Finance Committee – Monday 17th December 2018, 6.30pm

To:       All Members of Winsford Town Council (for attendance)

Local Press

 

 

MEMBERS OF THE PUBLIC ARE WELCOME TO ATTEND THIS MEETING

 

Dear Councillor

 

You are summoned to attend a meeting of the Finance Committee to be held in the Winsford Town Council Council Chamber, Second Floor, Wyvern House, The Drumber CW7 1AH on Monday 17^th December 2018 at 6.30pm.

 

Yours sincerely

 

Mark Bailey

Town Clerk/Finance Officer

 

NB. A list of attachments can be found underneath the agenda and can be accessed by clicking on the ‘download’ buttons.

 

AGENDA

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 19^th November 2018 (‘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 (to follow)

 

6. BANK ACCOUNT MONTHLY RECONCILIATION STATEMENTS

Financial probity recommends monthly reconciliation of the Town Council’s accounts.  (‘E’ – to follow)

 

7. BUDGET PREPARATION 2019/20 TIMETABLE

Following the Budget Seminar, held on 5^th December 2018, work is ongoing on developing the draft budget for 2019/20.

Notes from the Seminar are attached to this agenda.  (‘F’)

A copy of the draft budget has been circulated to all Members and comments have been requested. This is also attached.  (‘G’)

As per the draft timetable presented to the Finance Committee meeting on 15^th October 2018, Members are asked to approve the following as the agreed timetable for the 2019/20 budget setting process: –

20^th December 2018                        Draft budget formally issued

From 21^st December 2018              Political group discussions on draft budget and public consultation

W/c 1^st January 2019                      Clerk to be notified of amendments to the draft budget from political groups and public feedback. Details of comments will be included with agenda for Finance Committee meeting on 21^st January 2019

W/c 7^th January 2019                      Each political group will be invited to make a budget statement before Finance Committee considers the draft budget for 2019/20 at the Finance Committee meeting on 21^st January 2019

18^th February 2019                          Town Council formally ratifies recommendations from the Finance Committee and approves 2019/20 budget and levies precept

RECOMMENDATION: The Finance Committee is recommended to agree the proposal for the budget preparation timetable as set out above.

 

8. GRANTS SUB-COMMITTEE

To approve or otherwise the minutes of the meeting of the Grants Sub Committee held on 5^th December 2018 (‘H’).

Agenda

Agenda Documents Table

Agenda	Download
Finance Agenda 171218 scanned

Supporting Documents

Supporting Documents Documents Table

Supporting Documents	Download
Attachment A - Finance Committee 17.11.18
Attachment B - Payments since last meeting
Attachment C - Schedule of Payments
Attachment F - Budget Seminar 5.12.18
Attachment G - Draft Budget 2019-20
Attachment H - Grants Sub-Committee 5.12.18
Attachment D - Additional Budget Items
Attachment E - Reconciliation Reports