The authority has been confirmed as the quickest local government body to close its accounts for 70 years following approval of its audited 2014/15 report.
This is four months quicker than the council managed last year, and follows Steven Mair’s arrival at the authority as city treasurer.
A member of Public Finance’s Top 50, Mair’s time at Oldham saw the authority set records for the speed of its financial reporting.
Westminster’s effort for 2014/15 beat Oldham’s own formal sign-off by just one day.
In a statement, Westminster said that being at the forefront of accounting best practice underscored the authority’s drive for efficiency and quality services.
‘At a time when the council is required to make significant financial savings, improving and streamlining processes is a priority,’ it stated.
