Transparency Code

Ref: Gov.UK

Mandatory Publications Under Transparency Code

a. all items of expenditure above £100
b. end of year accounts
c. annual governance statement
d. internal audit report
e. list of councillor or member responsibilities
f. the details of public land and building assets
g. Minutes & agendas of formal meetings

Information to be published annually

The data and information in this Part must be published:

on the first occasion, not later than 1 July 2015, and thereafter, not less than annually and not later than 1 July in the year immediately following the accounting year to which it relates.

This is particularly important to enable local Government electors, council tax payers and ratepayers to scrutinise financial information so that they are able to exercise their rights to question and make objections to the auditor.

All items of expenditure above £100

Smaller authorities should publish the details of each individual item of expenditure above £100. Publishing a complete list of expenditure transactions will also meet this requirement. Expenditure information should be published for each individual spending transaction above £1003 rather than each item bought

For each individual item of expenditure above £100 the following information must be published:

a. date the expenditure was incurred,
b. summary of the purpose of the expenditure
c. amount
d. Value Added Tax that cannot be recovered

Other References: