2017/18 Precept Report

Agenda 09/01/17
January 9, 2017
Agenda 13/02/17
February 15, 2017
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2017/18 Precept Report

ABENBURY COMMUNITY COUNCIL

 

Precept and Budget report January 2017

£              £

Accounts 2015/6

Balance at 01/04/15

 

30,816.54

Income to 31/03/16

Precept

VAT Refund

Bank Interest

 

Total

 

12,250.00

132.83

2.75

 

 

 

 

 

 

12,385.58

Audited Expenditure to 31/03/16 15,430.86
Balance at year end 27,821.21
Budget Report 2016/17
Income to 31/03/2017

Precept

VAT refund

Bank Interest (est.)

Total

Expenditure

Incurred (to 30/11/2016)

Estimated (to 31/03/2017)

Total

 

12,500.00

1,934.67

3.00

 

 

4,456.23

12,000.00

 

 

 

 

14,437.67

 

 

 

16,456.23

Estimated Balance at 31/03/2017 27,821.21

 

PRECEPT 2017/18
Draft Budget 2017/18    
Expenditure

Section 137 (Grants etc.)

Staff costs (inc expenses)

Street Lighting

Play Equipment inspection & mtce

Audit

Insurance

Subscriptions

Website

Miscellaneous

 

Capital Spend

 

Total Estimated Expenditure

 

800.00

3,500.00

650.00

700.00

400.00

900.00

150.00

100.00

1,500.00

 

10,000.00

 

 

 

 

 

 

 

 

 

 

8,700.00

 

 

18,700.00

 

Precept Options

Nil increase at Tax base 502 (up from 499) = £25.05@band D

1% increase

5% increase

 

1% decrease

10% decrease

 

 

 

 

 

125.00

612.50

 

-122.50

-1,500.00

 

 

 

12,575.15

12,625.00

13,125.00

 

12,275.00

12,000.00

Recommendations

 

In the light of the Council’s continued desire to fund further future capital projects and the increase in costs for services that the PRECEPT be set at £12,750.00 an increase of 2.0%equivalent

to £25.40@band D

 

 

 

Additional Information

 

  • Section 137 Expenditure Limit is £7.36 per elector which equals £3,650.56. Last year expenditure under this section was £600 but has been as high as £1195.
  • The estimated expenditure assumes significant Capital spend. The Council has considered Community Defibrillators (£2000), the layby if the MoJ had agreed to carry out the work (which it has not so far) and additionally prices were received for additional play equipment for Pentre Maelor and to part fund play equipment at LLwyn Onn.