A report of the Strategic Director of Finance and Governance was presented which set out the revised Local Code of Corporate Governance, a copy of which was attached to the submitted report at Appendix 1.
Middlesbrough Council had been on an improvement journey for the past year to strengthen its governance arrangements across a range of issues. This had been extensively documented to Members via briefings and formal reports on delivery of actions within the Council Improvement Plan (CIP). The actions had been taken because the Council was committed to ensuring that it had good governance arrangements in place that supported efficient and effective service delivery that met local needs.
As part of that improvement agenda and commitment to good governance, the Council was committed to regularly reviewing its Local Code of Corporate Governance. The content of the Local Code had been revised to reflect the latest CIPFA Solace guidance 'Delivering Good Governance' (2016). The guidance set out seven principles for good governance, supported by sub-principles and examples of evidence that would demonstrate that an organisation's governance processes, systems and policies were in line with the principles of good governance. The draft Local Code of Corporate Governance outlined how the Council would meet those principles.
In response to a query, it was highlighted that progress in meeting the principles would be assessed by the Annual Governance Statement which would be published alongside the Statement of Accounts later in the year.
Two minor amendments to the report were suggested as follows:
Introduction, paragraph 2 - replace "good governance" with "excellent governance" .
Page 5, Managing risks and performance... - insert "proportionate" to read: Embed proportionate effective risk management within all activities...
AGREED that the Corporate Affairs and Audit Committee endorsed the draft Code of Corporate Governance and its submission to full Council for adoption, subject to the two minor amendments agreed at the meeting.