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Finance Advisory Group
FINANCE ADVISORY GROUP [FAG] Mandate 2012
FAG: Analysis of items of a financial nature in order to provide advice to P&F .1. Advisory Items – To provide P&F with financial assessments against which advice on the budget and charges can be judged.
- a) Monitor Revenue Income and Expenditure.
- b) Prepare and monitor a Capital Income and Expenditure Forecast [CIEF] and note impact on Capital Programme.
- c) Monitor Revenue Accounts of States Departments to identify any financial weakness and bring to attention of BDCC/GSC/P&F.
- d) Assist Treasurer in discussions with T&R on the Budget Process, financial procedures and ongoing review of financial arrangements.
- e) To advise P&F/GSC/BDCC on fees, dues, charges, rents, rates, leases.
- f) To liaise with AGCC Commission with reference to financial effect on CIEF.
- a) To deal with States borrowings authorised by the States for specific purposes.
- b) To be responsible for States insurances.
- c) To be responsible for postage stamp and coin issues and design approvals.
- d) To deal with Grants not exceeding £5,000.
- e) To deal with Hawkers Licences.
