The Committee is appointed by and solely responsible to Funtington Parish Council. It monitors the financial administration of the Parish Council, co-ordinates a detailed budget and recommends to the full Council the annual budget and the annual precept to be levied.
The Parish Council sets an annual Precept – funding collected on the Parish Council’s behalf by Chichester District Council through Council Tax – to support its activities during each financial year which runs from 1 April to 31 March.
The Finance Working Group meets twice a year to make recommendations on the annual Precept which is agreed by the Full Council, usually each January.
A detailed breakdown of how the Precept is formulated is available below, as well as the Council’s financial accounts.