Financial Overview

August 2016

The Parish Council raised the Precept to £91,500 with a raise in the precept of 10p for a Band D property to £27.80 (£27.70 in 2015/16, £27.68 in 2014/15 and £28.01 in 2013/14).

The Accounts for 2015-16 are now completed and approved by Council on  14th June 2016. Click here to see the accounts.

The Parish Council draws on other sources of income including the cemetery, hiring out the community room and the Recreation Ground (for special events), rent from the side office used by the Village Hall Operations, the refreshment chalet and the allotments and sponsorship of the Bloom baskets and the Christmas event. The total budgeted income is £116,176.

The total expenditure in running the operations of the Parish Council is anticipated to be £121,190. The largest items are the employment costs of the Parish Clerk and the groundsman, the expenses of running the Parish office, the maintenance of the recreation ground and cemetery, the bloom baskets on the lampposts and the Christmas event, and election expenses in an election year.

Council maintains reserves having taken the view that we are entering uncertain times when the demands on reserves cannot be fully anticipated. Therefore a prudent level of reserves is maintained in line with the Governance and Accountability in Local Councils guidelines.

As a Parish Council, we make every effort to ensure good governance and the close scrutiny of our financial processes. We aim to take full advantage of any s106 money available to us.

We have updated the Business Plan for the future direction of Council. We continue to make improvements to the pavilion and the equipment necessary for delivering a good service for the Parish. At the same time we will work with the Borough to make other improvements including expanding the Christmas lights.