Budget Financial Year 2022-2023

The PC believes that the relatively small amount of money it raises through the precept and spends on the parish has a large and noticeable impact on residents.  The PC provides and/or looks after many village assets such as playgrounds, litter, streetlights, speed warnings, defibrillators, bus shelter, notice boards, public green areas, and footpaths and most of the precept is spent every year on regular expenses.

Notes for Budget Financial Year 2022-2023:

  • Regular expenses
    • Most regular expenses are similar to last year
  • Maintenance and Repairs – Assets
    • Having made some much needed repairs to the playground equipment in 2021, further one-off repairs are required to some of the playground equipment
  • Capital Projects
    • At the end of 2020, as part of its efforts to keep the precept as low as possible, the PC had used up most of its reserves.
    • In financial year 2021/2022, the PC anticipated a number of beneficial capital projects that might materialise over the long term in the next few years. Some of these projects attract external funding if the PC provides match funding.
    • To be able to react to these opportunities, the PC believes that in the financial year 2022-2023 it is prudent to continue to ensure that adequate funding for discretionary capital projects is available. This decision is reviewed every year.
    • Any underspend on capital budgets is added to PC reserves, thus strengthening the PC’s financial position and ability to pursue capital projects and take advantage of funding opportunities.
  • Precept 2022-2023:
    • The precept for 2022-2023 is unchanged from 2021-2022
    • As an example, a Band D house will pay £1.52 per week