finance

The Parish Council and Finances

Finances are presented to the Parish Council at each meeting.  Strict financial reviews are in place to ensure there is complete transparency with all Parish finances.

The precept is calculated by looking at the cost of projects and initiatives for the coming year along with basic costs to run the council. The calculation for each household is based on a Band D house and is precept divided by council tax base = Band D equivalent cost.

The Council is always exploring cost-effective methods for delivering services and projects within the Parish and will continue to do so. 

Budget

Each year the Parish Council works with the Proper Officer to develop a budget for the key projects and overheads.  The Council also maintains a general reserve, normally six months of operating costs, as well as Earmarked Reserves designed to cover one-off and longer-term projects. Budgets are prepared in draft from October onwards with discussions at Full Council and a resolution in November/ January to fix the precept for the following year.

To view the budgets please click the links below.