The Parish Budget and Finances
The Parish Council considers and approves its budget during December and January for the forthcoming financial year and decides what funds are required in order to carry out the business of the Council in serving the local community. The Council also considers when and how much of the budgeted funds should be spent on any particular projects within the Parish. The forecast end of year carry-forward funds held by the Council is then off-set against the budget to leave the Precept amount; this is the amount required from South Staffordshire Council, collected on behalf of the Parish Council, from local tax payers via Council Tax.
For the Financial Year 2017/2018 the Parish Council has submitted a Precept Demand of £139,413 to support a budget expenditure of £347,337. The Precept for 2016-17 was £139,880. This represents a small decrease for a band D property from £47.35 per annum to £47.00 for the Parish. Again there was no Council Tax Support Grant received from South Staffordshire Council.
Asset Register here
The 2015-16 Annual Return can be viewed here
The Notice of Conclusion of Audit 2015 - 16 can be viewed here
Finance: Income and Expenditure reports here