How on earth does a council stuff up so badly on financial reporting when:

This is all about Item 9.12 of the current agenda where we find the following unbelievable admission –

On assessing the financial indicators as part of the end-of-year accounts review, officers identified a number of formulaic inconsistencies and errors in the indicators listed in Council’s Strategic Resource Plan compared with the calculations in the LGPRF template.

To ensure consistency with the Local Government Performance Reporting calculations, officers have recalculated the financial indicators and have reproduced these (refer attached). They will be updated in Council’s Strategic Resource Plan.

So readers may judge for themselves the magnitude of these errors, we ask them to compare the ‘original’ SRP (passed and accepted without question by our wide awake councillors) and the current version. Simply click on each image to enlarge. We do apologise for the quality of the images – that of course is dependent on the formats that council chooses to publish its material. Otherwise readers should go directly to the minutes of these council meetings.


Pages from June23-2015-SPECAIL-AgendaAUGUST VERSION

Pages from Agenda_11_August