1. APOLOGIES FOR ABSENCE
   
   Members must provide apologies to the Town Clerk before 5.00pm on the day of the meeting, together with reasons for their absence.
   
   
2. DECLARATIONS OF INTEREST
   
   Members to declare any interest under the following categories: 
   
   Disclosable Pecuniary Interest
   Outside Bodies Interest
   Family, Friend or Close Associate Interest
   
   
3. MINUTES – To sign as a correct record, the Minutes of the meeting of the Finance Committee held on 15^th July 2019             (A)
   
   
4. ARISING – any points of clarification from the above minutes.
   
   
5. ACCOUNTS FOR APPROVAL
   
   Schedule ‘B’ lists payments made since the last meeting
   
   Schedule ‘C’ lists accounts for approval at this meeting
   
   Schedule ‘D’ lists supplementary accounts for approval
   
   
6. BANK ACCOUNT MONTHLY RECONCILIATION STATEMENTS
   
   Financial probity recommends monthly reconciliation of the Town Council’s accounts.                                                                        (E)
   
   
7. INTERNAL/EXTERNAL AUDIT UPDATE
   
   The Town Council’s year end accounts for 2018/19 were audited by the Internal Auditors – JDH Business Services Limited – on 10^th June 2019. An action plan, based on the above report is attached.    (F)
   
   Members will recall that, following approval by the Finance Committee at its meeting on 17^th June 2019, the Annual Governance and Accountability Return (AGAR), together with supporting documents, was sent to the Council’s external auditors (PFK Littlejohn).
   
   Interim feedback from PFK Littlejohn is: –
   
   The AGAR was not accurately completed before submission for review.
   
   Section 2, Box 2, the annual precept, does not agree to the figure published by the precepting authority. The figures in Boxes 2 and 3 should read £410,240 and £75,441 respectively. All grants, including Council Tax Support Grant, should be shown in Box 3, as per the guidance notes on the AGAR.
   
   A final report from the external auditors is awaited and will be presented to Members when it is received by the Town Council.
   
   RECOMMENDATION: 
   Members are asked to note these developments.
   
   
8. BUDGET SETTING – 2020-21
   
   Members are asked to note the contents of the attached report, which sets out proposals for setting the budget for 2020-21.
   
   Members may wish to decide on the process for budget setting based on the contents of the report.                         (G)
   
   
9. GRANTS SUB-COMMITTEE
   
   For Members to consider the attached minutes from the Grants Sub-Committee meeting held on 10^th September 2019. The minutes are attached for ratification.                           (H)

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