Finance and Accountability
Localism Act – Transparency Code Publications
Localism Act 2011 -The transparency code for smaller authorities mandates that smaller councils with an annual turnover not exceeding £25,000 must publish specific financial and administrative information online.
The transparency code mandates that smaller councils with an annual turnover not exceeding £25,000 must publish specific financial and administrative information online, making it accessible to the public. The goal is to provide taxpayers with a clear understanding of the authority’s activities, spending, and governance, thereby enhancing the community’s ability to hold local public bodies accountable. Compliance is required for all parish and town councils with a turnover not exceeding £25,000.
Yarnfield and Cold Meece Parish Council falls between the small and large authority thresholds for transparency requirements as such the code is advisory and considered best practice. A later briefing paper states that the government expects that medium councils will follow the guidance.
Information published:
- Financial Transaction, excluding staff salaries, in excess of £100.
- Details of land interests held by the parish council.
- Details of councillor roles and responsibilities are set out in the councillor details page.
