In most years the Council’s income is primarily the precept, collected by Leeds City Council, as part of the Council Tax. This is supplemented by occasional grants and one off payments which have to be used for a particular purpose. The end of year & quarterly accounts give a detailed view of income & expenditure down to individual transactions. Theses are considered by the Council at the April (year end accounts), October & January meetings. The full accounts form part of the Minutes & Papers for those meetings.
Every year the Council has to complete an Annual Return which gives a high level view of income & expenditure along with reports from the Council’s Internal & External Auditors.
Paper copies of the Returns for the last five years are available from the Clerk.
Annual Return 2015/16 (including External Audit opinion that the Return is in accordance with proper practices)
Annual Return 2017/18 (including External Audit opinion that the Return is in accordance with proper practices)
Notice of Public Rights 2017/18 (Formal Annoucement of the availability of the accounts & residents rights to inspect them & ask questions of the External Auditor)
Notice of Conclusion of Audit 2017/18 (gives information on the rights of residents to see & question the accounts)
The Asset Register lists all the Council’s assets including land, street furniture and office equipment
The Risk Management Scheme is a the Council’s assessment of its financial risks and the measures taken to help ensure that the risks are minimised.
When the Council has funds available for investment the they are invested according to the criteria set out in the Investment Policy to ensure that they are not put at risk.