Managing public money

This publication offers guidance on how to handle public funds.



This 2021 version updates the 2013 version, which can be found on the National Archives.

The public, and Parliament acting on their behalf, have a right to expect that funds raised using powers agreed by Parliament will be used for the purposes intended. Public servants have a demanding fiduciary duty to use public money responsibly.

Much of what managing public money requires is just good common sense, or sound financial management. There are also some specific rules and conventions about how certain things are handled, which ensure that policies, programmes and projects work smoothly and serve their intended purposes.

Published 14 May 2012
Last updated 3 June 2021 + show all updates
  1. Template Delegated Authority Letter added

  2. Annex 2.2, 4.15 and 5.4 updated

  3. Annex 4.15 updated

  4. Updated 'Managing Public Money' document and 2 specimen framework documents added

  5. Updated with revised version of 'Managing Public Money (with annexes)'.

  6. Updated with 'Managing Public Money' and 'Managing Public Money (with annexes)'.

  7. Updated Annex 6.2 in Managing Public Money (including annexes).

  8. Updated template for special severance cases with further guidance on how to complete and return the form.

  9. Removed contact details for Jim Duncan who has since left the post

  10. Updated to reflect several changes to guidance in Annexes. Further details are set out in the 'Dear Accounting Officer' letter dated 8/15.

  11. updated for 2013 version

  12. First published.