Laura Sharman 26 March 2014

Audited bodies to receive £8m rebate

A rebate of £8m will be distributed across local audit bodies, after the Audit Commission identified a surplus in earnings.

The Audit Commission has been discussing the way it manages any retained earnings prior to its closure March 2014.

Jeremy Newman, chairman of the Audit Commission, said: ‘As decisions have been made along the route to our closure in 2015, it has been possible to project our outgoings and where we have identified a surplus in our retained earnings, we are seeking to return them.

‘It is gratifying to know that we are able to help local audited bodies in a time of financial austerity.’

The £8m will be distributed with immediate effect.

Last week, it was announced that the Local Government Association (LGA) and the Chartered Institute of Public Finance and Accountancy (CIPFA) will take over its statutory services.

SIGN UP
For your free daily news bulletin
Highways jobs

Part Time Pre-School / Nursery Assistant (term time only)

Essex County Council
Up to £23344 per annum + pro rata - equal to £12.10 per hour
Part Time Pre-School / Nursery Assistant (term time only)Permanent, Part Time£23,344 per annum, pro rata - equal to £12.10 per hourLocation
Recuriter: Essex County Council

Head of Planning and Place

Bassetlaw District Council
Up to £74,377.
Our recently adopted Vision 2040 provides a clear set of priorities to direct our resources Worksop, Nottinghamshire
Recuriter: Bassetlaw District Council

Bicester Garden Town Programme Manager

Cherwell District Council
Grade M
Cherwell District Council
Recuriter: Cherwell District Council

Senior Practitioner, Children and Families Hub

Essex County Council
Negotiable
Senior Practitioner, Children and Families HubPermanent, Part Time£43,477 to £52,302 per annum FTELocation
Recuriter: Essex County Council

Social Worker - Children in Care Specialist Team, West Essex

Essex County Council
£34712 - £46751 per annum
Social Worker - Children in Care Specialist Team, West EssexPermanent, Full Time£34,712 to £46,751 per annumLocation
Recuriter: Essex County Council
Linkedin Banner

Partner Content

Circular highways is a necessity not an aspiration – and it’s within our grasp

Shell is helping power the journey towards a circular paving industry with Shell Bitumen LT R, a new product for roads that uses plastics destined for landfill as part of the additives to make the bitumen.

Support from Effective Energy Group for Local Authorities to Deliver £430m Sustainable Warmth Funded Energy Efficiency Projects

Effective Energy Group is now offering its support to the 40 Local Authorities who have received a share of the £430m to deliver their projects on the ground by surveying properties and installing measures.

Pay.UK – the next step in Bacs’ evolution

Dougie Belmore explains how one of the main interfaces between you and Bacs is about to change.