Finance & Good Governance

The Finance & Good Governance Committee has a maximum of 7 members. Membership is decided at the Annual Parish Council Meeting each year. The Committee is empowered to:

  • Propose the annual Precept to full Council, having considered any proposals put forward by other committees or Working Parties
  • With the exception of those areas under the remit of the Maintenance Committee; to draft tender documents (following the Policy for Appointment and Management of Contractors and the Financial Regulations) and present to full Council
  • Undertake an annual review of effectiveness of internal controls
  • Consider how to increase the Council’s income, including an annual review of all rents (including, but not limited to, those from the allotments and Little Hands) to be complete by the time of setting the Precept for the next year
  • Investigate alternative funding sources such as grants
  • Keep under review value for money in all areas of the Council’s spend and make recommendations to Council about necessary changes
  • Review according to the schedule those policies and procedures delegated to the committee by the full Council
  • Review according to the schedule the risk register, financial risk assessments and any non-financial risk assessments delegated to it by full Council
  • Review in conjunction with the Clerk the council’s insurance arrangements, ensuring that the property and risks are adequately insured
  • Review the Asset Register annually to ensure it is kept up-to-date
  • Keep the Council’s governance arrangements under review to ensure it continues to follow good practice.

Full Terms of Reference
Current members of Parish Council Committees

Welcome to Melbourn Parish Council