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Document Summary
Type: PDF
Size: 106 KB
Date: February 2025
Description: Precept Demand Supporting Statement - Hatfield Peveral 2025/26 - Precept details
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Precept Demand Supporting Statement
Budget
(anticipated spend)
Gross Expenditure by category Prior Financial Year
2024/25 (£)Current Financial Year
2025/26 (£)Staff costs 73,108.00 79,383.76 Environment 53,900.00 74,120.00 Administration/Office/Operations 35,098.00 35,443.00 Traffic 13,000.00 9,000.00 Street lighting 13,000.00 12,000.00 Allotments 4,500.00 4,500.00 Community events 8,120.00 7,045.00 NDP 5,000.00 5,000.00 Youth Services 5,000.00 3,000.00 Village Hall 0.00 20,000.00 Total Gross Expenditure 210,726.00 249,491.76 Gross Income by category Prior Financial Year
2024/25 (£)Current Financial Year
2025/26 (£)Bank interest -7,925.00 -1,030.00 Allotments -4,500.00 -4,500.00 Electricity wayleave -1.00 -1.00 Grass cutting for ECC -145.00 -150.00 Burial fees -6,000.00 -7,000.00 Sports clubs -7,750.00 -7,250.00 Street cleaning for BDC -3,900.00 -3,900.00 Community events -5,707.00 -4,282.50 Administration and advertising (magazine) fees -4,000.00 -3,400.00 Car park permits and PCNs -6,000.00 -4,000.00 Community Park 0.00 -5,000.00 Total Gross Income
(including grants/government funding)-45,928.00 -40,513.50 Totals Prior Financial Year
2024/25 (£)Current Financial Year
2025/26 (£)Total Net Expenditure 164,798.00 208,978.26 Transfer to / from (+ / -) Earmarked Reserves** 5,212.00 -12,602.50 Transfer to / from (+ / -) General Reserves 0.00 -15,375.76 Total transfer to / from (+ / -) Reserves 5,212.00 -27,978.26 Precept required (balancing figure) 170,010.00 181,000.00 Tax Base 2195.33 2253.03 Band D rate 77.44 80.34 Explanation of Variances
Expenditure: Additional funding allocated to the Village Hall of £20,000; increase in employer NI and salaries; additional funding allocated to Community Park as the project progresses (Environment); anticipated reduction in funding for traffic, streetlighting, youth services and events.
Income: Reduction in bank interest as funds moved to public sector deposit fund and treated as long-term asset; events income expected to drop due to reduction in sponsorship; car park PCNs expected to be lower; Community Park income of £5,000.