Meeting: Finance Committee
Meeting Date: Monday 16th June 2025 at 6:30pm
Meeting Venue: Lower Council Chamber, Council Offices
Public seating will be available. The meeting will be broadcast via Zoom to enable remote public viewing and participation and a video stream will also be broadcast to Facebook. To join the meeting via Zoom, visit https://bit.ly/KTC-Meeting or use meeting ID 821 0560 5574 and password KTC-456189.
1 APOLOGIES FOR ABSENCE
To receive apologies for absence.
2 DECLARATIONS OF MEMBERS’ INTERESTS
To receive declarations of personal, prejudicial, and pecuniary interests from members relevant to items under discussion at the meeting.
3 PUBLIC PARTICIPATION
A period of up to 5 minutes for members of the public to ask questions or submit comments.
4 COMMITTEE TERMS OF REFERENCE
To note the committee’s terms of reference.
Attachment – Finance Committee Terms of Reference
5 CONFIRMATION OF PREVIOUS MINUTES
To receive and confirm the minutes of the committee meeting held on 3rd March 2025.
Attachment – Minutes of the meeting held 3rd March 2025.
5 REVIEW OF YEAR-TO-DATE INCOME AND EXPENDITURE
To review the committee’s income and expenditure year to date and the council summary income and expenditure year to date.
Attachments (2) – Finance Committee IE Report 12/06/2025 and Council Summary IE Report 12/06/2025
6 COMMITTEE WORKING GROUPS
To appoint members to working groups reporting to the committee and review the terms of reference of the Internal Audit working group.
Attachments – Report F-25-01 Finance Committee working groups
7 INTERNAL AUDITOR’S REPORT 2024/25
To consider the year-end report of the Internal Auditor for 2024/25.
Attachment – Internal Auditor’s Report 2024/25
8 COMMUNITY INFRASTRUCTURE LEVY MONITORING REPORT
To note the draft CIL Monitoring Report for the financial year ending 31st March 2025.
Attachment – Draft CIL Annual Monitoring Report 2024/25
9 MODEL MULTI-YEAR FUNDING AGREEMENT
To consider approval of a model multi-year funding agreement and procedure
Attachment – Report F-25-02 Model Multi-Year Funding Agreements
10 Corporate Credit Card Limits
To consider increasing the credit limit of the Town Clerk’s corporate credit card.
Attachment – Report F-25-03 Corporate Credit Card Limit
11 BUDGET ENGAGEMENT
To consider engagement activity for the council’s 2026/27 budget.
Attachment – Report F-25-04 Budget Engagement
12 COMMITTEE WORKPLAN
To note the committee workplan for the next twelve months.
Attachment – Finance Committee workplan (June 2025)
13 QUESTIONS TO THE TOWN CLERK
An opportunity for members to raise questions relevant to the work of the committee to the Town Clerk
14 DATE OF THE NEXT MEETING
To note that the next scheduled meeting will be held on 15th September 2025.
15 OUTSTANDING DEBTORS
To resolve to exclude the public and press on the grounds that publicity would be prejudicial to the public interest by reason of the confidential nature of the business to be transacted.
To review the council’s outstanding debtor report.