{"content":[{"text":"Ribchester Parish Council","bbox":{"left":0.072685,"top":0.053844,"width":0.272976,"height":0.020629999999999996}},{"text":"COUNCIL STANDING ORDERS: NO. 1 FINANCIAL REGULATIONS","bbox":{"left":0.072685,"top":0.096668,"width":0.5856089999999999,"height":0.015472}},{"text":"1.","bbox":{"left":0.072685,"top":0.128783,"width":0.014725000000000002,"height":0.015472000000000014}},{"text":"General","bbox":{"left":0.16088,"top":0.128783,"width":0.06748299999999999,"height":0.015472000000000014}},{"text":"1.1","bbox":{"left":0.072685,"top":0.160899,"width":0.024538000000000004,"height":0.015472000000000014}},{"text":"These financial regulations shall govern the conduct of the financial transactions of the Council \n and may only be amended by resolution of the Council.","bbox":{"left":0.131482,"top":0.160899,"width":0.7958219999999999,"height":0.03153000000000003}},{"text":"1.2","bbox":{"left":0.072685,"top":0.209072,"width":0.024538000000000004,"height":0.015472000000000014}},{"text":"The Responsible Financial Officer, under the policy direction of the Council, shall be responsible \n for the proper administration of the Council’s financial affairs.","bbox":{"left":0.131482,"top":0.209072,"width":0.7958379999999999,"height":0.031529999999999975}},{"text":"1.3","bbox":{"left":0.072685,"top":0.257246,"width":0.024538000000000004,"height":0.015471999999999986}},{"text":"The RFO shall be responsible for the production of financial management information.","bbox":{"left":0.16088,"top":0.257246,"width":0.681855,"height":0.015471999999999986}},{"text":"2.","bbox":{"left":0.072685,"top":0.289361,"width":0.014725000000000002,"height":0.015471999999999986}},{"text":"Annual estimates","bbox":{"left":0.102084,"top":0.289361,"width":0.14434400000000003,"height":0.015471999999999986}},{"text":"1.4","bbox":{"left":0.072685,"top":0.321477,"width":0.024538000000000004,"height":0.015471999999999986}},{"text":"In October each year the RFO shall prepare detailed estimates of income and expenditure.","bbox":{"left":0.130584,"top":0.321477,"width":0.7054369999999999,"height":0.015471999999999986}},{"text":"1.5 Members of the Council shall meet in committee to review the estimates and submit them to the \n November meeting of the Council, and shall recommend the precept to be levied for the ensuing financial \n year. The RFO shall supply each member with a copy of the approved estimate.","bbox":{"left":0.072685,"top":0.353592,"width":0.854631,"height":0.047587999999999964}},{"text":"1.6 For the purposes of the review of estimates no business can be transacted unless a quorum of four \n councillors is present at the committee meeting.","bbox":{"left":0.072685,"top":0.417824,"width":0.854616,"height":0.03152900000000003}},{"text":"2.","bbox":{"left":0.072685,"top":0.465997,"width":0.014725000000000002,"height":0.015471999999999986}},{"text":"Budgetary Control","bbox":{"left":0.130583,"top":0.465997,"width":0.15857500000000002,"height":0.015471999999999986}},{"text":"2.1","bbox":{"left":0.072685,"top":0.498113,"width":0.024538000000000004,"height":0.015471999999999986}},{"text":"The RFO shall periodically provide the Council with a statement of income and expenditure to date \n under each head of the approved annual budget.","bbox":{"left":0.131482,"top":0.498113,"width":0.7958379999999999,"height":0.031529000000000085}},{"text":"2.2","bbox":{"left":0.072685,"top":0.546286,"width":0.024538000000000004,"height":0.015472000000000041}},{"text":"No expenditure shall be incurred in excess of the amount provided in the budget head unless a \n virement can be made from savings made elsewhere in the budget.","bbox":{"left":0.131482,"top":0.546286,"width":0.7958310000000001,"height":0.03152999999999995}},{"text":"2.3","bbox":{"left":0.072685,"top":0.594459,"width":0.024538000000000004,"height":0.015472000000000041}},{"text":"Where, under regulation 3.2, no such savings are available the expenditure to be incurred shall be \n subject to the provisions of a supplementary estimate approved by the Council.","bbox":{"left":0.131482,"top":0.594459,"width":0.795837,"height":0.03153000000000006}},{"text":"2.4","bbox":{"left":0.072685,"top":0.642633,"width":0.024538000000000004,"height":0.015472000000000041}},{"text":"Unspent provisions in the budget shall not be carried forward to a subsequent year.","bbox":{"left":0.16088,"top":0.642633,"width":0.65039,"height":0.015472000000000041}},{"text":"2.5","bbox":{"left":0.072685,"top":0.674748,"width":0.024538000000000004,"height":0.015472000000000041}},{"text":"No expenditure shall be incurred in relation to any capital project and no contract or tender accepted \n involving expenditure on capital account unless the Council is satisfied that the necessary capital funds \n are available, or the requisite borrowing approval can be obtained.","bbox":{"left":0.131482,"top":0.674748,"width":0.795794,"height":0.047588000000000075}},{"text":"3.","bbox":{"left":0.072685,"top":0.755037,"width":0.014725000000000002,"height":0.015472000000000041}},{"text":"Accounting and Audit","bbox":{"left":0.130583,"top":0.755037,"width":0.18536800000000003,"height":0.015472000000000041}},{"text":"3.1","bbox":{"left":0.072685,"top":0.787153,"width":0.024538000000000004,"height":0.015472000000000041}},{"text":"All accounting procedures and financial records of the Council shall be determined by the RFO as \n required by the Accounts and Audit Regulations (as amended).","bbox":{"left":0.131482,"top":0.787153,"width":0.7958109999999999,"height":0.03153000000000006}},{"text":"3.2","bbox":{"left":0.072685,"top":0.835326,"width":0.024538000000000004,"height":0.015472000000000041}},{"text":"The RFO shall be responsible for completing the annual accounts of the Council as soon as \n practicable after the end of the financial year and shall submit them to and report thereon to the \n Council.","bbox":{"left":0.131482,"top":0.835326,"width":0.746386,"height":0.047588000000000075}},{"text":"3.3","bbox":{"left":0.072685,"top":0.899558,"width":0.024538000000000004,"height":0.015472000000000041}},{"text":"The Council shall appoint an internal auditor who shall be responsible for maintaining an \n adequate and effective system of internal audit of the Council’s financial and other operations as \n required by the Audit Code of Practice 2002.","bbox":{"left":0.131482,"top":0.899558,"width":0.756706,"height":0.047587000000000046}}],"images_bbox":[],"images_bbox_not_text_overlap":[]}