The purpose of the Finance & General Purposes (F&GP) Committee is to manage the council's money. The council's income is generated by the precept (Council Tax) collected each year by Arun District Council, rental income from the flat above the Council Office, rental income from land leased to the Angmering-on-Sea Lawn Tennis Club, the East Preston & Kingston Bowls Club and the East Preston Cricket Club. The sale of tennis court tickets also generates a small amount of money each year.
Meetings are held quarterly at the East Preston Infant School, Lashmar Road, East Preston.
The current membership of the committee is Cllrs Gunston, Linton, McElroy (Chairman), Mathias, Toney and Wilkinson (Vice-Chairman) and one vacancy. As Chairman and Vice-Chairman of the Council respectively, Cllrs Toney and Linton are entitled to attend and vote at committee meetings.
Finance & General Purposes Committee Terms of Reference v13, Adopted 29th June 2020; revised 4th May 2021; readopted 16th August 2021.