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Finance, Governance and Accountability

Budgets

Each year the Town Council sets a budget with planned income and expenditure for the coming financial year (the financial year runs from 1 April to 31 March).   Copies of the current and past years’ budgets can be accessed below with an explanatory note on how the Council’s share of the Council tax (precept) is set and spent.

How the Town Council is funded

The majority of the town council’s income is from the precept – part of the council tax and collected from household by Cornwall Council on the town council’s behalf.  Income is also generated through property rental income, grants, Guildhall bookings and weddings, and the income generated by the St Ives Visitor Information Centre (ie Memberships, advertising, sales).

Annual Approved Budget

2021/2022

2020/2021

2019/2020

St Ives Town Council Budget 2019/20
Note with Council Tax 2019/20

2018/2019

St Ives Town Council Budget 2018/19
Note with Council Tax 2018/19

2017/2018

St Ives Town Council (short version) Budget 2017-18
St Ives Town Council Budget 2017/18
Note with council tax 2017/2018

2016/2017

St Ives Town Council Budget 2016/2017
St Ives Town Council budget 2016/2017 note with precept

2015/2016

St Ives Town Council Budget 2015 / 2016
Note with Council Tax demand 2015/2016

Statement of Accounts

The Statement of Accounts is prepared after the financial year and sets out the financial activities carried out in that year.

Statement of Accounts 2020/21
Statement of Accounts 2019/20
Statement of Accounts 2018/19
Statement of Accounts 2017/2018
Statement of Accounts 2016/2017
Statement of Accounts 2015/2016

ANNUAL RETURN

Each year, town and parish councils have to produce a summary of their accounts, along with a statement which demonstrates that there is adequate governance and control in place. This is provided in the form of the Council’s Annual Governance and Accountability Return which is then submitted to the Government’s external auditor for evaluation.  Further information about the external auditor and their procedures can be found at www.pkf-littlejohn.com. Click here for all Annual Returns.

Local Government Transparency Code (2015) Information

  • Under the code, all Councils are required to publish regular information on the following:
  • Payments made over £500
  • Contracts let over £5,000
  • Land and Assets
  • Senior Officer Pay

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