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Item 7 - Finance Report and Benefits (CIV12/4)

Summary:

This report provides the committee with an update on the f/y 2016/17 budget (subject to audit), the timetable for preparing and approving the audited 2016/17 financial statements for the company, and presents the audited financial statements for the LCIV LGPS Authorised Contractual Scheme (the ‘Fund’) for the period to 31 December 2016.

Recommendations:

The Committee is recommended to note:

i. the updated forecast of LCIV to March 2017
ii. the reporting and audit timetable of LCIV for the financial year ending 31st March 2017
iii. the audited financial statements for the LCIV LGPS Authorised Contractual Scheme (the ‘Fund’) for the period to 31 December 2016