The Finance and Personnel Committee is responsible for the proper financial management of the Council and it’s adherence to statutory financial controls. It monitors spending and works with the Parish Clerk to develop spending and funding plans. The Finance and Personnel Committee presents the annual budget to the Parish Council, for the Council’s approval, and recommends the level of the Precept for the full Parish Council to vote on. The Finance and Personnel Committee is also responsible for all aspects of the Council’s policies and strategy relating to any staff and contractors hired by the Council.
The Parish Council operates under agreed Financial Regulations and has an annual 2016-17 Budget which is drafted at the November meeting of the Finance and Personnel Committee and agreed at the November Parish Council meeting. The 2016-17 Budget was approved at the November 2015 Finance and Parish Council meetings (see relevant Minutes below and on the Council’s Minutes page)
The 2016-17 Annual Accounts and Supporting Statement have been audited (May 2017) by an Internal Auditor – Arrow Accounting – and their report for the last financial year is given here: Internal Audit Report – Drayton 2016-17, The 2016-17 Annual Return and Variance Analysis have been submitted for Examination (June 2017) to the External Auditors (BDO), appointed by the government, and their audit report is due in September 2017 will be published here when available . 2016-17 Electors Rights can be exercised from 6th June 2017 to 15th July 2017.
Under the Local Government Transparency Code 2014 parish councils publish their receipts and payments. These are to be found in each month’s Parish Council Minutes and the Council’s cash book summarising these receipts and payments in the year to date is published quarterly here
Details of the Council’s land and Assets can be found here
The Finance and Personnel Committee operates under these Terms of Reference
Agendas and Minutes of Meetings
The Finance and Personnel Committee meets quarterly. The 2016 meeting dates are:
|4th January||Review of Risk Assessment System Assessment/Annual Review of Parish Council’s Assets; Review of Effectiveness of Audit|
|9th May||Annual Return to External Auditor; Insurance cover reviewed; Standing Orders/Direct Debits Reviewed|
|5th September||External Audit Report Received; Risk; Internal Audit report received; Appoint Internal Auditor;|
|Risk Assessment; Project budget and accounting
Draft 2016-17 budget; Review Charges; Recommend precept;