Kelvedon precept details - Parish precepts

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Type: PDF
Size: 174 KB
Date: March 2025
Description: Precept Demand Supporting Statement - Kelvedon 2025/26

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Precept details

Precept Demand Supporting Statement - Kelvedon Parish Council

Budget

(anticipated spend)

Gross Expenditure by category Prior Financial Year
2024/25		 Current Financial Year
2025/26
Staffing costs 51,300.00 52,000.00
Administration 13,600.00 13,785.00
Allotments 2,200.00 2,600.00
Grants 2,000.00 2,000.00
Community fund 9,500.00 1,900.00
Community build project - 17,000.00
Utilities 750.00 0.00
Parks and playgrounds 6,600.00 17,650.00
Environment 32,200.00 31,400.00
Accomodation 20,500.00 7,500.00
Public works loan 15,603.00 15,603.00
Car parks 4,850.00 2,800.00
Total Gross Expenditure 158,833.00 164,238.00

 

Gross Income by category Prior Financial Year
2024/25		 Current Financial Year
2025/26
CCLA dividend -7,000.00 -7,000.00
Allotment plot hire -2,900.00 -3,186.00
Rental -52.00 -52.00
Car park income -3,000.00 -3,600.00
Bad debt income and interest rcvd - -1,770.00
Total Gross Income
(including grants/government funding)		 -12,952.00 -15,608.00

 

Totals Prior Financial Year
2024/25		 Current Financial Year
2025/26
Total Net Expenditure 145,881.00 148,630.00
Transfer to / from (+ / -) Earmarked Reserves** - 17,735.00
Transfer to / from (+ / -) General Reserves - -
Total transfer to / from (+ / -) Reserves 0.00 17,735.00
Precept required (balancing figure) 145,881.00 166,365.00
Tax Base 1414.73 1536.01
Band D rate 103.12 108.31

 

Explanation of Variances

Audit requirements have stated that we must increase our reserves to be in line with their recommendations. In addition, and at great cost to the Council we have had to undertake the removal of asbestos and must now fund demolition of the condemned and unsafe pavilion building on the recreation ground. Kelvedon will also now need to bring forward necessary remedial work to a number of trees in public spaces including Brockwell Meadow, the costs of which have increased. Kelvedon has reduced its accomodation costs which has gone towards keeping the increase as low as possible.