Minutes – 20/12/16 – Finance Committee
MINUTES OF A MEETING OF THE DRAYCOTT PARISH COUNCIL FINANCE COMMITTEE HELD ON TUESDAY 20 DECEMBER 2016 AT 9.30AM IN THE PARISH ROOMS, ELVASTON STREET, DRAYCOTT
Present – Councillors B Rogerson (Chairman), M Selwood, M Alexander, D Orchard, A Wilson
Variation of Order of business – none
Declaration of Members Interests – none
Dispensations – Dispensations had been requested and granted to all Councillors in respect of budget and precept making business.
Public Speaking – none
To determine which items should be taken with the public excluded. – no items were deemed confidential
Recommendations for the Parish Council meeting on the 10 January 2017;
a) Revised estimate 2016/17 i) no amendments to current budget ii) that £1000 of the STW compensation reserve be used as ‘matched funding’ in an application to the Angling Trust towards footpath works at St Chad’s Water LNR.
b) Base Budget 2017/18 – that the following additions are included in the Base budget; i) Enhancement of Open Spaces £3000, ii) Remembrance Sunday costs £500
c) That the Parish Council set a Precept of £26,950 for 2017/18 – subject to any reduction in Concurrent Functions funding from EBC. Any reduction over £1982 (amount in reserve) to be funded by an increase in precept. Should the information from EBC not be available at the Parish Council meeting on the 10 January 2017 the Parish Council defer making a decision until the Parish Council meeting on the 14 February 2017 and, in doing so, note that this will result in item 3 of the Parish Council’s Financial Regulations not being adhered to.
d)That the Parish Council set a Concurrent Functions budget of £45,796 for 2017/18
The Chairman thanked the Councillors for attending