The Town Council pays for services and responsibilities through their budget. This is made up, in the main, from the precept paid by the council tax-payers of Prudhoe, in addition to income from sponsorship and events, burial fees, the reclaim of VAT, grants and any balances from the previous year.
A summary of how the town council budget for 2016/17 looks can be seen in the budget summary below and by clicking on the link:
You can also see how this years budget compares to the previous year below. Each Budget Heading is compared year on year:
Below you can view the Budget and Expenditure spreadsheet of the Town Council, this is a working document that is updated regularly and uploaded monthly.
The council must publish details of each individual item of expenditure that exceeds £500. The council publish all accounts on a monthly basis and the details can be found below:
The External Audit, year ending March 2017, for Prudhoe Town Council, was completed on 28th September 2017. The Notice along with ‘Issues Arising’ Report was presented to the full council at their Ordinary Meeting on 25th October 2017.
The notice of conclusion of audit is shown below and documents are available and will remain available for inspection.
The External Auditor is:
Maritime Walk – Ocean Village
Southampton SO14 3TL
+44 (0)23 8088 1700
The council completes an external audit each year, in June, for the previous year. In simple terms this looks at movements of money from one year to another, balances carried forward and assets. Additionally, any significant changes in spending have to be explained. You can download all reports relating to both the internal and the external audit below:
The External Auditor also provides the council with their ‘audit opinion’; this can be opened by clicking on the link below.