The Finance Committee meets three times a year. It comprises ten Members of the Council.
It is responsible for exercising budgetary control of the Council’s estimates throughout each financial year, supervision of the administration and other matters relating to the Council’s accounting records and procedures, including arranging from time to time of an internal audit of the same. Its findings are then reported to the Council with the Committee’s recommendations.
In addition, the Committee has delegated authority to carry out all the powers and duties of the Council relating to the operation of the bar in the Community Centre, including appointment of staff, hours of duty, rates of pay, setting the bar tariff and purchasing of necessary equipment and drinks.