Sutton-on-Trent Parish Council is funded by an annual payment or precept from Nottinghamshire County Council. The Parish Council must prepare a budget for each year which will cover all necessary expenditure and ask the County Council for this money in the form of the precept. This precept is collected by the County Council via the Council Tax and is paid to the Parish Council in two six-monthly sums.
For the financial year 2020/21, the Parish Council will receive a precept of £25,421 which represented a 5% increase on the previous year. Business rates or other taxes do not contribute to the Parish Council's income.
The audited Annual Return and accounts for 2019/20 are available to view online below, together with supporting documentation.