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Accounts

The Parish Council is funded by an Annual Precept, currently £28,000, from annual rates.  The Parish Council sets a precept demand each year based on a budget of the expected expenditure for the year ahead . This sum of money is then collected by South Staffordshire District Council as part of the annual rates demand.   It currently costs an average of £ 46 per household to fund the Parish Council and its activities.

The Parish Council has two bank accounts with Lloyds Bank. A Business Reserve Account  and a Current Account. Payment of approved invoices  are made by cheque  signed by two councillors following approval at a Council Meeting in accordance with Financial Regulations. 

The accounts are maintained electronically using " Cashbook Complete" , a limited accountancy software, by the Clerk and Responsible Financial Officer.  A summary of the accounts is presented to the Council at each meeting.