Agenda and minutes

Finance Committee - Tuesday, 19th December, 2023 4.00 pm

Venue: Teignmouth Town Council, Bitton House, Bitton Park Road, Teignmouth, TQ149DF

Contact: Iain Wedlake 

Items
No. Item

100.

Apologies for Absence

To receive, note and where requested, approve the reasons for apologies for absence.

Minutes:

An apology for absence was received from Councillor Chasteau and Councillor Jackman may be late.

 

Resolved that the apology be noted.

 

101.

Declarations of Interest

To declare any disclosable interests relating to the forthcoming items of business (if any).

Minutes:

None were received.

102.

Dispensation

To receive and consider requests for dispensation (if any).

Minutes:

There were no dispensations.

 

(Cllr Jackman joined the meeting)

103.

Minutes pdf icon PDF 77 KB

To approve, sign and adopt the minutes of the Finance meeting held on XXXX.

Minutes:

Members considered the minutes of the Finance meeting held on 24/10/2023.

 

Resolved that the minutes of the Finance meetings held on 24/10/2023 be approved and signed as a correct and accurate record of the meeting.

 

Proposed Cllr Jackman Seconded Cllr Jackson 5 in favor 1 abstention as absent

104.

To Receive the draft budget for 24/25 and Budget Movement & Reserves pdf icon PDF 75 KB

To receive and approve the Budget & Reserves spreadsheet including all the EMR changes therein.

 

To receive the 2024/2025 draft budget and make a recommendation to Full council for January 2024.

Additional documents:

Minutes:

The Clerk presented the required changes to Ear Marked Reserves.

 

The committee resolved to agree these.

 

Proposed Cllr Jackman Seconded Cllr Atkins Unanimous

 

The draft budget which carried a 10% precept increase was presented by the Clerk and questions answered.

There was a significant discussion as to the level of the precept increase required due to the hiatus in the toilets project instigated by Teignbridge District Council.

The committee recommended it be reduced to 8%, the Clerk explained he would make these changes by slipping a toilet block partially into the 25/26 financial year.

 

Proposed Cllr Jackson Seconded Cllr Rudge Unanimous

105.

Dates of 2024 meetings

23/01/2024    16:30

Minutes:

Next meeting 23/01/2024 16:30