General
Snape with Thorp Parish Council is a small, rural, local authority funded largely by public money, and is responsible for ensuring that its business is conducted in accordance with the law and proper standards, and that public money is safeguarded and properly accounted for, and used economically, efficiently and effectively.
The Clerk to the Council is the Council’s advisor and administrator. The Clerk is also the Council’s Responsible Financial Officer and is responsible for administering the Council’s finances.
The precept for 2019/20 was set at £7,800.00. The precept is the Council's main source of income.
Accounts
The Council's financial year runs from 1st April - 31st March.
The Council reviews its obligations and objectives and approves the level of precept for the following financial year at its autumn meeting.
The accounts are made up of a list of all the payments which were made, a list of the monies that were received and a bank reconciliation.