Our Financial Regulations regulate and control the Parish Council’s financial affairs and accounting procedures.
The Parish Council undertakes a number of services on behalf of the local community. These local services are primarily funded through the Precept which is collected by Forest of District Council through your Council Tax bill. Each year the Parish Council draws up a plan of what services and other works it wants to undertake and sets its Precept accordingly.
In order to set the Precept budgets are drafted and approved to cover the following financial year. Parish Council meetings at which this occurs are usually held annually in October and November. During the year the financial activity of the Parish Council is governed by its own Financial Regulations.
At the end of each financial year the Parish Council prepares its accounts which are then subject to both internal and external audit.