Whitecastle Community Council received a precept of  £10,587 from Monmouthshire County Council in 22/23. The council's finance is discussed at council meetings and information for the current financial year can be found in the minutes of the meetings.

Audit Wales asks the Community Council to complete an annual return. The forms asks questions about the finances of the community council and it's governance. The finances are covered by accounting statements which summarise the year in question and compares it to the previous year. The governance questions cover the way the council has been run in the year. All the finances and some of the governance questions are covered by the internal auditor who is independent and of standing in the community. The annual return and the external auditors report will be available once completed.