Finances

Flixborough Parish Council aim to be as open and clear as possible regarding all financial transactions. The Parish Council follow a set of rules regarding finances and these are set out in the Parish Councils Financial Standing Orders, a copy of which can be accessed here.

In addition to this the Parish Council has a responsibility to publish certain information on this website, this is set out in the governments’ Transparency Code for Smaller Authorities. Most of the information that needs to be published can be found in the Finance section for the relevant year.

Please see the information below regarding the Parish Councils Finances. If you have any questions you may contact the Clerk to the Parish Council or any of the Parish Councillors, details of which can be found here

Budget
Each year the Parish Council set its own Budget, this is done by estimating expenditure and comparing this with likely income including the Precept  (Parish Council tax charge) and Village Hall hire. The budget is usually set in November/December for the following financial year.

During the current financial year expenditure is reviewed quarterly and compared with the budget forecast. In addition to this a monthly financial report and Bank Reconciliation are discussed at each Parish Council meeting. 

Audit
At the end of the financial year the Parish Council carry out the Annual Governance and Accountability Return, as part of this process the finances are sent to an Internal Auditor for review. All relevant documents regarding this process are below. 

 

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