Council Budget and Precept Calculation

Approved Budget Profiles:

HEADING Approved Budget 2012/13 Approved Budget 2013/14 Approved Budget 2014/15 Approved Budget 2015/16
ADMIN Staff Costs / Chair £         16,480.00 £     19,000.00 £18,000.00 £18,000.00
ADMIN Office/other/Adverts £           8,240.00 £       9,556.00 £   9,556.00 £   9,500.00
Playing Fields £         18,025.00 £     15,000.00 £16,000.00 £16,000.00
Bus shelters and Seats £           5,000.00 £       5,150.00 £   5,150.00 £   1,000.00
Footpaths £             100.00 £          100.00 £      100.00 £      100.00
Bowling Greens £           1,000.00 £       1,500.00 £   1,500.00 £   2,000.00
Wildlife Area (Leddys/Marg Garden) £           3,780.00 £       2,250.00 £   2,250.00 £   5,000.00
Misc. £           2,060.00 £       2,100.00 £   2,100.00 £   2,100.00
Allotments £           1,030.00 £       1,060.00 £   1,060.00 £   1,500.00
Donations £           1,000.00 £       1,000.00 £   1,000.00 £   1,000.00
Comm activities £           1,000.00 £       1,000.00 £   1,000.00 £   1,000.00
CAPITAL £                   – £                 – £               – £               –
VAT £           4,725.00 £       2,500.00 £   2,500.00 £               –
TOTAL £         62,440.00 £     60,216.00 £60,216.00 £57,200.00

Expected Income and Precept Calculation for 2015-16:

Expected Income:
Precept required £           42,879.00
Section 136 Funding (estimated) £             9,800.00
Council tax support grant (estimated) £             4,397.00
Misc income £
Allotment rent £             500.00
Total Expected Income to meet Budget £           57,576.00

 

 Precept Calculation per individual Band D Property:
Council Tax Base = 2,450
Precept per Band D Council Tax property      (2014-15) £17.16
Budget requirement for 15-16 per Band D Council Tax property 2,450 x £17.50 = £42,879
Precept per Band D Council Tax property (2015-16)  £17.50
Increase on the Council Tax Bill (Band D) of 2.0 %  or  34p a year
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