Decision

RESOLVED that:

That the Audit Committee reviews the External Auditor’s Update and Sector Briefing for Cornwall Council as set out at Appendix 1 and make such observations, comments and requests for clarification as may be required.

(SW/MB)

ACTION: Update to be provided on the DSG deficit position, including the outcome of Government consideration of the SEND reform plan and associated funding arrangements. 

ACTION: Members to be advised whether the Pydar site transfer/disposal was considered within audit work and whether value-for-money considerations were reviewed. 

ACTION: Information to be provided for assurance regarding the value transfer of the Pydar site transaction. 

ACTION: Members to be advised of the exact proportion of Cornwall Pension Fund investments classified as Level 3 investments when the pension fund accounts are presented be provided.