Financial Information

Precept

The Precept is the element of your Council Tax that is paid to Kilby Parish Council.

Each year the Parish Council draws up budgets and calculates how much money it needs for the next Financial Year (1st April to 31st March). These are then submitted to Blaby District Council who co-ordinate the other demands from Leicestershire County Council, Leicestershire Police, Leicestershire Fire and Rescue Service and themselves and determine the rate to be paid from 1st April that year.

Budget

Annual Governance and Accountability Return

The Annual Governance and Accountability Return is to be completed only by Local Councils, Internal Drainage Boards and other smaller authorities, where the higher of gross income or gross expenditure was £25,000 or less, that meet the qualifying criteria, and that wish to certify themselves as exempt from a limited assurance review.

Smaller authorities MUST publish various documents on a public website as required by the Accounts and Audit Regulations 2015, the Local Audit (Smaller Authorities) Regulations 2015 and the Transparency Code for Smaller Authorities. These include :

1. Certificate of Exemption, page 3
2. Annual Internal Audit Report, page 4
3. Section 1 - Annual Governance Statement, page 5
4. Section 2 - Accounting Statements, page 6
5. Analysis of variances
6. Bank reconciliation
7. Notice of period for the exercise of public rights and other information required by Regulation 15 (2). Account and Audit Regulations 2015.

Archived Finance Reports