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Finance

The Finance Committee meet on the first Tuesday evening of each month, commencing at 6.30 p.m.

The Finance Committee has detailed delegated powers. However if it wished to alter a set budget line, it would require the approval of the full council.

Membership (Eight Members)

Membership - Councillors: 

N A Bennett
O S Forder
Mrs J F Osborne
R A Platt
I C Pointon
J R A Sayers
R M Spivey
R P Smith

The Mayor (ex-officio)

Functions

• To administer Best Value throughout the Council's finances.
• To distribute Grant Aid up to the amount agreed in the estimates for the particular financial year.
• To monitor Income and Expenditure on a monthly basis and ensure that such expenditure is within the terms of the estimates.
• To authorise all payments, (BACS payments and cheques).
• To monitor the awarding of all Contracts.
• To provide guidance and assistance to the Town Clerk/Responsible Finance Officer (RFO) in the preparation of the annual Estimates/Budgets.
• To appoint an internal auditor in accordance with Government legislation.