MINUTES OF THE FINANCE COMMITTEE MEETING

held on 3 October 2005 at 7.30pm in the Library Room

PRESENT: Cllr Gridley (Chairman)

Cllrs Mrs Gregory, Mrs McKechnie, McPartland and Wilkinson

5 members of the public; Clerk/RFO: Ann Hooton

05/58 ELECTION OF CHAIRMAN

In the absence of the Chairman and Vice Chairman due to ill health, it was proposed by Cllr McPartland and seconded by Cllr Mrs Gregory that Cllr Gridley be elected as chairman for the meeting. This was AGREED.

05/59 APOLOGIES FOR ABSENCE were received from Cllrs Mrs Myers and Mrs Toplis.

05/60 DECLARATIONS OF INTEREST

None were declared.

05/61 MINUTES OF THE FINANCE COMMITTEE MEETING held on 5 September 2005

It was AGREED that the minutes were a true record of the meeting and they were signed by the Chairman. Proposed by Cllr Mrs McKechnie and seconded by Cllr McPartland.

05/62 RESPONSIBLE FINANCE OFFICER'S REPORT

a) Bank Reconciliation; the bank reconciliation is complete to 5 September 2005.

b) Bank Charges: In order to continue with interest free banking, it was AGREED that funds would continue to be invested in the fixed term bond but that it would be changed to a six month term for access purposes.

c) Web Site Management; cheque 5861 includes the management fee for the Parish Council website which requires regular updating to publish minutes and agenda.

d) Precept; the second payment of the precept has been received and it was AGREED that £80,000 be transferred to the Bank of Ireland account.

05/63 RECONCILATION AND CHEQUES FOR PAYMENT
Members considered the list of cheques for payment. It was AGREED that they be signed as listed. It was noted that cheque 5718 had not been cleared. This will be cancelled and another cheque raised.

05/64 CLOSURE OF MEETING

There being no further business, the Chairman closed the meeting at 7.45pm.

Signed:
Date: 7 November 2005

(Chairman)