Barra Common Grazing: Management & Financial Know-How

Common Grazing: Financial Know-How – fair income and expenditure

Are you a Clerk, Treasurer, Common Grazing Committee member, or a shareholder in a Common? Then don’t miss this practical evening session designed to help you manage your Common Grazing with confidence and clarity.

Using a fictional Common Grazing, we’ll explore the best ways to run your Common Grazing, manage the finances, and ensure fair and transparent contributions. We’ll explore the challenges faced by committee members and shareholders alike. You will leave understanding how to make matters more manageable, what is expected from shareholders, and the information that shareholders should receive. You’ll also receive easy-to-use worksheets to help you simplify your records and bring clarity to your role, whether as clerk, committee or shareholder.

The event will cover:

• The duties of committee members
• Obligations of shareholders
• How to calculate fair maintenance contributions
• What to do if some shareholders are absentee or inactive
• The difference between maintenance and improvement costs
• How to handle payment collection
• The ins and outs of income distribution (like resumption money)
• Communications

Plus, there will be plenty of time for your own questions, answered by Daniel MacLean from the Crofting Commission and Arthur MacDonald.

The meetings will be held in the evening and refreshments will be available. This event is FREE, but please book to ensure your space.