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Finances

Budget

Flaunden Parish Council sets its own budget annually in December for the following financial year. This is done by estimating expenditure including major projects, upgrading existing facilities, ongoing maintenance etc. This is then compared with likely income including the annual precept and grants from County and Borough Councils.

Precept

Before setting the budget Councillors determine the precept for the following year, taking into account outside factors such as the rate of inflation, cost of living and the economic climate. Once this has been done priorities are agreed and the budget set.  The latest precept application is shown below.

Precepts for recent years have been:

Year Amount £ Resource Base Band D Levy
2018-19 5,281 173 £30.54
2017-18 5,240 175 £29.94
2016-17 5,299 177 £29.94
2015-16 5,219 174.3 £29.94 

Expenditure

Expenditure is reviewed regularly by Council and compared with the Budget Forecast.

Audit

The Annual Accounting and Governance Statements are considered annually by an Internal Auditor appointed from outside the village.  His report is included in the information below.

Financial Information

The Annual Return and Accounting information are shown below.  A new Tranparency Code was issued in 2017, which increased the information that a Parish is required to publish, and so you will see more statements for 2017-18 than previously.  If you would like to inspect the financial records of the Parish, the RFO is happy to make accounting records available to any parishioner with reasonable notice and at a reasonable time.

 

2018-19

Payments and Receipts List ye 31 March 2019.pdf

Income and Expenditure Forecast for Year v Annual Budget.pdf

Precept Request 2018-19 signed.pdf

Precept Calculationt ye 31 March 2019.pdf

2017-18

Annual Governance Statement 2017-18.pdf

Annual Accounting Statements and Explanation of Variances 2017-18.pdf

Bank Reconciliation 31 March 2018.pdf

Annual Internal Audit Report 2017-18.pdf

Certificate of Exemption ye 31 March 2018.pdf

Payments & Receipts List ye 31 March 2018.pdf

2016-17

Annual Governance Statement 2016-17.pdf

Accounting Statement with RFO Certificate for publication.pdf

Payments & Receipts List ye 31 March 2017.pdf

2015-16

Annual Return ye 31 March 2016.pdf

Annual Return ye 31 March 2015.pdf

Accounts ye 31 March 15 with Bank Reconciliation.pdf