Finance structure

The Finance Committee meets on the first Tuesday evening of each month, starting at 6.30pm. This committee will not meet during August and December, unless there is urgent business to discuss. This committee has delegated powers. However, if the committee wanted to change a set budget, it would need to seek approval of the full council. The function of this committee is to;

  • Administer best value throughout the council's finances

  • Distribute grant aid up to the amount agreed in the estimates for the particular financial year

  • Monitor income and expenditure on a monthly basis and ensure such expenditure is within the terms of the estimates

  • Authorise all payments (BACS and cheques)

  • Monitor the awarding of all contracts

  • Provide guidance and assistance to the Town Clerk/Responsible Finance Officer (RFO) in the preparation of the annual estimates and budgets

  • Appoint an internal auditor in line with Government legislation.

Members:

Councillors: Mr N Bennett (Chairman), Mrs J Antill, Mr S Barrett, Mr L Cresswell, Mr O Forder, Mr S Hall, Mr A Osborne and Mr D Williams. 

The Mayor - Ex-officio


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