Sutton Maddock Parish Council – Agenda Item #8: 13-01-2022

Full Council - 13-01-2022

7:30 pm

Agenda

Agenda:

APPENDIX D

SUTTON MADDOCK PARISH COUNCIL

THURSDAY 13TH JANUARY 2022

PARISH COUNCIL MEETING

 

Agenda item no.:8

 

  1. i) Budget 2022/2023

Members are asked to consider the budget for the Parish Council for the financial year 2022/2023. The precept figures will set the Council Tax.

Draft Budget Information attached Appendix B – previously circulated with agenda

Accounts at Year End for 2021/2022 (to assist) Copy attached Appendix C – previously circulated with agenda

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Other relevant information to assist with the setting of the precept:

 

The Precept being the amount of money we ask Shropshire Council to raise through the Council Tax. There are several ways to make up the Council Tax:

  1. Ask for whole agreed budget amount
  2. Ask for an amount of the agreed budget and make up the difference from reserves in the bank
  • Ask for an amount of the agreed budget and make up the difference from ear marked reserves. The earmarked reserves can only be used against the same budget heading or a minute needs to be passed to say that the money can be transferred to another budget spend
  1. Ask for an amount of the agreed budget and make up the difference using both reserves and earmarked reserves

 

 

 

 

 

For information 2021 the following minute was passed in relation to the budget and precept setting:

 

50/2020 Finance

 

iii)        Budget 2020/2021

 

Members considered the draft budget for 2020/2021 presented for consideration at the meeting. Members noted that the Tax Base was 108.36.

 

RESOLVED that:

 

  • the budget for 2021/2022 for Sutton Maddock Parish Council be £2684
  • the precept for 2021/2022 for Sutton Maddock Parish Council be £2684
  • the Band D equivalent for Sutton Maddock Parish Council be £24.77

 

 

 

I have attached the paperwork received from Shropshire Council which explains how the Council Tax is made up this year and the requirements for a 0 % increase.

 

You will see that they say that a budget of £2672 compared with a budget of £2617 last year will give a 0 % increase.

 

Members are therefore asked to note this and a full discussion at the meeting will determine the way forward and the precept to be levied.

 

 

 

 

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