Summary of Financial Information

Summary

Financial Information that provides a high level view of the Council's financial performance, income and expenditure.

Every year council’s are required to open their accounting records for public inspection and challenge over a set time period.

Revised rules controlling local authority accounting and audit practice have been introduced reinforcing the importance of local transparency, audit openness and accountability.

Under the transparency rules council’s are required to publicise to the press and public the rights to inspect council’s detailed financial accounts, ledgers and records. This is designed to increase scrutiny of councils’ spending decisions. 

These rights allow the public to check any spending under the £500 online transparency threshold, and avoid the need to submit Freedom of Information requests.    

An advert entitled Audit of Accounts – Notice of Public Rights, which meets the statutory notification requirements, as determined by the Accounts and Audit (England) Regulations 2011, is to be placed in the East Anglian Daily Times on 13th July 2011. This sets out the dates and times for any person interested in inspecting the Council’s accounts and supporting documents (see below).

Audit of Accounts Notice (PDF - 14kb).

The relevant full regulations can be found at:

Accounts and Audit (England) Regulations 2011 –
http://www.legislation.gov.uk/uksi/2011/817/contents/made

Audit Commission Act 1998 –
http://www.legislation.gov.uk/ukpga/1998/18/contents

Once the Statement of Accounts have been concluded an advert will appear in the East Anglian Daily Times and the accounts published on our website, which can be located using the link below:

Statement of Accounts




Babergh would welcome your views or suggestions on the Summary Financial Information, so why not let us know what you think. We can be contacted by one of the methods below.

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 Contact us ...

Team:
 Finance
Telephone:
01473 826643
Minicom/textphone:
01473 825878
Fax:
01473 823594
Address:
Babergh District Council
Corks Lane
Hadleigh
IPSWICH
IP7 6SJ

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Last updated on: 12 August 2011 | Date of next review: 12 August 2012

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