Ratby Parish Council

Serving the people of Ratby

Clerk: Linda Fogg
13 Station Road, Ratby
Leicester LE6 0JQ

Tel: 0116 239 0167

Financials

Annual Returns

Ratby Parish Council is required, in accordance with the Accounts and Audit Regulations, to complete an Annual Return setting out Accounting Statements and an Annual Governance Statement for each financial year. These statements and their supporting documentation are audited by a delegated Councillor, the Council's Internal Auditor and an External Auditor.

Financial Regulations

Precept

FINANCES 2019/20

PRECEPT 2019/20
The Precept for 2019/20 was agreed at the Parish Council meeting held on Tuesday, 11th December 2018. Details of the Precept budget as follows:
Ratby Parish Council Precept 2019/20
The Council's estimated budget for the year commencing 1 April 2019 amounts to £231,711.This budget will allow the Parish Council to continue to provide improved facilities in the village.
The estimated expenditure is as follows:

Category: Council & Office Expenditure
Budgeted amount
Salaries(inc. PAYE/NI+ Pensions) £40,511

Rates £0
Utilities - water/gas/electric/telephone/internet/IT costs £6,700
Admin/Audit Office £6,000
Room Hire - meetings etc. £500

Subscriptions - advisory bodies etc. £1000
Training/Travel expenses £350
Christmas expenses £8,500
Donations £1,200
Publicity £500
Insurance £3,500
Skip Hire £2,000
Dog waste service £3,500
Repairs & development £14,000

Category: Recreations Areas & Environment
General maintenance £20,000
Rent for Burroughs Rd – play area field £400
Play equipment maintenance £8,000
New Play equipment £10,000
Grounds maintenance £72,000
Seats,boards,signs,litter bins £6,000

Flower boxes, hanging baskets etc. £3,200

Category: Village Support
Churchyard £800
War Memorial £800
Youth Projects 10,000

Village sign £500

CCTV Maintenance £1,000


Category: Contingency (emergency repairs/consultancy etc.) £14,000

Parish and Town Councils raise their money primarily from a levy called a precept. Any Town or Parish within the district of Hinckley & Bosworth that precepts for more than £140,000 each year has to inform its residents of that fact and provide a breakdown of how it intends to spend it.

Each January this Council's precept is agreed by Members through a process of setting budgets which forecast the expected expenditure and income for the following financial year. The precept is collected by the Borough Council on behalf of the parish council in the form of Council Tax, to which all of Ratby's electorate contribute.