The Committee shall be custodian of the Council financial resources, the committee shall operate in terms of the Delegated and Referred Terms of Reference out listed here:

The committee shall meet at least once a month unless the Minister directs otherwise and shall have powers to decide on the following:

• Regulate the overall financial affairs of the Council and its Committees, in accordance with the operational instructions or by-laws, if any, of the Council.
• Regulate the collection of all income and the expenditure of all monies authorised in the confirmed estimates or supplementary estimates, of the Council by checking the financial statements.
• Check and submit schedule of payments made by or on behalf of our Council; and any committee thereof, at least once every month or as Council may direct, to an ordinary meeting of Council.
• Prepare estimates of income and expenditure for the Council.
• Consolidate estimates of income and expenditure for the Council.
• Ensure that the estimates of expenditure specify all monies to be raised to meet the expenditure concerned and proposed expenditure on and service carried out by any committee.
• Ensure that the estimates of expenditure concerned and proposed expenditure ion and service carried out by any committees.
• Presents the estimates to the Council for approval.
• Ensure that all Council assets are ensured.
• Consideration and recommendation of contracts.
• Examination and recommendation of contracts.
• Considers proposals on increases of contracts.
• Considers proposals on increases of rates, fees, charges, levies and borrowings by Council.

• Considers the financing and viability of joint ventures.
• Subscriptions by council.
• Policies on finances of council.