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St Helena : St Helena EXCO REPORT: 8 OCTOBER 2013
Submitted by Saint Helena Herald (Public Relations Information Office) 26.10.2013 (Article Archived on 23.11.2013)

The first item on the open agenda was the information paper on revised fuel prices. The purpose of this item was to provide a background to the recent changes in fuel prices,







EXCO
REPORT: 8 OCTOBER 2013









 Good Afternoon,



 



Executive Council met today,
Tuesday 8 October to discuss a full agenda.



 



The first item on the open agenda
was the information paper on revised fuel prices. The purpose of this item was
to provide a background to the recent changes in fuel prices, including a 5p
customs duty on diesel in line with the agreed policy of eventually making
diesel and petrol the same price. These revised prices were implemented from 17
September 2013.



 



The second item was the Wharfage,
Warehousing and Customs Miscellaneous fees amendment proposal. These fees had
not been reviewed for a number of years. It was agreed that the fees be raised
to reflect the increased costs of providing wharf operations and customs
services. This increase will come into effect on 1 November 2013. ExCo did not
agree that fees should rise automatically by the rate of inflation but that a
recommendation will be presented for approval by ExCo.



 



Next on the open agenda was the
SHG Financial Statements for 2011-12. This was the first year of accruals
accounting and financial statements. 2012-2013 financial statements will be
published within the next financial year. This is the first time that the
Financial Statements had come before ExCo before being laid on the table at
Formal Legislative Council. The Chief Auditor and Finance Officials were in
attendance to explain these documents. The Financial Secretary stated that
these statements are the most important government financial documents to be
published and show a commitment to open and transparent financial reporting. It
was therefore disappointing that there were not any members of the public or
the media present to witness this. ExCo noted the request of the Chief Auditor
in his Management Letter on the audit of the 2011/12 Financial Statements and
also noted the Financial Secretary’s explanation for the misstatements.



 



The Financial Statement and the
Auditors Management Letter will now become public records and uploaded onto the
SHG website.



In the closed session there was a
long discussion about the Sainsbury Report and the introduction of a Minimum
Income Standard for the setting and uprating of Income Related Benefits and
Basic Island Pension. All elected members had been involved previously in
discussing this very important issue. ExCo were supportive of a raise in the
benefits but recognises that further work is required to determine the full
financial implications.



 



As has been previously stated ExCo
will operate on a presumption of openness. What had not been determined was the
process by which the agenda items are classed as open or closed. It was agreed
that all members of ExCo would have an input into the decision making procedure
and that the Governor as the Chairman of ExCo would take advice but make the
final decision.



 



On 3 September ExCo did not
approve the RMS slow steaming proposal. This decision was referred back to DfID
who agreed to the views of ExCo and approved that the slow steaming proposal
should be declined.



 



This was the longest meeting of
ExCo so far, finishing at 12.30pm.



Thank you for listening.



ExCo



8 October 2013



 



 

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