Tags: Finance and Audit
This guide, along with the notes listing the key changes are now available on our website. Plus an addendum that confirms the changes to the dates in the guide, as per the Coronavirus legislation (giving an extra 2 months to complete each stage of the process).
Posted: Tue, 14 Apr 2020 14:48 by Wendy Amis
Following NALC's engagement with government around local council audit timeframes final regulations are due to be made the week commencing 6 April which will extend the statutory audit deadlines for 2019/20. It is proposed that:
- The publication date for final, audited, accounts for local councils will move from 30 September to 30 November 2020
- To give local councils more flexibility, the requirement... Read More »
Posted: Mon, 06 Apr 2020 16:05 by Wendy Amis
As you may know, the clerk salary scales reflect those of the public sector, negotiated nationally. As yet, there has been no agreement on the pay award for 2020-21.
On 5th February the Employers made a pay offer of 2% for the 2020 pay award, which has been rejected by the joint trade unions. Negotiations are continuing but it would be wise for local Councils to budget for an amount in excess of 2%... Read More »
Posted: Mon, 09 Mar 2020 11:10 by Wendy Amis
Last week a whole percentage point increase in the rate of borrowing from the Public Works Loan Board (PWLB) with immediate effect was announced.
The move has increased the rate for a PWLB 50-year new maturity loan from 1.81% to 2.82% overnight.
This restores interest rates to levels available in 2018, by increasing the margin that applies to new loans from the PWLB by 100bps (one percentage point) on... Read More »
Posted: Tue, 15 Oct 2019 09:48 by Wendy Amis
The Government has confirmed that the 3 year moratorium on the application of the referendum principles (sometimes known as "capping") to local parish and town councils is to continue for 2020-21.
However the Government 'remains concerned about the pressure placed on taxpayers from thousands of town and parish councils across England' and expects them to exercise 'even greater restraint' for 2020/21.... Read More »
Posted: Tue, 15 Oct 2019 09:41 by Wendy Amis
We have been made aware today that just 75% of councils across Derbyshire have submitted their AGAR (Annual Governance and Accountability Return) to date. This is already 2 weeks beyond the submission deadline and we have been asked to inform you that any councils that have not sent in their submission, or are in receipt of confirmation of an extended deeadline from PKF Littlejohn, by Monday 15th July... Read More »
Posted: Thu, 11 Jul 2019 14:50 by Wendy Amis
Following the introduction of the National Living Wage, the National Joint Council for local government, which agrees on pay and conditions for employers applying national terms, has introduced a new pay spine effective from 2 April 2019. You can read about how that effects clerks employed on the national agreement terms agreed between NALC and the Society of Local Council Clerks in our employment... Read More »
Posted: Mon, 10 Dec 2018 09:55 by Wendy Amis
The Ministry of Housing, Communities and Local Government has confirmed that the appropriate sum for parish councils for the purposes of section 137(4)(a) of the Local Government Act 1972 for 2018-19 is £7.86.
Posted: Tue, 03 Apr 2018 11:44 by Wendy Amis
Latest news in the parish sector including updates on the audit process for 2017/18
Posted: Tue, 09 Jan 2018 09:17 by Wendy Amis
Our representative on the NALC National Council - Cllr Sheila Jackson, Chair of DALC - was re-elected onto the Finance Committee of the National Council at the elections held on 13th December. Congratulations to Sheila and thanks for all her hard work.
Posted: Fri, 16 Dec 2016 14:44 by Wendy Amis