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Welcome
to the Finance Section
Introduction
Public Counter Opening Hours: 9.00am -5.00pm
Marie Leydon : Financial Management Accountant, Tel: 071-9158883
Mary Blowick : Senior Staff Officer, Tel: 071-9114400 Ext 158
The structure of Activities within the Finance Department of Sligo Borough Council include the following areas of activity: Billing for Income, Traffic and Parking Management, Income Processing, Payments Processing and Payroll processing.
Income is processed from the following sources - The Cash Desk Receipting area at the Finance Office of the Town Hall, Standing Order Payments received through the
Bank, Revenue Collectors and via the household budgeting process of
An Post.
The charge for Rent is accrued on a weekly basis in conjunction with the housing Department.
Loan accruals are run on a monthly basis following the administration of the loan set-up process within Housing.
Redemption figures and balances are available from Finance. The Calculation of TRS - Tax Relief at Source is processed by the Finance Department.
Rates
Rates are levies on the occupiers of Commercial and Industrial property based on the value of the property as determined by the valuation office (http://www.valoff.ie). All queries in relation to valuations need to be directed to the valuation office. The charge for Rates is calculated form the value of the property and the rate of multiplier arrived at in the budgetary process each year.
Purchasing - Payments.
Local Authorities are subject to National and EU public policy in relation to Tendering/Procurement.
Prompt Payments of Accounts Act 1997.
The prescribed payment date is 45 days from receipt of invoice where no contract of from receipt of goods whichever is later.
Financial Management
As part of Better Local Government (BLG) the Department of the Environment and Local Government introduced a new Financial Management System (FMS).
Phase 1 of the Financial System AGRESSO Business World was introduced in June 2001 and Phase 11 in May 2003.
This involved the introduction of a full double-entry system of accounts operated on the accruals concept, which has replaced the traditional approach of preparing accounts on a receipt and expenditure basis. The Accruals concept indicates that income and expenditure are recognised as they are earned of incurred, not as money is received or paid.
Cash Flow Management.
It is vital that cash is managed properly to ensure that funds are in place to make payments. There is constant dialogue with other departments to monitor activities revolving around funding from Capital Grants and borrowings.
Annual Financial Statement
The Annual Financial Statement (AFS) is the Boroughs financial position at the end of the year. The structure of the AFS has been changed to bring it into line with modern reporting formats. This will lead to full Balance Sheet Accounting presented in the Statement of Balances for 2003.
For a copy of 2001 Audited AFS contact Marie Leydon 071-9158883 or email mleydon@sligoborough.ie.
Annual Budget
The finance department is responsible for the preparation of the overall budget in consultation with each Department of the Council. Revenue Expenditure and Income are broken down into 8 programme groups reflecting day-to-day
activity in all areas with which the council is involved. The prescribed period for the holding of a budget meeting shall be determined by the Minister for the Environment and Local Government.
Accounting Code of Practice (ACOP).
This Code of Practice specifies the principles and practices of accounting required to prepare an Annual Financial Statement (AFS). The primary issue is for the AFS to ‘present fairly’ the financial position and transactions of the authority.
Yearly Audit.
The accounts of the Borough are audited on a yearly basis by the Local Government Auditor.
Documentation required for application for Residents Parking Permit
1. Completed application for signed and witnessed at local Garda Station.
2. Vehicle Registration Certificate e.g. Tax Book or Vehicle Licensing Certificate.
3. Any of the following documentation as proof of postal address:
- Current Landlord Agreement.
- Current ESB or Telephone Bill.
- Bank Statement (part showing Postal Address only).
- Listed on Current Register of Electors.
4. An application fee of €50.00 is payable.
Retailers of Parking Discs
| Mace | Abbey Street |
| The Regional Stores | Ballinode |
| Feehilys Shop | Bridge Street |
| Keoghanes Book Shop | Castle Street |
| Post Office | Castle Street |
| Horans Chemists | Castle Street |
| Foleys Bar and Off Licence | Castle Street |
| Conways | Grattan Street |
| Conways | High Street |
| Keaneys Newsagent | High Street |
| McCranns | Holbourn Street |
| The Embassy Rooms | JFK Parade |
| Dolans Butcher | John Street |
| Whytes | John Street |
| Spar | Knapagh Road |
| Murrays Shop | Larkhill Road |
| The Bus Top | Lord Edward Street |
| McCormacks | Mail Coach Road |
| Cullens Pub | Markievicz Road |
| Post Office | Maugheraboy |
| Magees | Pearse Road |
| Christies Supermarket | Pearse Road |
| The Harp Tavern | Quay Street |
| The Ship Inn | Quay Street |
| The Galaxy Complex | Riverside |
| The BookNest | Rockwood Parade |
| Rockwood News | Rockwood Parade |
| Matt Lyons | Stephen Street |
| Charles of Anthonys | Teeling Street |
| Conways | Tesco Arcade, Wine Street Car Park |
| The Mall Pharmacy | The Mall |
| Mace | The Village Complex, Cartron |
| The Sligo Champion | Finisklin Road |
| The News Stand | Wine Street |
| Tesco | Wine Street Car Park |
| Irish Farmhouse Varieties | Wine Street Car Park |
| The House of Value | Wine Street Car Park |
| The Meat Centre, Quality Meats | Wine Street Car Park |
| Cantec | Wine Street Car Park |
Disabled Parking
| Location | Number of Spaces |
| Quay Street Car Park | 2 |
| Wine Street | 2 |
| Wine Street Car Park | 3 |
| O’Connell Street | 2 |
| Abbey Street Car Park | 2 |
| J.F. Kennedy Parade | 2 |
| On Street Parking | 75 |
Schedule of Car Parks
PART I
| a) Wine Street Car Park | €1.20 Per Hour
€125.00 Monthly
€1440.00
Yearly |
| b) Stephen Street Car Park |
| c) Quay Street Car Park |
| d) John F. Kennedy Parade Car Park |
| e) West Gardens Car Park |
| f) Lower New Street Car Park |
| g) Abbey Street Car Park |
PART II
| a) Market Place Car Park |
€2.50 Per Day
€42.00 Monthly
€500.00 Monthly |
| b) St. Anne's Car Park |
| c) Connaughton Road Car Park |
| d) Forthill Car Park |
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