Finance

The councils financial year runs from 1 April to the 31 March every year. Each year the council sets a budget, which determines the council tax precept.
The council is also required to submit and publish an annual governance statement (AGAR) which:

• Summarises the councils accounts for the financial year.
• Includes a number of statements in relation to the accounts.
• Includes the council’s internal auditors opinion regarding the accounts
• Explains any significant changes to previous years
• Includes, once work has been completed, the findings of the council’s external auditor in relation to the accounting statements.