Finance Committee – Monday 17th December 2018, 6.30pm
To: All Members of Winsford Town Council (for attendance)
MEMBERS OF THE PUBLIC ARE WELCOME TO ATTEND THIS MEETING
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 17th December 2018 at 6.30pm.
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.
- 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.
- DECLARATIONS OF INTEREST
Members to declare any interest under the following categories:
- Disclosable Pecuniary Interest
- Outside Bodies Interest
- Family, Friend or Close Associate Interest
- MINUTES – To sign as a correct record, the Minutes of the meeting of the Finance Committee held on 19th November 2018 (‘A’)
- ARISING – any points of clarification from the above minutes.
- 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)
- BANK ACCOUNT MONTHLY RECONCILIATION STATEMENTS
Financial probity recommends monthly reconciliation of the Town Council’s accounts. (‘E’ – to follow)
- BUDGET PREPARATION 2019/20 TIMETABLE
Following the Budget Seminar, held on 5th 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 15th October 2018, Members are asked to approve the following as the agreed timetable for the 2019/20 budget setting process: –
20th December 2018 Draft budget formally issued
From 21st December 2018 Political group discussions on draft budget and public consultation
W/c 1st 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 21st January 2019
W/c 7th 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 21st January 2019
18th 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.
- GRANTS SUB-COMMITTEE
To approve or otherwise the minutes of the meeting of the Grants Sub Committee held on 5th December 2018 (‘H’).
|Attachment A - Finance Committee 17.11.18||Download|
|Attachment B - Payments since last meeting||Download|
|Attachment C - Schedule of Payments||Download|
|Attachment F - Budget Seminar 5.12.18||Download|
|Attachment G - Draft Budget 2019-20||Download|
|Attachment H - Grants Sub-Committee 5.12.18||Download|
|Attachment D - Additional Budget Items||Download|
|Attachment E - Reconciliation Reports||Download|
17th December 2018