Independent auditors have again praised Fenland District Council for the excellent way it manages its money.
For the second year running they found that all the proper arrangements were in place to secure “economy, efficiency and effectiveness in the use of resources”, leading them to issue “an unqualified value for money conclusion”.
There were no areas of concern about either the council’s annual governance statement or its systems of internal financial control, they said.
The findings are set out in PricewaterhouseCoopers’ Annual Audit Letter for 2011/12, which was presented to FDC’s Corporate Governance Committee last week [December 4].
The auditors also praised council officers for enabling them to spend less time than they anticipated on reviewing the upgrade of the council’s general accounting system. This had reduced the original estimated fee of £10,000 to less than £1,700.
Cllr Florence Newell, chairman of the Corporate Governance Committee, said: “The whole committee is delighted that the council has again been given a spotless report by the auditors. It shows that we continue to manage our resources in the best way possible and great credit is due to all the officers involved.”
Cllr John Clark, FDC’s portfolio holder responsible for financial management, added: “In these very difficult times, it is vital that we continue to keep a tight rein on all our finances. This report is clear proof that we remain on the right track.”