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Finance and accounts

How is the Parish Council funded?

Parish councils draw their funds from the council tax paid by residents of the parish.  Next time you get your bill, you may notice a small portion of the fees goes to the local council.  These funds are known as the precept.  Parish councils must hold insurance, have a paid clerk and pay for their accounts to be audited, so a good portion of the precept goes on these requirements.  The remainder can be used to fund local amenities, or within strict financial limits, they can also spend on anything which will be, in the council’s opinion, in the interests of the parish.  In practice, Curry Mallet tries to keep its precept as low as practically possible which means that there are only limited funds available to spend on specific projects.  Projects are usually funded by applying for grant money from a variety of sources (e.g. the lottery, SSDC, various government departments, etc.) each of which have their own funding criteria.

As a local elector, or an interested person, you have certain legal rights in respect of the accounting records of smaller authorities. As an interested person you can inspect accounting records and related documents. When smaller authorities have finished preparing accounts for the financial year and approved them, they must publish them (including on a website).

ACCOUNTS FOR YEAR ENDED 31 MARCH 2018

1.Notice of Public Rights & publication of Annual Governance & Accountability Return Yr end 31 March 2018

2.local authority accounts Summary of Rights

3.Summary of AGAR Return Title & Contents

4.Receipts & Payments 2017 2018 Pages 1       5.Receipts & Payments 2017 2018 Page 2

6.Bank Reconcilliation Pro Forma 2017 2018 Pages 1

7.Receipts & Payments Items OVER £100.00 2017 2018 Pages 1

8.Budget Vs Actual 2017 2018 Pages 1&2

9.Internal Auditor Report Pages 1&2 2017 2018

10.AGAR Part 2 Pages 1 2017 2018

11.Sect 1 Annual Governance Pages 1 2017 2018

12.Sect 2 Accounting Statement Pages 1 2017 2018

13.Explanation of variances pro forma plus £200 2 pages 2017 2018

14.AGAR Part 3 Internal Audit Report Pages 1 2017 2018

15.Certificate of Exemption 2017 2018 Pages 1

 

ACCOUNTS FOR YEAR ENDED 31 MARCH 2017

Receipts & Payments Year Ending 31 3 17     2017 External Audit Conclusion Notice