Finance & Transparency

Budget and Precept Information  

Liss Parish Council operates under annual budget which is agreed at a Full Council meeting, normally the November/December meeting, for the following financial year (1st April to 31st March).

The Precept is then the annual amount of tax charged on each residential property in town to fund the activities and services provided by the Parish Council. It is collected on behalf of the Parish Council by East Hampshire District Council as part of the Council Tax. Please note, we do not receive any of the business rates paid by shops and businesses in the parish.

At its meetings in December 2021, Council agreed an operating budget and precept of £237,435 for the Financial Year 1st April 2022 to 31st March 2023.

The summarised budget for 2022/2023 can be found here.

Council Financial Transactions

Information about Council financial transactions (both payments and receipts) is reported to the monthly Council meeting for approval and can be found in the RFO reports under Council minutes. Since April 2018 the Parish Council has come under the requirements of the Local Government Transparency Code 2015. This requires additional information to be published on the Parish Council website. Additional information is to be provided in the June, September, December and March RFO reports for all payments over £500, the procurement of contracts in excess of £5,000 and any changed to land assets. Information on grants awarded to outside bodies is routinely reported in the April RFO report. 

Audit Matters

The Parish Council is required to have ongoing and independent internal auditing of its activities with an annual return (now termed the Annual Governance and Accountability Return or AGAR) reviewed annually by an external auditor.

Audit for the  year ended 31st March 2021:

Sections 1 and 2 of the 2020/21 annual return information (the annual governance and accounting statements) are available here.  

Section 3 of the annual return (the external audit report and certificate) is available here.  The Notice of conclusion of audit is available here.

 

The Annual Return information for previous years is available below:  

Key Financial Documents