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Tiffield Parish Council

Serving the people of Tiffield

Financial Information

Financial Year 2016/17

The Council's Internal Audit was conducted on 28 July 2017, and the auditor's report can be seen here. This audit report was challenged by the Parish Council as being misleading and inaccurate. The Parish Council's response to the audit report can be seen here.

Annual Return for 2016-17 Financial Year

2016/17 Annual Return, incorporating the Subsequent Independent Examiner's Report and BDO External Audit, will be posted here as soon as it is received from BDO.

Financial Reporting

The Clerk to the Parish Council is also the Responsible Finance Officer of the Parish Council.

At each meeting of the Council, he presents a Finance Report, which shows the total funds of the Council, the specific reserves that the Council has made, and details of the receipts and payments that have occurred since the previous meeting. Copes of the Finance Reports are filed in our document management system, and can also be accessed by clicking on the relevant date in the diary of Council meetings

Precept

The Precept is that element of your Council Tax that is paid to Tiffield Parish Council.

Every year, the Parish Council draws up a budgets and calculates how much money it needs for the next Financial Year. The budget is usually discussed at the January Council meeting and then submitted to South Northants District Council (SNC).

SNC co-ordinate the other demands from Northants County Council, Police and themselves and come up with the rate to be paid from 1st April that year.

The Precept for Tiffield Parish Cou8ncil is currently £12,500 per annum.

Budget

The Budget for FY 2017/18 wil be discussed at the January meeting of the Parish Council

Inventory of Assets

Tiffield Parish Council currently owns a number of assets, including Claydon's Field, street lightrs, play equipment, benches and waste bins. The Parish Council also pays the annual lease on the land which is Tiffield Pocket Park. The full list of assets can be seen here., This list is updated in April each year.

General

For any information pertaining to the finances of Tiffield Parish Council that cannot be found on this website, please contact the Clerk.

Financial Regulations