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.

 

Our External Audit for 17/18 is in progress. The public have the right to inspect documents relating to the audit.

Audit Notice

Audit return 2018/18

Audited accounts 17/18

 

You can view our Budget for 18/19 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.

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 18/19 are:

Cllr Adrian Collett

Cllr Gerry Crisp

Cllr Shawn Dickens

Cllr John Keane