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 the 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.

The Council has set a budget to be funded by a precept of £270,623 for the Financial Year 1st April 2025 to 31st March 2026. The charge per Band D dwelling will therefore be £100.38 compared with £98.20 in 2024/2025. This is an increase of £2.18 or 2.25% per Band D dwelling.

Click here for the summarised budget for 2025/2026.

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 an annex of the 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 Council Minutes.

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.

The Annual Return and Conclusion of (External) Audit for the financial year ended 31st March 2024 can be found below, as well as that for previous years.

For the last financial year the outcome of the first interim internal audit 24/25 can be found here.