18 August 2026 – Agenda

SUMMONS TO ATTEND A MEETING

TO: All Members of the Corporate Governance Committee

Cllrs D Bretherton, P Cowell, A Dite, M Dyer (Chair), S McGarry (Deputy Chair), H Richards, P Swan and W Wilde

Ex Officio (Voting) Members – A Gilbert (Town Mayor) and A Wainwright (Deputy Mayor)

To all other Members for information

You are hereby summoned to attend a meeting of the Corporate Governance Committee on Tuesday 18 August 2026 at 6:30pm (maximum two hours) in the Upper Chamber (Thame Town Hall) for the transaction of business as set out on the attached agenda.

Mandy Sturdy

Clerk of the Council

Date: Wednesday 12 August 2026

AGENDA

1) Apologies for Absence

To receive and approve apologies for absence.

2) Declarations of Interest and Dispensations

To notify of any items that appear in the agenda in which there may be an interest that has not been recorded in the Member’s Register of Interest; and confirmation of any relevant dispensations.

3) Public Participation and Public Questions

To consider applications from members of the public to address the Committee (5 minutes maximum), in respect of any item of business included on the agenda. Applications to speak must have been received by the Town Clerk no later than 5pm on the last working day preceding the meeting.

To consider questions from members of the public (who live, work or run a business in the Parish). Written questions must have been received by the Town Clerk no later than 4pm on the last working day preceding the meeting.

4) Minutes

To confirm as a correct record the Minutes of the Committee Meetings held on 5 May 2026 and 12 May 2026.

Minutes – 5 May 2026

Minutes – 12 May 2026

5) Devolved Services Grant – Thame Senior Friendship Centre

To receive and note the financial accounts for the year ended 31 March 2025 from Thame Senior Friendship Centre.

To receive a verbal presentation from Thame Senior Friendship Centre. (10 minutes maximum)

5. Senior Friendship Centre Financial Report to 31st March 2025 [PDF]

5a. TSFC Invoice to Thame Town Council 23.4.26 [PDF]

6) Financial Update

Budget Summary: To monitor actual income and expenditure against estimates.
Balance Sheet: To note balance sheet as at 30^th June 2026.
Earmarked Reserves: To receive the latest EMRs.
Payments: To receive the list of regular payments in line with Financial Regulation 6.8

6a. CG Budget Figures to 30.06.2026 [PDF]

6b. Detailed Balance Sheet 30.6.2026 [PDF]

6c. Earmarked Reserves (30.7.26) [PDF]

7) Financial Overspends

To note the following financial overspends against budget line items (greater than the agreed de minimis of £100 / 5%) have been recorded since the last meeting:

Town Hall Business Rates increased additional £208 annual (102-4011)
Depot Business Rates increased additional £176 annual (202-4011)

8) Banking Update

To note that with close monitoring of monies the Public Sector Deposit Account with CCLA has generated £27,931 interest payable up to July 2026. This compares to £11,635 interest which would have been received from the Lloyds 32 Day account for the equivalent amount invested within same period. An overall increase of £16,296 income this quarter.

9) Internal Software

To receive a verbal update on increased in-house accountancy support.

10) Investment Update

To note the summary of the investment performance.

To receive letter from Rathbones relating to investment performance.

To receive the response received from Rathbones regarding the ESG queries previously raised.

To note that Bertie our account Manager at Rathbones has left and our new account manager is Charles Seargent.

10a. Portfolio Performance Summary to June 2026 [PDF

10b. Rathbones statement on investment performance Aug 2026 [PDF]

10c. Rathbones Q&A relating to ESG Aug 2026 [PDF]

11) Utilities Report

To note the utilities report.

To note change of electricity supplier from UGP to SSE from 1 October 2026 for a three-year contract which will save TTC minimum of £2,000 over 36-month contract

11. Utilities Analysis Graphs – July 2026 [PDF]

12) Insurance

To note there is a pending insurance claim of approximately £3,500 due to accidental damage that occurred in maintenance area. This amount is covered by our insurer who is currently denying any TTC liability.