Here you will be able to read about your Parish Council’s Finances, the rules we work within and what we do with the money we receive.
The content will be updated and added to from time to time.
And from the National association of Local Councils (NALC):
Monthly income and expenditure details together with the Parish Council’s bank and investment balances are reported at each meeting of the council and detailed in the meeting minutes. This information may be found in the council MINUTES
Interim Financial Reports are published here pending the publication of audited annual accounts.
Each autumn Parish Councillors agree a budget for the following financial year and after adjustments the resulting figure (Precept) is submitted to West Dorset District Council and forms part of the calculation of the Council Tax rate.
The Bradpole Parish Council Precept receivable in 2016 – 2017 amounts to £27546.
Detailed information can be found here: Precept Budget 2016 ~ 2017
The Budget for 2017 – 2018 is here: Precept & Budget 2017-2018
The Precept for 2017 – 2018 reflects a modest increase compared to several Parish Councils in West Dorset. In a statement to Parliament in Dec 2016 the Minister for Communities & Local Government indicated that additional responsibilities will be handed down to Parish Councils and that future precepts may be increased as a direct result of those responsibilities. At Bradpole Parish Council we have a team monitoring those developments and will publish information when it is made available.
Apart from long-term and fixed assets Bradpole Parish Council maintains a balance of cash reserves. The prudent management of the Council ensures that these reserves include an amount equal to each year’s annual precept.
Additional reserves are held to enable the Council, when necessary, to replace or refurbish assets.
Occasionally grants are received to enable new items to be purchased such as picnic tables which was the case in 2015 ~2016
During 2015 ~ 2016 funds from reserves were used to replace the Climbing Tower at Pageant’s Play Area and to refurbish important parts of the Railway Crossing Gates. These expenses are reflected in the audited accounts which are available hereunder:
Previous years’ externally audited reports are here:
The audited accounts for 2016 ~ 2017 will be published here as soon as they are received from our external auditors.
For information about openness and accountability visit our Freedom of Information Act page.
For hard copies or additional information please contact the Parish Clerk