Terms of Reference
Membership
Any Councillors that wish to attend and the Clerk
Quorum:
Four councillors
Lead Councillor:
None
Meetings:
Usually held in November as part of the budget preparations, and may be held either virtually or in person as agreed by the members.
Governance:
The Working Group:
- has no delegated powers or authorities;
- reports to Full Council;
- will act at all times in accordance with the Council’s Standing Orders, Code of Conduct, Financial Regulations, GDPR & Freedom of Information Act 2000.
Purpose:
To consider and make recommendations to the Parish Council for a budget for the following financial year, based on the following areas, as outlined in the Joint Panel on Accountability & Governance (JPAG) Practitioners Guide updated March 2023:
- decide the form and level of detail of the budget;
- review the current year budget and spending;
- determine the cost of spending plans;
- assess levels of income;
- bring together spending and income plans; and
- provide for contingencies and consider the need for reserves.
Reviewed and approved by the Council on 7th May 2024 under minute reference 014/05/24-25aii)