MINUTES OF THE MEETING OF THE FINANCE COMMITTEE OF
GRIMOLDBY AND MANBY PARISH COUNCIL
HELD BY TELEPHONE CONFERENCE
ON WEDNESDAY 4th NOVEMBER 2020
Present Councillor Mrs. D. Copeland (DC) (in the chair)
Councillors: T. Knowles (TK), Mrs. E. Billings (EB)
Councillors not present: C. Fairburn (CF),
The Clerk, Mrs. L.M. Phillips was also present.
- Apologies for Absence
Apologies for absence were received from Cllr. CF.
- Chairman’s Remarks
The Chairman thanked the RFO for her work on the budget.
- Declarations of Interest / Dispensations
No declarations of interest were received.
- Budget 2020/21
The Committee examined and discussed the supporting papers and noted the current year spend and projections. Cllr. TK reminded Cllrs. that ELDC were expected to transfer ownership of the playpark and tennis courts to the Council in the next year and might also consider other transfers. The Committee discussed other costs which might be forthcoming and other projects that the Council might become involved in. It was RESOLVED to recommend to Council that the precept be decreased by £2,933.53 to the amount of £25,079.83 broken down as follows:
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Draft Budget 2021/22 |
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Proposed Budget 2021/22 |
Notes |
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£ |
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INCOME |
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Precept |
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VAT |
600.00 |
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Bank Interest |
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Grasscutting cont's from LCC |
1,012.17 |
Based on amount LCC have confirmed is due in 2020/21 |
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HMRC PAYE Repayment |
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Grants |
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Allotment rent |
125.00 |
Based on 5 x allotments being rented out |
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Pavilion Rent |
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Football Club rent |
- |
Based on waiver of original agreement re. rent until 22/23 |
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Total |
1,737.17 |
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EXPENDITURE |
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Day to Day Running |
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Clerk's Salary |
6,250.00 |
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PAYE/NIC |
1,300.00 |
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Rent (Mtgs) |
300.00 |
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Play Park |
2,000.00 |
Vire £4,000 to EMR Play Park before year end |
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Tennis Courts |
500.00 |
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Grasscutting/maintenance of right of way footpaths |
850.00 |
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Seats |
180.00 |
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Bus Shelters |
60.00 |
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Subscriptions |
600.00 |
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Grants |
800.00 |
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Publications and Training |
300.00 |
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Insurance |
1,600.00 |
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Audit |
240.00 |
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Wreaths |
37.00 |
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Speed Sign |
- |
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Shrub/hedge/noticeboard etc Maintenance in G&M |
500.00 |
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Defibrillator |
- |
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Elections |
- |
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Allotments/Football Field/Pavilion |
3,000.00 |
Vire £1,500 to EMR Play Park before year end |
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Amenity Grasscutting |
1,600.00 |
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General Reserve |
- |
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VAT |
- |
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ELDC Grant for Community Pub Steering Group |
- |
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Total Day to Day Running |
20,117.00 |
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EARMARKED RESERVES |
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EMR War Memorial |
- |
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EMR Specialist .gov email addresses/IT |
50.00 |
C/f balance at year end to make £450 |
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EMR Speed Sign |
50.00 |
C/f balance at year end to make £150 |
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EMR Play Park |
- |
£4,000 to be vired here from day to day to make balance £4,500 |
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EMR Elections |
- |
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EMR Audit |
- |
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EMR Allotment/Football Field/Pavilion |
1,000.00 |
C/f balance at year end + £1,500 from day to day to make balance of £4,500 |
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EMR Defibrillator |
100.00 |
Sinking fund for replacement. C/f balance at year end to make £500 |
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EMR Tennis Courts |
1,000.00 |
Sinking fund for maintenance/resurfacing. C/f balance at year end to make £2,000 |
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EMR Grasscutting (verges and Bulldog Crescent) |
- |
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EMR Streetlights |
- |
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EMR Contingency |
500.00 |
C/f balance at year end to make £1,000 if nothing spent in 20/21 |
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EMR Noticeboards |
1,500.00 |
C/f balance at year end to make £3,000 if nothing spent in 20/21 |
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EMR Filing Cabinets |
- |
C/f balance at year end to make £350 |
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EMR Future Commitments |
1,000.00 |
C/f balance at year end to make £4,000 |
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EMR Community Projects |
1,000.00 |
C/f balance at year end to make £2,000 |
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EMR Green Projects |
500.00 |
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Total Earmarked Reserves |
6,700.00 |
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Expenditure Total |
26,817.00 |
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Precept (expenditure minus income) |
25,079.83 |
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20/21 Cost per band d property (based on 20/21 tax base) |
46.68 |
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21/22 Cost per band d property (based on 20/21 tax base) |
41.79 |
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21/22 Change in band d (based on 20/21 tax base) |
(4.89) |
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21/22 Monthly cost per band d property (based on 20/21 tax base) |
3.48 |
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21/22 weekly cost per band d property (based on 20/21 tax base) |
0.80 |
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21/22 % increase (based on 20/21 tax base) |
-10.48% |
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- Minutes
The Committee noted that the draft notes of the Finance Committee meeting would be presented to full Council on 18th November 2020.
The meeting closed at 7.09pm.
Signed_______________________ (Chairman) Dated_________________________