MINUTES OF THE
Finance Policy Committee
HELD IN Council Chamber, Civic Centre, Byng Street, Orange
ON 3 March 2022
COMMENCING AT 7.32pm
Cr K Duffy (Chairperson), Cr J Hamling (Mayor), Cr G Power (Deputy Mayor), , Cr D Mallard, Cr M McDonell, Cr J Evans, Cr T Mileto, Cr G Floyd, Cr S Peterson, Cr T Greenhalgh, Cr F Kinghorne, Cr J Whitton
Chief Executive Officer, Director Corporate and Commercial Services, Director Development Services, Director Community, Recreation and Cultural Services, A/Director Technical Services (Gailey), A/Manager Corporate Governance, Administration Officer Governance
APOLOGIES AND LEAVE OF ABSENCE
1.1 DECLARATION OF PECUNIARY INTERESTS, SIGNIFICANT NON-PECUNIARY INTERESTS AND LESS THAN SIGNIFICANT NON-PECUNIARY INTERESTS
TRIM Reference: 2022/158
RESOLVED - 22/040 Cr J Whitton/Cr J Hamling
1. That Council appoint Bill Gillooly and Robert Lagaida as the two independent members of the Audit, Risk and Improvement Committee until September 2024 unless otherwise resolved by Council.
2. That Council adopt the Audit, Risk, and Improvement Committee (ARIC) Charter.
3. That a formal induction on the Committee’s purpose and responsibilities be arranged for Committee members.
4. That Council note the proposed requirements of the new draft OLG Guidelines.
For: Cr K Duffy, Cr J Hamling, Cr G Power, Cr D Mallard, Cr M McDonell, Cr J Evans, Cr T Mileto, Cr G Floyd, Cr S Peterson, Cr T Greenhalgh, Cr F Kinghorne, Cr J Whitton
Cr Peterson asked the question about the two paid members of the Committee receiving $1,000 per meeting and whether the meeting each time was a full day and whether it involved a large amount of preparation
The Chief Executive Officer responded by saying that each meeting comprises at least a half day, plus travel as well as several hours reading in prior preparation
Cr Whitton commented that this Committee is a Statutory Committee
The Chief Executive Officer said that this Committee is extremely helpful and a good defence mechanism for Council
The Director Corporate and Commercial Service added that the time and preparation of the members would be more than a day’s paid work and the expertise they bring to that meeting is invaluable.
The Meeting Closed at 7.36pm.