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Audit and Risk Committee - Tuesday, 27th January, 2026 7.00 pm

January 27, 2026 at 7:00 pm View on council website Watch video of meeting

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Summary

The Audit and Risk Committee of Islington Council was scheduled to consider a range of financial and governance reports. Key items included the interim internal audit report, the council tax base, draft budget proposals, and annual governance statements.

Draft Budget Report

A significant portion of the meeting was scheduled to be dedicated to the draft budget report for 2026-27, following the council's settlement. This report, which spans over 150 pages, would have been presented alongside the Medium Term Financial Strategy for 2026-27 to 2030-31. The agenda indicated that the committee would review new general fund savings proposals, previously agreed savings, and general fund management actions for the upcoming financial years.

Internal Audit and Governance

The committee was set to receive the 2025-26 Internal Audit Interim Report, which included appendices detailing findings and recommendations. Alongside this, the Annual Governance Statement Mid-Year Review was scheduled for discussion, providing an update on the council's governance arrangements.

Financial Reviews and Reports

Several reports concerning the council's financial standing and management were on the agenda. These included the Council Tax Base Report and CF Forecast for 2026-27, which would have detailed the projected tax base for the borough and specific areas like Lloyd Square1. A Treasury Management Mid-Year Review was also planned, alongside the Year End Report for the Council and Pension Fund for 2024-25. The Auditors' Annual Report for 2024-25 was also listed for consideration.

Polling Places Review

The committee was scheduled to review the Arsenal Polling District and Polling Places. This would have involved an examination of the existing arrangements within the Arsenal ward to ensure they meet legal requirements and are accessible for voters.


  1. Lloyd Square is an area within Islington. 

Attendees

Profile image for Councillor Paul Convery
Councillor Paul Convery Chair of the Audit and Risk Committee and the Pensions Committee • Labour Party • Caledonian
Profile image for Councillor Nurullah Turan
Councillor Nurullah Turan Labour Party • Laycock
Profile image for Councillor Janet Burgess MBE
Councillor Janet Burgess MBE Carers Champion • Labour Party • Junction
Profile image for Councillor Caroline Russell
Councillor Caroline Russell Business Manager, Independent and Green Group • Green Party • Highbury
Profile image for Councillor Satnam Gill OBE
Councillor Satnam Gill OBE Labour Party • Tufnell Park

Topics

No topics have been identified for this meeting yet.

Meeting Documents

Agenda

Agenda frontsheet 27th-Jan-2026 19.00 Audit and Risk Committee.pdf

Reports Pack

Public reports pack 27th-Jan-2026 19.00 Audit and Risk Committee.pdf

Additional Documents

Minutes.pdf
Appendix B2 - Previously Agreed General Fund Savings 2026-27 to 2030-31.pdf
Internal Audit 2025-26 Interim Report - ARC 270126.pdf
Internal Audit 2025-26 Interim Report Appendix 1 - ARC 270126.pdf
Internal Audit 2025-26 Interim Report Appendix 3 - ARC 270126.pdf
MYR AGS report 27 Jan 26 ARC jc 12.12.25.pdf
Committee report Treasury Mid Year 2025 New template.pdf
2024-25 Audited SoA - Council Pension Fund 07.01.26.pdf
Appendix 3 - ISA260 - Pension Fund.pdf
Appendix 1 - Draft audited 202425 Statement of Accounts.pdf
Appendix 4 - Representation Letter DRAFT ILB.pdf
Appendix 6 - Audited 2024-25 AGS.pdf
Appendix 1 - ILB 24.25 AAR Draft 190126.pdf
2024-25 Audited SoA - Annual rep 07.01.26.pdf
Committee Report Jan 2026 Arsenal Ward FINAL.pdf
Audit Committee Response Tracker - Jan 2025.pdf
Appendix A - Islington Whole Area Taxbase 2026-27.pdf
Internal Audit 2025-26 Interim Report Appendix 2 - ARC 270126.pdf
Council Taxbase 2026-27.pdf
Covering Report - Budget Report 2026-27 - ARC 27.1.26.pdf
Appendix B - Lloyd Square Taxbase 2026-27.pdf
Draft Budget Report - Executive 22.1.26.pdf
Appendix 2 - ISA260 - Islington Council.pdf
Appendix 5 - Representation Letter DRAFT ILB PF.pdf
Appendix A - Medium Term Financial Strategy 2026-27 to 2030-31.pdf
Appendix B1 - New General Fund Savings Proposals 2026-27 to 2030-31.pdf
Appendix B3 - General Fund Management Actions 2026-27 to 2030-31.pdf
Draft Audit Committee Work Plan 2025-26 5.pdf