The Parish Council maintains a set of policies and procedures to help carry its duties out effectively and to comply with regulations. These documents are reviewed and updated where required.
Our financial year runs from 1 April to 31 March. We agree an annual budget in January each year and also decide how much the annual Precept should be set at. We submit our annual accounts in the form of an Annual Governance and Accountability Return (AGAR) to the external auditor, PKF Littlejohn.
All the Councils finances and procedures are fully audited annually by an external party.
2022-23 Financial Year
2021-22 Financial Year
2020-21 Financial Year
Apply to the Clerk/Responsible Finance Officer. for copies of previous yearly papers.
POLICIES & DOCUMENTS
Have you noticed a small entry on your council tax bill from GYBC called the precept? This is the amount of money the Parish Council asks GYBC for each year, which is spent on providing services to the village at a local level.
The amount of the precept you pay, via GYBC, depends on whether you occupy a band A, B, C, D etc dwelling.
By way of an example, at present (to 31 March 2023) a band D property contributes £28.21 per year by way of precept via their council tax bill.
From 1 April 2023, the Parish Council has called for a slight increase in the precept due to the higher cost of providing services, utility bills etc. The band D precept will be £32.08, which is an increase of £3.87 PER YEAR, equivalent to 32p PER MONTH. GYBC pay the precept to the Parish Council in two half yearly instalments.
Much discussion took place by Parish Councillors concerning the reserve fund held and how an increase of this amount would still require the Parish Council to use a substantial amount of those reserve funds. However, it was felt that to increase the precept any further, at this time of economic hardship, would not be the right course of action.
The Council Tax Precept
The precept is the parish council’s share of the council tax. The precept demand goes to the billing authority, Great Yarmouth Borough Council, which collects the tax for the Parish Council. The 'Precept' is converted into an amount per Council Tax Band that is added onto the Council Tax bill. Income and expenditure for the next financial year are calculated in the form of estimates.
Parish and town councils can apply for other funding such as grant and funding awards, but they do not receive funds direct from central government as principal authorities do.
Copies of documents are available from the Clerk upon request.