Value for Money
It is essential that as a council we provide value for money. This means ensuring that public money is spent efficiently to provide an effective service. Our aim therefore is to get more council activity for the least possible expense without compromising quality.
Lydney Town Council regularly assess ‘value for money’, and questions whether it is really necessary to spend the money or whether it can find a way of addressing a service more efficiently. As part of our commitment to continued improvement we consult other councils and engage with other service users and the wider community to find out what they think and will join with other councils to deliver a more economic service to the community as and where appropriate.
The Council’s Financial Regulations and a number of statutes and procedures provide the Council with the tools it needs to achieve its goals, protect community assets and make best use of public money.
Efficiency and Value for Money
Lydney Town Council recognises the importance of using its resources in an efficient way and one that is shown to give Value for Money.
Our Efficiency & Value for Money Policy shows how we seek to operate in an efficient way.
Lydney Town Council’s Financial Documentation
Please click on the headings below to select a topic:
2020/21 Budget (1.6 MiB)
Lydney Town Council's Action Plan 2019-20 (167.0 KiB)
Lydney Town Council’s Asset Register (419.4 KiB)
Council Payments over £500
The Council is legally bound to disclose details of all payments made in excess of £500, it however chooses to make all payment information available and provides as part of its monthly Full Council Minutes a full copy of that particular months payment schedule, alternatively you may click on the financial payment schedules shown below.
Monthly Financial Payment Schedules
|Annual Accounts||Additional Supporting Documents|
Independent Internal EOY Audit 2018-19 (1.8 MiB)
Independent Internal EOY Audit 2017-18 (1.7 MiB)