NORTH MYMMS PARISH COUNCIL

 

 

Minutes of a MEETING of the FINANCE COMMITTEE held in the Council Office, Annexe to No 1 Bungalow, Bushwood Close, Welham Green on Wednesday, 27 February 2008, commencing at 7.15 pm.

 

PRESENT :             Councillors    W A Storey          

 

C Everard    

                                                  P Hastings   

                                                  R N Horrocks

                                                  K Pieri

                                                                                                   

                              Clerk            Mrs J Schettino

 

 

 

1.       APOLOGIES FOR ABSENCE

There were no apologies for absence.

 

 

2.       MINUTES OF THE LAST MEETING

 

The Minutes of a Meeting of the Finance Committee held on Wednesday, 30 January 2008 were agreed as being a true record of the proceedings and signed by the Chairman.



 3.       MATTERS ARISING

 

a)  Council Expenditure

 

The Clerk said that the British Gas HomeCare 200 Flexi Plan, which had been agreed at the last meeting of the Finance Committee, was not available for tenanted properties, only HomeCare 200 at £17 per month.

 

It was proposed by Councillor Everard and unanimously agreed to proceed with the HomeCare 200 package for bungalow 2 and to apply the same package to Bungalow 1, if possible.

 

b)  Purchase of Land, Little Heath

 

The Clerk confirmed that she had sent a final invoice for the purchase of land at Little Heath to the Potters Bar Congregation of Jehovah’s Witness.

 

Following further discussion regarding the letter from Longmores Solicitors requesting a settlement figure of £2,250 plus VAT and disbursements, it was agreed to recommend to full Council that they comply with this request as the matter had been more prolonged than expected.

 

4.       ACCOUNTS FOR PAYMENT

 

A Schedule of Accounts for Payment totalling £16,895.22 inclusive of Imprest Expenditure of £319.76 was presented.   After careful consideration of each item it was agreed that the total amount be recommended to Council for approval and payment in full.                           

 

5.       STATEMENT OF BALANCES

 

Consideration was given to a Statement of Balances held with the National Westminster Bank plc as at 20 February 2008 and it was noted that income totalling £2,464.76 had been received.

 

6.       TRANSFER OF MONEY


Approval was given to the Clerk’s action in arranging the transfer of £21,000 from the Council’s Capital Reserve Account to Current Account with effect from 21 February 2008.

 

7.       ANY OTHER BUSINESS

 

a)  SCRIBE REPORT

 

It was noted that a Scribe Report had been received from the Internal Auditor showing the Council’s financial position as at the end of January 2008, together with a summary of Income and Expenditure.

 

b)     SECTION 137 LGA

 

It was noted that the new cash limit per elector for 2008/2009 would be £5.86.

c)  CiLCA Registration Fee

 

The SLCC advised that the registration fee for CiLCA will increase from £70 to £150 and the resit fee from £55 to £115 from 1 April 2008.

d)  LOCAL GOVERNMENT PENSION SCHEME

 

The Clerk said that the LGPS Valuation 2007 Report had been received and advised that the percentage of the pensionable payroll payable would increase from 1 April 2008 to 20% for 2008/2009 and 21.6% for 2009/2010 and 2010/2011, from its present 19.3%

 

8.       DATE OF NEXT MEETING

 

A meeting has already been arranged for Wednesday, 26 March 2008 commencing at 7.15 p.m. in the Council Office, Annexe to No 1 Bungalow, Bushwood Close, Welham Green.

 

 

The meeting closed at 7.40 pm.