Auditors have given bosses at Boston Borough Council a clean bill of health for their finances – rating the authority as value for money.
KPMG said the council is coping well with Government cuts – with a programme saving £0.344 million, with £0.411 million savings to come from 2013/14 to 2016/17.
The auditors were impressed by the way the council looks after the books and how it ‘secures, economy, efficiency and effectiveness’.
The auditors considered financial governance, financial planning and financial control processes, plus how the council prioritises resources and is improving efficiency and productivity.
An unqualified opinion on financial statements was issued on September 30, 2013, and no high priority recommendations were raised.
The final fee for the 2012/13 audit was £57,906, below the indicative fee of £65,448 and 40 per cent down on the £96,510 the council had to pay in 2011/12. The saving came from national reductions by the Audit Commission and a fee rebate issued for 2011/12.
Council finance portfolio holder Raymond Singleton-McGuire said: “The council must be run as a business and, more than ever, every penny must now be accountable to protect public services for the benefit of the local taxpayer.
“The auditors have recognised the robustness of the council and its solid footings facing a forward challenging and changing economy.”