Local authorities must publish details of each individual item of expenditure that exceeds £500.
Penrith Town Council chooses to publish all expenditure once approved. The Town Council is open and transparent about the ways we manage our finances.
The Council’s Finance Committee monitors the Council’s budget whilst each committee also monitors its own income and expenditure. Income and Expenditure Reports show the income and expenditure accounts for the Council broken down by Committee with detail for the cost centres and cost codes. These are reviewed by the Finance Committee at each meeting and are published in the public domain as part of the PDF agenda that are available to view on this website.
The Finance Committee is responsible for the Council’s the internal controls. For example, ensuring that payments made have been have been verified and that the expenditure reconciles with the Council’s bank account statements.
The Council appoints an internal auditor who assesses the Council’s compliance with relevant legislation and a further audit is carried out by an external auditor appointed independently of the Council.
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Supplier Payments 2022-23
Supplier Payments 2021-22