CWC26088 - Asset Valuation for Other Land and Building & Investment Properties

The Council is required to undertake periodic valuations of its land and building assets to support the preparation of the Statement of Accounts and ensure compliance with the CIPFA Code of Practice on Local Authority Accounting and relevant accounting standards. The valuation programme covers a significant portfolio of operational and non-operational assets and provides the fair value and existing use value information required for financial reporting, capital strategy decision-making and asset management purposes...