Terms of Reference:
To advise and make recommendations to the Cabinet on the annual budget for Council services, the Capital Programme and the setting of the Council tax.
To monitor expenditure by the Cabinet and other Committees within the framework of the Council's budgetary policy and financial objectives and to keep the Cabinet informed of the Council's overall position.
To receive reports from District Audit (including the Audit Management letter) from time to time received by the Council and to make recommendations thereon to the Cabinet.
To receive reports from the Council's Internal Audit Service from time to time, to consider the work programme of Internal Audit including the views of Overview and Scrutiny Committees and to make recommendations thereon to the Cabinet.
To advise and make recommendations to the Cabinet on risk management and insurance issues.
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