Parish Council Accounts Summary 2023
BELSTONE PARISH COUNCIL
Belstone Parish Council Accounts Summary 2022-23
Total expenditure 2022-23 £3,378.20
| Expenditure | Amount | Percentage of total expenditure | Comments |
| Cost of Clerk | £2,348.24 | 70% | |
| Jubilee Project | £380.69 | 11% | Half cost of engraving (rest previous year) and stakes for tree |
| Admin and overheads Costs | £443.47 | 9% | Subscriptions, fees, audit, training, hall rental, stationery, repairs etc |
| Website and Emails | £155.64 | 5% | |
| Insurance | £145.80 | 4% | |
| Grants to Charities | £60.00 | 2% | |
| Total | £3,378.20 | 100% |
Money was also put into an ear-marked reserve for possible election costs £160.
This compares to total expenditure:
2021-22 £2,831.86
2020-21 £2,230.97
Total income 2022-23 £3,935.69
| Income Source | Amount | Percentage of total income |
| WDBC Precept | £3,408.00 | 87% |
| Grants | £350.00 | 9% |
| VAT Refund | £106.82 | 3% |
| Other (compensation from bank) | £69.00 | 2% |
| Interest | £1.87 | 0% |
| Total | £3,935.69 | 100% |
Council Budget 2023-24 £5,163
The budget for the financial year starting 1st April 2023 was agreed in January 2023. The precept (the money that the Parish Council receives through Council Tax) increased by £92 to £3,500 or £28.36 a year for an average (Band D) property. This is a 1.75% increase in the rate for a Band D property, or 49p for the year.
The Council plans to take the majority of the costs for the coronation engraving from the reserves. It was expected to take £580 out of the election reserve, but as there were only as many candidates as seats, there was no need to spend this.
The increase is a slight increment for inflation, and an increased contingency. An amount of £75 will be put into an ear-marked reserve for future car park costs. The recent car park work (budgeted at £420, but actually £611) is being covered by donations from local businesses and organisations, but this is included in the total budget figure.