Agenda item

To receive and consider the schedule of accounts paid and bank reconciliations from the Responsible Financial Officer (RFO).

The Committee received the report of the Responsible Financial Officer outlining payment schedules, bank statements and bank reconciliations which are brought to the Policy, Governance & Finance committee as part of the Council’s due diligence.

The RFO advised Members there was nothing of note or concern within the documents in response to a query. Every payment over two months was included so it was effectively a statement of fact; all payments were within budget and the report showed the transparency of the Council in relation to its finances.

The Town Clerk/CEO added the Council’s bank mandate was being finalised. Previously, all standing Members of this Committee had been agreed as payment signatories and contact from the Council’s bankers would be taking place soon.

Resolved:

1.      That, the report be noted and,

2.      That, the verbal update from the Town Clerk be noted and,

3.      That, the bank reconciliations and agreed the following schedule of payments be approved: