Finance Committee

The Finance Committee consists of nine Members. The terms of reference are: 

  1. Develop mid-term financial strategy over the course of the Council to align to the quantitative and qualitative strategy developed by the full Council.
  2. Review monthly Management Information and assess performance of Council assets and financial health.
  3. Review any financial items (expenditure over £25k) that are to be presented to the Council. All proposals to consider cost and benefit implications
  4. Approve the annual recommendations for fees and charges increases to ensure fit into the overall financial plan.
  5. Review of significant transactions incurred in the month.
  6. Annual review of the investment policy for financial assets and effectiveness of any borrowing.
  7. Provide scrutiny of, and support when appropriate, for the completion of the External/Internal Audit.
  8. Review and recommend the annual budget prior to presentation at the Council.
  9. To recommend the fees and charges for the use and letting of Council managed properties.
  10. To consider the Council's staffing structure where it specifically has a significant financial impact.

The members of the Committee are:
Councillor Wilford Augustus
Councillor Alan Bacon
Councillor Joseph Baum
Councillor Simon Booth
Councillor Mohammad Fayyaz
Councillor Umar Hayyat
Councillor Francis Holly

Councillor Chasey Hood
Councillor Fred Wilson

10 May 2023 - Extraordinary Finance Committee

Agenda & Reports

Minutes (to follow)

20 March 2023
Agenda and Reports

Minutes (to follow)

19 December 2022
Agenda and Reports
Minutes

7th November 2022
Agenda and Reports
Minutes

17th October 2022
Agenda and Reports CANCELLED

7th September 2022 - Extraordinary Finance Committee
Agenda and Reports
Minutes

30th August 2022 - Extraordinary Finance Committee
Agenda and Reports
Minutes

18th July 2022
Agenda and Reports
MInutes

11th July 2022
Agenda and Reports

21st March 2022
Agenda and Reports
Minutes

Download the 2021 paper
Download the 2020 papers
Download the 2019 papers
Download the 2018 papers
Download the 2017 papers

Related Documents »

Finance Committee Agenda & Reports (Fin Ag 17.09.18- Cllrs.pdf) Finance Committee Agenda & Reports (Fin Ag 17.09.18- Cllrs.pdf)
The agenda contains: Financial report to July 31st 2018 including income and updated balance sheet and reserves 2018/19.; Capital and other projects requiring Finance Committee approval update; Update on Financial software and Operation consultant.; Liaising and engaging Elgiva and Gym and Swim centre extension business plan consultants; Verbal update on VAT Exemption claim.