Finance Meeting

When:
December 18, 2018 @ 7:00 pm
2018-12-18T19:00:00+00:00
2018-12-18T19:15:00+00:00
Where:
Sedlescombe Village Hall
Church Hill
Sedlescombe, Battle TN33 0QP
UK
Contact:
Carol Hodgson
075 310 654 69

Chairman – Cllr. Pauline Glew

Councillors: Peter Anson, Roy Chapman,Gareth Matthews and Jonathan Vine-Hall (Council Chair)

TERMS OF REFERENCE

  1. To consider the draft annual estimates of income and expenditure as submitted by the Responsible Financial Officer (RFO).
  2. To recommend draft annual estimates and precept amount to the Council not later than January in each year.
  3. To review the Clerk’s Salary at budget time. Changes to take effect from the following 1 April.
  4. To monitor quarterly statements of income and expenditure against budgets.
  5. To consider and approve normal expenditure in line with the annual estimates including letting of contracts.
  6. To consider and approve banking arrangements as recommended by the RFO.
  7. To monitor loans and investments.
  8. To receive reports of bad debts.
  9. To review fees and charges at the appropriate time.
  10. To decide the general nature of the work to be undertaken or goods supplied.
  11. To consider and accept quotations and tenders in line with the estimates.
  12. To review insurances annually.
  13. To review the financial regulations annually.