The Finance Committee performs an important role for the Parish Council by providing management of the Council’s financial interests. The Finance Committee consists of three Councillors David Bucknell, Carol Fowler and Ron Broadley. The Committee operates in accordance with the Parish Council’s Standing Orders and Code of Practice. The Clerk to the Parish Council is designated as the Responsible Officer and provides administrative support for the Finance Committee. Its responsibilities can be summarised in the following categories:
- General financial oversight
- Funding including grant applications
- Financial planning and budgeting
- Financial reporting to Council and the public
- Banking, bookkeeping and record keeping
- Control of fixed assets
The Parish Council’s main source of income is the precept; the Finance Committee advises the main council at what level to set this annual levy and monitors the council’s spending. The precept forms part of every parishioners Council Tax bill. It is the duty of the Finance Committee to advise full council on the monetary amount of the precept necessary to enable the Parish Council to fulfil its commitments. During an annual budgetary review the council aim to retain or increase services with a minimum precept increase. Any increase in the precept is controlled by Government legislation.
The Committee meets quarterly (although extra meetings can be called as and when required).
Annual Return 2015/16