The Parish Council's primary source of income is the annual precept payment. The precept is received in two instalments and is governed by the current Local Government Finance Settlement policy. The budget process can be found Here
A financial plan is created to actively support decision making in the management of the PC's business.
The financial budget plan is updated at the end of each quarter and aligned with the definitive balance figures as recorded by the Financial Responsible Officer. The plan is then enhanced with a forward looking view of income /expenditure to produce a working estimated outturn for the end of the financial year.
The definitive figures must always be obtained from the financial RO.
If you wish to know more please come along to the scheduled meetings