Finance & Transparency

Maldon Town Council is responsible by law for ensuing that its financial management is adequate and effective and that the Council has a sound system of financial control which facilitates the effective exercise of the Council’s functions, including arrangements for the management of risk and for the prevention and detection of fraud and corruption.

A Responsible Financial Officer (RFO) is a statutory office that is appointed by the council.  The Town Clerk has been appointed as RFO for the Council and the Financial Regulations will apply accordingly.  The RFO, acting under the policy direction of the Council, administers the Council’s financial affairs in accordance with proper practices and shall determine, on behalf of the Council, its accounting records, and accounting control systems.  The RFO shall ensure that the accounting control systems are observed and that the accounting records of the Council are maintained and kept up to date in accordance with proper practices.

Click on the documents below which cover the Town Council’s Financial Management:-

Balance Sheet 2016-17

Annual Return Governance and Accounting Statements 2016-17 

Notice of Publication of Accounts and Elector’s Right to Inspect June 2017 

Financial Regulations

Budget and Precept 2016/2017

Budget and Precept 2017/2018

Balance Sheet 2015-16

Income and Expenditure Statement 2015-16 

Annual Return Summary 2015-16 

Annual Return Governance Statement 2015-16