FINANCE EXECUTIVE COMMITTEE

The Finance Executive Committee meets four times a year.

Membership 2019/20

Chairman: Cllr. Pauline Glew
Members: Cllr. Roy ChapmanCllr. Peter Anson,  Cllr. Sally Sidgwick and Cllr. Jonathan Vine-Hall (Council Chair).

Meeting Dates 2019

All Meetings start at 6:30pm unless otherwise stated and take place in Committee Room 2 of Sedlescombe Village Hall

15th January

19th March

18th June

24th September

17th December

Finance Committee Agendas

Finance Committee Minutes

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.