There are over 740 local (community and town) councils in Wales. They spend about £35 million each year.
It is the responsibility of each council to manage its own money well and to safeguard its assets. Councils receive this money from fees, charges and council tax. Spending by individual councils varies from a few thousand pounds to several hundred thousand pounds.
This guide helps you to look after your community council's money and assets.
The guide covers the following areas:
- Who is involved in managing community council money; and
- The key areas and weaknesses that you need to consider.
It also includes a self-assessment tool to help community councils manage money effectively.