Minutes of the Finance Meeting held on Monday 26 July 1999 at 8:45pm in the Community Centre Present: RT Summerfield (chair) RJ Farrington PK Oldham RLE Waters and the clerk. 1 Apologies for absence JE Coston 360/99 2 Election of chairman AGREED that RTS be elected chairman for 1999/2000. 361/99 3 Minutes of the meeting of 20 April 1999 were confirmed and signed as a true record. 4 Matters Arising 362/99 MCC Rates (170/99) Noted that RTS had reported to May Council meeting (min 225/99) 363/99 5 Bank Reconciliation and Bank Statements Those bank statements available were reconciled by the chairman. (Books were with the auditor). 364/99 6 Debtors There were four debtors at 30/06/99: Customs & Excise - Vat reclaim County Council - agency (both since received) and interest accrued on two accounts as at 31/03/99. The RFO had omitted to accrue these as at 30/06/99. 365/99 7 Review of Budget and Year to Date Actuals The budget was reviewed. 366/99 8 SCDC Best Value Responses to the SCDC questionnaire on best value and aims and objectives for the future were made. Noted that this was the first part of a consultation exercise being conducted by SCDC in response to government directives. 367/99 9 Bills for payment AGREED to pay cheques 1584 to 1596 (to be confirmed at September meeting). PKO abstained. The meeting ended at 9.35pm.