Labour Party Finances
The CLP Executive Committee (EC) administers Walton CLP finances, and the CLP Treasurer maintains meticulous records to keep track of them. Money is raised from fees paid by members and affiliated organisations, through fundraising activity and by donations.
The Treasurer, along with the Chair, is legally responsible for the accounts, and makes regular reports to both the EC and in General Meetings to all members. Two CLP members also audit the accounts each year.
Walton CLP welcomes discussion and feedback on these reports in meetings.
In Walton, the wards of Fazakerley and Clubmoor also have bank accounts, in which a minimal balance is administered by Branch Treasurers (though these accounts are largely inactive). Anfield, Everton, County and Warbreck branches currently don’t administer any finances, so any spending by these branches is from the central account and administered by the CLP Treasurer in conjunction with the EC.
Across Liverpool, councillors have access to different funds that they can use to support their constituents and develop activity in the community. These include The Mayor’s Neighbourhood Fund, the Mayoral Hardship Fund and the Youth and Play Grant. These are entirely separate from the CLP finances, and can only be accessed by people who have been elected as Liverpool councillors. All records of these accounts are kept by Liverpool City Council.
In the UK, during elections, in order to ensure that the wealthiest people don’t have undue influence on our democracy, there are strict limits on what political parties are able to spend on campaigning.
We’re proud that, while the Conservatives are bankrolled by the super rich, the Labour Party is funded by thousands of small donations and trade union members.
- Information about the role of CLP Treasurer
- The current roles in Walton CLP can be viewed here
- Liverpool Council – Statement of Accounts
- Liverpool Council – Finance, funding & grants
- Liverpool Echo – How are little-known community funds being used in your Merseyside neighbourhood?
- Rules on election spending