Subscribe to updates
You'll receive weekly summaries about City of London Council every week.
If you have any requests or comments please let us know at community@opencouncil.network. We can also provide custom updates on particular topics across councils.
Summary
The Finance Committee met to note and discuss a range of financial updates, including the Quarter 2 financial position, the Treasury Management Mid-Year Review, the Strategic Procurement and Contract Management review, and risk management. No decisions were made at the meeting.
City Fund Revenue Account 2024-25
The committee received a report on the City Fund Revenue Account 2024-25. The report provided an update on the financial position of the City Fund, noting an overspend of £4.3m.
Treasury Management
The committee received an update on Treasury Management. The report reviewed the treasury management activity for the first six months of the 2024-25 financial year.
Risk Management
The committee noted a report providing a summary of the key strategic risks facing the City of London.
Strategic Procurement and Contract Management Review
The Committee received a progress update on the Strategic Procurement and Contract Management Review. The report outlined a series of workshops that are to take place as part of the review, starting in January 2025.
Other Business
The committee noted the Forward Plan for December 2024 and the Finance Committee Action Tracker December 2024.
Attendees
Topics
No topics have been identified for this meeting yet.
Meeting Documents
Agenda
Minutes
Additional Documents