28 April 2026 - Finance Committee
Notice of a meeting of the Finance Committee
Dear Sir/Madam,
I hereby give you notice that a meeting of the Finance Committee of Ruskington Parish Council will be held on Tuesday 28 April 2026 at 6.30pm at Ruskington Parish Office, 7-9 High Street North, Ruskington, NG34 9DY. Members of the public and press are welcome to attend and may ask questions or make short statements to the Committee at this time.
All members of the Finance Committee are summoned to attend for the purpose of considering and resolving upon the business to be transacted at the meeting, as set out hereunder.
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Signed: K H Locke Clerk to the Parish Council |
K H Locke |
Dated: 22 April 2026 |
Agenda
1. To receive and accept apologies where valid reasons for absence have been given to the Parish Clerk prior to the meeting.
2. To receive declarations of interest and to consider applications for dispensations in relation to DPIs. Disclosure of Pecuniary and Non-Pecuniary Interests is to be in accordance with the Localism Act 2011 and to consider any applications for dispensations in relation to DPIs. The need for Disclosure is to be based upon agenda items or at any suitable time during the Meeting when it becomes apparent to a Member.
3. To approve as a correct record the notes of the last committee meeting held on 6 January 2026.
4. Finances. (Information circulated prior to the meeting.)
4.1. To receive an end of year financial update from the RFO and review the budget.
4.2. To receive the internal auditor’s report and any recommendations made.
4.3. To receive the end of year bank reconciliation from the RFO.
4.4. To review reserves and agree any recommendations for making to Council.
4.5. To review the Red, Amber, Green (RAG) financial score reporting methodology to ensure only the “overspends” are flagged as Red.
4.6. To review the costs of the offices at the rear of the parish office now all units are let and consider a profit and loss account for this activity to enable planning for future budgets.
4.7. To consider/ review the CIL report prior to submitting to NKDC.
4.8. To receive an update on the s106 (Flaxwell Fields development) claim.
4.8.1. To consider correspondence from the Ruskington Bowls Club in relation to a claim for part of the s106 fund and agree any recommendations for making to Council.
4.9. To consider transferring money from the Council’s bank account to the Council’s Dudley Building Society account to receive higher interest rates.
4.10. To consider the requirement for and costs of new garden / outdoor furniture.
5. To review the asset register
6. To review Council’s insurance requirements and make recommendations for Council to consider. (Insurance due for renewal on 1 June 2026.)
7. To review the following policies and documents and agree any recommendations for making to Council at its next meeting. (Annual Meeting of the Parish Council on 12 May 2026)
7.1. Standing Orders
7.2. Financial Regulations
7.3. Risk Management Scheme
7.4. Grants and Donations Policy
7.5. Terms of Reference for the Finance Committee
7.6. Assertion 10 – Data Processing Road Map
8. To confirm the date and time of the next scheduled Finance Cttee meeting as Tuesday 7 July 2026 at 6.30pm. (Quarterly review of finances).
8.1. To consider if a committee meeting or working party meeting is required before 7 July and agree a date/dates, as required.
9. To resolve whether to exclude the public and press, in accordance with the Public Bodies (Admissions to Meetings) Act 1960, to discuss the staffing matters below. Should this resolution be passed, members of the public and press will be required to leave the meeting. The meeting will end, and a further meeting of the Committee will be convened immediately.
10. To consider any costs for increasing staff working hours.
11. To receive /consider an update on an open insurance claim.
End of agenda.