Additional Financial information can be found on the following pages:
Each year the Council establishes its budget for the following financial year. As part of this exercise, the Council also sets its precept for the year ahead. This is the sum paid over to the Parish Council by each household as a proportion of the total annual Council Tax payment which is collected from residents by CDC.
At its meeting on 10th January 2022, the Parish Council approved its budget and precept for the year 2022-23, the precept being the share of money each household pays to the Parish Council to help fund services and amenities provided (eg the local Cemeteries, play areas, allotment sites, Community Centre etc). In 2022-23 the Council approved a precept of £177,932. This money will be collected from the 1,780.3 contributing local households. This means that the amount of money a Band D household will pay in 2022-23 to the Parish Council to maintain its assets will be £99.94 pa. This year’s precept therefore represents an increase of 56p a month (over ten months) compared to 2021-22. This money will be collected by CDC for onward forwarding to the Parish Council, and the sum will be shown within the breakdown of taxes on each household’s annual Council Tax bill.
The Council’s budget for 2022-23 will enable the Council to achieve a wide range of projects during the financial year, including: The purchase of software to enable digitalisation of burial records, to provide part-funding for the Queen’s Jubilee weekend celebrations in the village, increased frequency of play area inspections to ensure safety for users, provide funding towards the anticipated election charges that will be levied by the district council from 2023, to enable a burial consultant to search for a suitable site for a new burial ground, the continuation of Play Rangers after-school activities, grants for local organisations and to pay for additional hours for a Civil Enforcement Officer (traffic warden) in the village if this money is not available from the District Council. Also, to ensure the George Moore Community Centre receives any necessary ongoing maintenance, all health and safety requirements are met and to budget sufficiently for the rising utility costs which all consumers are currently experiencing.
The Council is also required, by law, to set aside a certain sum in General Reserves in order to be able to respond to emergencies – the level of funds that must be set aside are reviewed annually with reference to its responsibilities at that time. This is subject to approval by the external auditors. General Reserves have been reviewed and set at appropriate levels for 2022-23.
Refer to CDC web-site for full details of all Council Tax payments for each local council in the Cotswold District.
Details of the Council's approved budget for the next financial year can be viewed via the relevant attachment below.