Council Finances

The council recognises that there is a balance between providing quality services and ensuring that the foundation for everything that is undertaken is based on sound finances. In particular there is recognition that wherever possible any increase in the precept should reflect general increases in the cost of living.

External Audit 2018/19

The Council approved its annual accounts for 2018/19 at the Full Council meeting on 17th June 2019. Members of the public have the right to inspect the Council's accounts and audit information as detailed below. Please note that the accounting statements published below are unaudited and are therefore subject to change.

 

Notice of Public Rights & Guidance Notes - the public inspection period is 21st June to 1st August 2019 during office hours (9.00am - 4.00pm, Monday to Friday)

Annual Governance Statement 2018/19 - Section 1

Accounting Statements 2018/19 - Section 2

Annual Internal Audit Report 2018/19

 

External Audit 2017/18

Our External Audit for 17/18 has been concluded. The public have the right to inspect documents relating to the audit.

Audit Notice

Audit return 2017/18

Unaudited accounts 17/18

Conclusion of Audit Notice 2017/18

 

You can view our Budget for 18/19 here and the budget for 19/20 can be found here.


Our underlying principles in managing our finances over the next year will be:

1. Unallocated reserves of between 10 –15% of expenditure will be maintained to cover any unforeseen/unexpected costs

2. Allocate £50,000 to capital projects and £85,000 to a new youth suite.

3. To ensure that any services taken on or developed will have a cost neutral impact on the budget unless the Town Council decides to employ a higher standard of service.

4. The Town Council will investigate alternative sources of fundraising.

 

Parish Basic Allowance

The current Members annual allowance is £541.80, which is paid monthly, through the Town Council's payroll system and is subject to tax.

Councillors currently claiming the allowance in 19/20 are:

Cllr Adrian Collett

Cllr Gerry Crisp

Cllr Mark Griffin

Cllr Bob Harward

Cllr Robert McSorley