in the 2022/23 Auditor's Annual Report.

The report provides an update on the timetable for audits following receipt of a letter from the new Minister of State for Housing, Communities and Local Government.

The report provides Members with an update on the work of both the Internal Audit function and the Counter Fraud function.

A progress report and update on emerging national issues and developments from the external auditor, Grant Thornton.

Any other items which the Chairman decides are urgent due to special circumstances and of which notice has been given to the Chief Executive.

The Chairman to move that the press and public be excluded from the remainder of the meeting during consideration of any items the publication of which would disclose exempt information.

(Part 2 Reasons: LGA 1972 – Sch 12 A Paragraph 3 – Financial or business affairs of any particular person)

The report provides information as to the nature and volume of liability and property damage insurance claims submitted until 31 August 2024.

Any other items which the Chairman decides are urgent due to special circumstances and of which notice has been given to the Chief Executive.