Supporting Local Councils in Cornwall

Documents

tagged "Transparency Code"

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Procurement Thresholds, March 2022

Procurement Thresholds - an updated finance briefing from the Parkinson Partnership

Tue, 05 Apr 2022

Transparency Code (Larger councils)

This is the Transparency Code that applies to a parish council which has gross annual income or expenditure (whichever is the higher) exceeding £200,000.

The Transparency Code for Smaller Authorities has previously been issued as a separate document and can be found below.

Thu, 01 Sep 2016

Transparency Code for Smaller Authorities

1. This Code is issued to meet the Government's desire to place more power into citizens' hands to increase democratic accountability. Transparency gives local people the tools and information they need to hold local public bodies to account.

2. The Local Audit and Accountability Act 2014 sets out a new audit framework for local public authorities which are currently covered by the Audit Commission regime. Under the new audit framework smaller authorities, including parish councils, internal drainage boards, charter trustees and port health authorities, with an annual turnover not exceeding £25,000 will be exempt from routine external audit. In place of routine audit, these smaller authorities will be subject to the new transparency requirements laid out in this Code. This will enable local electors and ratepayers to access relevant information about the authorities' accounts and governance.

3. The Government considers that publication of the items in this Code will provide the local electorate and ratepayers with a clear picture of the activities of these smaller authorities. Most of this information is already produced by the majority of smaller authorities with a turnover not exceeding £25,000, and the Government therefore considers that compliance

Mon, 01 Dec 2014