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 Paul Harding
Councillor Umar Hayyat
Councillor Jane MacBean
Councillor Gareth Williams
Councillor Fred Wilson

Download the 2021 Papers

18th October 2021
Agenda and Reports (PDF, 1 MB)
Minutes (To follow )

26th July 2021
Agenda and Reports (PDF, 2.3 MB)
Minutes (PDF, 71 KB )

29th March 2021
Agenda and Reports (PDF, 95 KB)
Minutes (PDF, 102 KB)

11th January 2021
Agenda and Reports (PDF, 976 KB)
Minutes (PDF, 102 KB)

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.