Agenda item

Report of the Town Clerk.

The Committee considered a report of the Town Clerk on the Annual review of the Finance Committee’s Terms of Reference. The Report proposed no changes to the Committee’s current Terms of Reference.

The Chairman suggested that the Town Clerk should incorporate a brief description of the role and responsibilities of the respective Sub-Committees. The Town Clerk would consult the Chairmen of the Sub-Committee and relevant officers and present the changes to the Court of Common Council to consider in April 2018.

In addition, the Town Clerk distributed an addendum to this item that proposed several changes to the 2018 Finance Committee Sub Calendar. This was an attempt to better align the schedule of Sub-Committee meetings with the Grand Committee. The proposed schedule establishes six separate Committee cycles, with the Subs due to take place (on average) a fortnight before the Grand Committee meets.

RESOVLED- that

     I.        subject to any comments and agreement, the Terms of Reference

of the Finance Committee for submission to the Court, as set out in the

appendix 1 are agreed and;

    II.        the Committee considers the frequency of meetings of the Committee; and

  III.        any changes to the Terms of Reference required in the lead up to

the appointment of Committees be delegated to the Town Clerk, in consultation with the Chairman and Deputy Chairman.