COUNCIL STANDING COMMITTEES AND THEIR FUNCTIONS
Finance
- To draw-up and present for approval of the council estimates of income and expenditure on revenue and capital accounts of the council for the next succeeding financial year,
- To monitor council’s cash flow through its banking account or accounts, including any overdraft facility that council may be operating,
- To consider and approve Council’s Borrowing Powers,
- To consider and recommend increases in service charges, property rates, rents, supplementary charges and miscellaneous charges,
- To ensure that Council maintains effective and efficient financial internal control systems through financial regulations and procedures,
- To consider all recommendations of other committees of Council that have financial implications,
- To monitor and make recommendations for the efficient operations of Council’s trading undertakings and
- To exercise any other function that Council may delegate to it from time to time.