Merseyside Integrated Transport Authority Statement Of Responsibilities For The Statement Of Accounts


Auditors' Report To Members of the Merseyside Integrated Transport Authority (Cont’d)

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Auditors' Report To Members of the Merseyside Integrated Transport Authority (Cont’d)


Conclusion on Arrangements for Securing Economy, Efficiency and Effectiveness in the Use of Resources
Authority’s Responsibilities
The Authority is responsible for putting in place proper arrangements to secure economy, efficiency and effectiveness in its use of resources, to ensure proper stewardship and governance, and to regularly review the adequacy and effectiveness of these arrangements.
Under the Local Government Act 1999, the Authority is required to prepare and publish a best value performance plan summarising the Authority’s assessment of its performance and position in relation to its statutory duty to make arrangements to ensure continuous improvement in the way in which its functions are exercised, having regard to a combination of economy, efficiency and effectiveness.
Auditor’s Responsibilities
I am required by the Audit Commission Act 1998 to be satisfied that proper arrangements have been made by the Authority for securing economy, efficiency and effectiveness in its use of resources. The Code of Audit Practice issued by the Audit Commission requires me to report to you my conclusion in relation to proper arrangements, having regard to relevant criteria specified by the Audit Commission for joint local authorities. I report if significant matters have come to my attention which prevent me from concluding that the Authority has made such proper arrangements. I am not required to consider, nor have I considered, whether all aspects of the Authority’s arrangements for securing economy, efficiency and effectiveness in its use of resources are operating effectively.

I am required by section 7 of the Local Government Act 1999 to carry out an audit of the Authority’s best value performance plan and issue a report:-

(i) certifying that I have done so;

(ii) stating whether I believe that the plan has been prepared and published in accordance with statutory requirements set out in section 6 of the Local Government Act 1999 and statutory guidance; and



(iii) where relevant, making any recommendations under section 7 of the Local Government Act 1999.
Conclusion
I have undertaken my audit in accordance with the Code of Audit Practice and I am satisfied that, having regard to the criteria for joint local authorities specified by the Audit Commission and published in 2005, in all significant respects, the Merseyside Integrated Transport Authority made proper arrangements to secure economy, efficiency and effectiveness in its use of resources for the year ending 31 March 2009.
Best Value Performance Plan
I issued my statutory report on the audit of the Authority’s best value performance plan for the financial year 2008/09. I did not identify any matters to be reported to the Authority and did not make any recommendations on procedures in relation to the plan.
Certificate
I certify that I have completed the audit of the accounts in accordance with the requirements of the Audit Commission Act 1998 and the Code of Audit Practice issued by the Audit Commission.
Signature: Date:
Audit Commission

The Heath Business Technical Park

Runcorn

WA7 4QF

Merseyside Integrated Transport Authority


Explanatory Foreword

1. The Authority's accounts for the year ended 31 March 2009 are set out on pages B20 to B51. They consist of the
(a) Income and Expenditure Account - the Authority's main revenue account covering income and expenditure on all Authority services.
(b) Statement of Movement on the General Fund Balance.
(c) Statement of Total Recognised gains and losses.
(d) Balance Sheet - which sets out the financial position of the Authority on 31 March 2009.
(e) Consolidated Cash Flow statement - which summarises the outflows of cash arising from transactions with third parties for revenue and capital purposes.
(f) Group Accounts are now required by the Code of Practice on Local Authority Accounting in Great Britain. The Code of Practice for 2008/09 requires the Authority to treat the MPTE as if it were a subsidiary company and Group accounts for 2008/09 are embedded in the above accounting statements.
These accounts are supported by the Statement of Accounting Policies and the Annual Governance Statement along with various notes to the accounts.
2. Service Provision
During the year net expenditure of £110m was incurred for the provision of transport services consisting of rail, ferries, tunnels, supported bus services and concessionary travel arrangements for the elderly, disabled and children. With the exception of the Authority’s direct services (the Mersey Tunnels and Servicing of £0.2bn Tunnels and Transport Infrastructure debts), all other transport services are secured through the Merseyside Passenger Transport Executive which is financed by Authority grants.
A simplified revenue outturn summary is given below for both the Authority and the Group position:-

2007/08





2008/09

Actual

MITA

Accounts


Original Estimate

Revised Estimate

Actual


£000

%




£000

£000

£000

%




























Gross Expenditure


































35,107

15

Tunnels


38,676

37,700

37,651

16

21,595

9

Transport Infrastructure

19,171

21,889

22,407

9

179,414

74

MPTE Grant (including Special

190,661

198,362

172,626

73







Rail and Concessionary Travel Grants)













4,092

2

Corporate & Democratic Core

3,763

4,031

3,687

2


240,208

100




252,271

261,982

236,371

100




























Funded by -













43,040

18

Service Income (Tunnel Tolls etc)

40,529

41,068

41,432

18

92,014

38

Direct Grants

101,561

110,862

85,126

36


(703)

-

Use of Reserves

89

(40)

(279)

-

134,351

56

Sub Total

142,179

151,890

126,279

54

105,857


44


Balance to be met by levies upon Merseyside District Councils

110,092


110,092


110,092


46























240,208

100

Total Funding

252,271


261,982

236,371

100























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