Finance Committee

Function/Purpose : To advise the Police Authority on all financial matters

Click on the meeting date below to view the agenda and any papers available.
( * indicates agenda and papers currently not available)

Tuesday 5 February 2008
Monday 7 April 2008
Wednesday 18 June 2008
Friday 26 Septmeber 2008*
Tuesday 9 December 2008*

MEMBERSHIP

Councillor A Collett (Chairman)
Councillor J Bryant
Mr G M King JP
Mr M B Knott JP
Mr P Sanders
Mrs J Venables
Councillor S D T Woodward (Vice chairman)

TERMS OF REFERENCE

Function/Purpose : To advise the Police Authority on all financial matters relating to both Hampshire Constabulary and Hampshire Police Authority.

1. To receive reports on, and make recommendations to the Authority on:

medium term and long-term financial plans
budget options, growth and savings reviews
revenue budgets
capital programme
levels of reserves and balances
precept and council tax
budget consultation
value for money reviews
banking and treasury management
prudential borrowing
efficiency strategy
insurance
pension matters
procurement
appointment of internal and external auditors

2. To receive budgetary control reports and other financial statements and ensure effective action taken to remain within cash limits during each financial year.

3. To act as “scheme manager” in accordance with the Internal Dispute Resolution Procedure for the Police Pension Scheme.

4. To receive and consider, on behalf of the Authority, reports on estates matters.

5. To consider any other matters referred by the Police Authority.

Click here to download a copy of our financial regulations, which are intended to clarify the financial responsibilities of members and staff.