FC September 2024 DRAFT Minutes

Minutes of the Finance Committee Meeting of Corringham Parish Council, held on Tuesday 10th September 2024 at 7.15 pm at Corringham Primary School Cabin

Present:     Parish Councillors: S Blades (Vice Chairman), M Johnson, M Parr
        Clerk: J Ellis    

7.30pm – Public Forum: No members of the public attended

Item
1.    CHAIRMAN’S WELCOME - Cllr. Semley welcomed all and thanked them for attending.

2.    APOLOGIES FOR ABSENCE – Cllr. Tipping – other commitments

3.    DECLARATIONS OF INTEREST AND DISPENSATION REQUESTS 
Cllr Parr declared an interest in allotments

4.    REVIEW OF THE 2024/25 BUDGET
The spreadsheets were examined and no queries were raised

5.    20255/26 BUDGET PROPOSALS
Outline budget proposals were prepared in advance to show anticipated requirements. A discussion was held as to where any savings could be made and if every service was essential. Amendments to the proposals were made to reduce the increase. 
This left the anticipated spend £1,500 short of the anticipated income. It was agreed to continue to hold monies in reserve for major works. However some of this reserve would be used to make up the £1,500 shortfall n budget requirement for 2025/26 fiscal year.
I was RESOLVED that there would be an increase of 16.6 percent, approximately £1 per month per household.

6.    BANK MANDATE UPDATES
The clerk and councillors were added to the banking

7.    CHURCH CLOCK MAINTAINANCE
It was RESOLVED to approve the quote for clock servicing, initially on an annual basis in order to assess the level of service.

8.    PAYMENT APPROVALS
It was RESOLVED to approve the payment for grass cutting

9.    DATE OF NEXT MEETING – To resolve the note the date of the next Ordinary meeting as 1st October 2024

Meeting closed at 21.00pm