Preston Brook Parish Council can only spend, raise or use money if it has a statutory power to do so. It has a wide range of powers under different Acts of Parliament, most of which are discretionary. The exercise of these powers may depend on other bodies, for example, the owner of land or another public body such as the Highways Authority.
Preston Brook Parish Council raises money through grants, donations, fundraising activities and by levying a precept (a mandatory demand) on Halton Borough Council. The precept required is then collected by the Borough Council as part of the Council Tax.
Preston Brook Parish Council prepares a budget by the end of January each year for the ensuing financial year which runs from 1 April to 31 March.
Every payment made by the Council is approved by the corporate body and finance reports are presented to the Council throughout the year by the Responsible Financial Officer. Council accounts are available for scrutiny by any resident by appointment with the Proper Officer.
The Council is required to complete an Annual Governance & Accountability Return (AGAR) which includes the findings of the Internal Auditor, together with Governance Statements and Financial Statements. The AGAR is then submitted to the independent external auditor for examination. This documentation is made available at the end of each financial year.
The Council's Responsible Financial Officer is Luke Trevaskis - a CiLCA qualified officer with fifteen years' experience in local government.
Quarter 1 (April-June 2022) - I&E Accounts / List of Expenditure Exceeding £100 / Bank Reconciliation
Internal Audit Report (to be concluded)
Annual Governance and Accountability Return