About Us Finance Precept

Precept 2019/2020 (approved at Parish Council meeting 02/01/19)

Summary  Budget 2018/2019  Total Estimated Expenditure/ Income 2018/2019  Proposed Budget 2019/2020 Diff b’ween 2018/2019 Budget and Proposed 2019/2020
 £  £  £ £
Expenditure
1 Staff costs          13,565             12,475                     14,140                   575
2 Clerk’s telephone, computer software renewals and printing            1,380               1,044                      1,550                   170
3 Insurance, hall hire for meetings and website maintenance            1,300               2,357                      2,000                 700
4 Grass cutting, general maintenance and annual Playground inspection          11,020               5,755                      8,780 (2,240)
5 Grants, Village plan implementation and new Village Hall costs            2,000               2,550                      2,030                    30
6 Audit fees, subscriptions, potential election costs and other professional fees            1,560               1,399                      2,150                   590
7 Councillor’s training and travel costs and Chair’s allowance for Annual meeting            1,350                  945                      1,350                      –
8 Capital Purchases            2,825               3,100                      3,000                   175
9 Net VAT                  –               1,405                             –                      –
10 Total Expenditure         35,000            31,030                    35,000                      –
Income
11 Precept (35,000) (35,000) (35,000)                      –
12 Grant Income                  –                     –                             –                      –
13 CIL Income                  – (13,474)                             –                      –
14 Interest                  – (49)                             –                      –
15 Total Income (35,000) (48,524) (35,000)                      –
16 (Surplus)/Deficit                  – (17,494)                             –                      –

 

 Notes
Line No:
   1 Budget increased to reflect salary, NI and Pension estimated cost for Clerk
   2 Budgeted for Parish mobile and estimated increase in software renewals
   3 Increase reflects estimated out turn costs and estimated increased costs for new financial year.
   4 This reflects the reduction of the transfer to dilapidations reserve from £3,900 to £2,530 the budget (£1,370 reduction), the grass cutting budget has been reduced by £1,000 from £5,000 to £4,000 to reflect the tendered annual cost approved at January 2018 meeting. These reductions have been slightly offset by an increase of £130 in the playground inspection budget.
   6 Increase as a result of budgeting £1,000, for the election, 2018/2019 budget is £50, so an increase of £950.  This has been slightly offset by the removal of the road closure costs of £360.
   8 Small increase to allow for replacement office equipment, if necessary.
  10 The proposed budget for 2019/2020 of £35,000 represents no change from the 2018/2019 budget and the Precept for 2019/2020 of £35,000 represents no change from the 2018/2019 Precept.
2019/2020  2018/2019
Band D equivalents                    354.79                         352.60
Cost per Band D equivalent property  £                  98.65  £                       99.26