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Finances

Here you'll find all the information on our finances. If you want to download anything click the green buttons. 

Where do we get our finance from?

The town council spends public money through a ‘precept’, the local tax collected on our behalf by Torfaen County Borough Council as part of the council tax bill. We also obtain funding from various schemes and funding pots, such as Street Games. This allows us to put on the events and projects for Blaenavon residents throughout the year. 

What do we spend it on?

Our main spending is on general council administration and staff salary, office rent and service charges, along with the following during the current financial year:

To name a few, we spend our money on items like: 

Supporting World Heritage Day, Christmas lights, Carol service, Christmas market, Grants and project work for our residents.. 

Councillors Payments & Audits

Councillors are unpaid but can claim an allowance for their duties, which in 2022/23 is £150 each.

The Mayor also has support to meet any expenses involved in fulfilling the Mayoral duties.

The agreed amount for 2022/23 is £1,500, with the Deputy Mayor being allowed £500.

Some councillors choose to invest this money back in to the community by donating it. 

The council is also subject to an annual internal and external audit and has a duty to appoint an Internal Auditor in accordance with the Accounts and Audit (Wales) Regulations 2014. Quarterly inspections are also conducted by two appointed councillors for added resilience and scrutiny.

Finance Regulations

financal regulations

Blaenavon Town Council

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