Snape with Thorp Parish Council - Budget setting for 2020/21
NOTE: the following does not take into account:
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2019/20 |
2019/20 |
2019/20 |
Budget for 2020/21 |
Comment re budget setting |
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Budget |
Current position |
Expected year end
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Expected Year-end surplus for PC |
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4707.33 |
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Excludes PFC funding of £788 |
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ORDINARY EXPENDITURE |
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Payments |
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Grass cutting & village maintenance |
2500.00 |
1918.80 |
1918.80 |
2500.00 |
Actual costs depends on growing season |
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Salary and Tax |
1300.00 |
638.00 |
1198.00 |
1300.00 |
Pay rate increased to £9.00 per hour from April 2019 No tax payable up to September 2019 due to tax credit situation |
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Expenses |
500.00 |
200.02 |
300.00 |
500.00 |
Includes for costs of newsletter plus postage and printing costs etc |
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Audit |
240.00 |
240.00 |
240.00 |
0.00 |
Expect Council to meet exemption for full Audit review ie gross income and expenditure under £25k |
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Insurance |
460.00 |
535.84 |
535.84 |
560.00 |
Includes £60 for Bank Holiday event (which was then reimbursed by show Committee) plus 3% increase for 20/21 |
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Playground (safety check) |
95.00 |
94.80 |
94.80 |
98.00 |
Includes for increase of 3% for 20/21 |
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Subscription - YLCA |
153.00 |
132.00 |
132.00 |
135.00 |
Notified of 2.25% increase for 20/21 |
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Loan repayment |
1026.74 |
513.37 |
1026.74 |
513.37 |
Ends in August 2020 |
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ICO registration fee |
35.00 |
35.00 |
35.00 |
35.00 |
New in 2018/19. No indication of increase in 20/21 |
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Election costs |
400.00 |
100.00 |
100.00 |
0.00 |
2019/20 - Worst case scenario – estimated cost of contested election - £1200 paid over 3 years. However no contested election therefore £100 only |
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Total |
6709.74 |
4407.83 |
5581.18 |
5641.37 |
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Extraordinary payments
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Donations |
135.00 |
100.00 |
100.00 |
135.00 |
RBL, Air Ambulance x 2 and Citizen’s Advice in 2019/20 |
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Others |
350.00 |
50.00 |
90.00 |
350.00 |
Room hire for meetings only in 2019/20 |
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Avenue |
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960.00 |
1500.00 |
100.00 |
Spends 2019/20 avenue allocation. Further survey costs and expected costs of works during current year. Replacement tree in 2020/21. |
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Playground |
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Defibrillator |
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100.00 |
Payment for pads and battery pack = £315 – assume £100 per year to be allocated to build up fund for future costs |
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Reserve for Avenue and trees |
500.00 |
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500.00 |
£500 continues normal arrangements; higher costs in 2019/20 due to surveys and works (see above) |
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Allocation for Playing field |
150.00 |
150.00 |
150.00 |
150.00 |
Continues normal arrangements |
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Allowance for extraordinary expenses |
1000.00 |
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1000.00 |
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Bridges and footpath repairs |
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1000.00 |
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Not included for budgeting purposes but agreed that £1k of PC funds would be used towards costs |
Total |
2135.00 |
1260.00 |
2840.00 |
2335.00 |
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Total expenditure |
8844.74 |
5667.83 |
8421.18 |
7976.70
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ORDINARY INCOME
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Wayleave |
3.45 |
3.45 |
3.45 |
3.45 |
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Bank Interest |
Created: 24/05/2021 / Last Modified: N/A | ||||