Budget Summary 2017-2018

Budget Summary Data

The Town Council sets a Budget each year in December. This is used by the District Council to set the precept figure. The precept is the amount the Town Council needs to run the business of the council for the following financial year (1 Apr – 31 March). The District Council then works out how much to collect from each household.

Download Kesgrave Budget Summary 2017-2018

Attached below is the summary of the Kesgrave Town Council budget.

Budget Summary 2017-8IncomeExpenditure
PRECEPT REQUIREMENT2017-18: £257,330
2017-18: £248,224
ADMINISTRATION

Income
-£500
(vs -£100 in 2016-17)
Expenditure:
£182,025
(vs £155,259 in 2016-17)
COMMUNITY SERVICES:
>>> KESGRAVE MARKET

Income:
-£500
(vs -£100)

Expenditure:
£182,025
(vs £155,259)
>>> MJH
Income:
-£500
(vs -£100)
Expenditure:
£182,025
(vs £155,259)
>>> YOUTH CLUBIncome:
-£500
(vs -£100)
Expenditure:
£182,025
(vs £155,259)
RECREATION & AMENITIESIncome:
-£500
(vs -£100)
Expenditure:
£182,025
(vs £155,259)
Balance from Budget detailed report attached2017-18: £249,330
2016-17: £219,724
ADDITIONAL EXPENDITURE REQUESTED
>>Planning & Development
2017-18:
2016-17: £2,000
>>Neighbourhood Plan2017-18:
2016-17: £2,000
>>Additional Streetlights (to reserves)2017-18:
2016-17: £2,000
>> Canopy Rupert Fison square2017-18:
2016-17: £2,000
>> Play/sports (MSG) investigation2017-18:
2016-17: £2,000
>> Play equipment (to reserves)2017-18:
2016-17: £2,000
>> Tesco land2017-18:
2016-17: £2,000
>> Youth Club (from reserve)2017-18:
2016-17: £2,000
>> IT Equipment2017-18:
2016-17: £2,000

Grand Total final workings follow…………..

  • For the 2013/2014 year Council agreed to add £50,000 for that year, and at least two subsequent years, to the Precept to cover costs of the alterations to the pavilion. The Budget we are considering now is the third year. However by prudent housekeeping and securing grants the loading this year will not be necessary for the MJH project.
  • Government changes to benefit systems resulted in a significant decrease to the Council tax base in 2012 and this is now £4,642.23, up on last year from £4,613.19, an increase of £29.04 and in this year we will receive funding of£6,220.89 passed from Central Government via Suffolk Coastal in recompense.
  • The workings of the budget thus far have resulted in the following: Justified total £ 227,490
  • With the funding made available the Precept amount to be charged to the Council Tax payer is £221,269.11
  • This equates to a Band D Council tax figure for the Parish portion of £47.66 per annum. In the 2013/2014 year the Band D equivalent figure was £52.76 so the result is and decrease of £5.10.
  • SCDC ask for the Precept demand to be rounded to the nearest £100 the figure would therefore be £221,300

Rate and write a review

Your email address will not be published. Required fields are marked *

Town Council Office Opening Hours Mon, Tue, Friday: 9am - 1.00pm Wednesday: 9am - 3.00pm

Thursday Closed

Up and coming meetings

october, 2017

16oct6:15 pmPlanning and Development

16oct7:15 pmTraffic and Pedestrian Working Party

21oct9:00 am- 12:30 pmKesgrave Market

23oct6:15 pmPlay Areas and Open Spaces Working Party

23oct6:30 pmNeighbourhood Plan Working Party

30oct6:15 pmPlanning & Development Meeting