Budgets

 

Get It Right First Time!!

 

Why do councils need to set a budget?

 

Not only does the law require all councils to determine budgets and calculate the amounts they need to raise through taxation but the budget is the master plan. Once approved, the budget becomes the authority for incurring the expenditure set out within. The importance of an annual budget can never be over overstated.

 

Establishing the required budgets within rigid deadlines is a complicated and daunting process, demanding expert advice from accounting specialists. Considering the impact on council finances, ‘getting it right the first time’ is the only option.

 

No matter how much care and thought is taken when planning a budget, it is impossible to predict every eventuality – this is why it is vital and required by law for councils to make provisions for contingencies.

 

Let us provide the expert assistance you need. From advising on effective accounting methods and systems, including establishing appropriate reserve levels, we are even able to offer a five year plan for future budgets. Let our team help you put your budget plans in place.

 

DCK Accounting Solutions Ltd

Unit 1 ● Uffcott Farm ● Uffcott ● Swindon ● Wiltshire ● SN4 9NB

Tel: 01793 739 110 ● Fax: 01793 731 550

admin@dckaccountingsolutions.co.uk

 

 

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