Draft Finance Committee Minutes November 2022
MINUTES OF THE MEETING OF THE FINANCE COMMITTEE OF
GRIMOLDBY AND MANBY PARISH COUNCIL
HELD IN THE PAVILION, GIBSON WAY
ON WEDNESDAY 2nd NOVEMBER 2022
Present Councillor Mrs. E. Billings (EB) (in the chair)
Councillors: T. Knowles (TK), C. Fairburn (CF)
Councillors not present: Mrs. N. Turney (NT), M. Bruce (MB)
The Clerk, Mrs. L.M. Phillips was also present.
- Apologies for Absence
No apologies for absence were received.
- Chairman’s Remarks
The Chairman had no remarks to make.
- Declarations of Interest / Dispensations
No declarations of interest were received.
- Budget 2023/24
The Committee examined and discussed the draft budget, noting the current year spend and projections. Cllr. TK reminded Cllrs. that the Council would shortly take ownership of the playpark and tennis courts. Councillors discussed the draft budget and it was RESOLVED to recommend to Council that it precept for an amount of £22,541.87 a decrease on 22/23 which equates to an approximate change in cost per band d property of -9% or a decrease of £3.59. (Council to note these calculations are based on 22/23 tax base figures and should decrease further when current tax base figures are released).
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Draft Budget 2023/24 |
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23/24 Draft Budget |
Notes |
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£ |
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Opening Balance |
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INCOME |
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Precept |
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VAT |
900.00 |
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Bank Interest |
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Grasscutting cont's from LCC |
1,063.13 |
Based on 22/23 figures |
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HMRC PAYE Repayment |
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Grants |
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Allotment rent |
250.00 |
£25 pa x 10 |
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Pavilion Rent |
560.00 |
£7 ph x 2 x 40 weeks |
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Football Club rent |
250.00 |
As previously discussed |
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Total |
3,023.13 |
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EXPENDITURE |
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Day to Day Running |
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Clerk's Salary |
6,500.00 |
Allows for increase in hours or overtime and/or uplift |
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PAYE/NIC |
1,750.00 |
Allows for above and possible inclusion in pension scheme |
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Rent (Mtgs) |
308.00 |
Allows for 14 mtgs at £22 each |
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Play Park |
2,000.00 |
Allows for maintenance, inspection, repairs and replacements |
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Tennis Courts |
500.00 |
Allows for maintenance etc |
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Grasscutting/maintenance of right of way footpaths |
1,000.00 |
Paths x 6 grass, 1 hard surface |
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Seats |
200.00 |
Maintenance of x3 and area surrounding |
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Bus Shelters |
80.00 |
Sweeping of x5 once every other month |
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Subscriptions |
650.00 |
LALC, SLCC, Allotment Soc., |
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Grants |
600.00 |
Allows for 3 grants of £200 each |
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Publications and Training |
300.00 |
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Insurance |
1,300.00 |
Allows for possible increase due to tax and addition of assets |
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Audit |
240.00 |
22/23 £40 internal audit, £200 external |
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Wreaths |
37.00 |
Remembrance wreaths x 2 |
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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 |
Grasscutting, power, maintenance etc. |
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Amenity Grasscutting |
1,200.00 |
Allows for approx. 12 cuts with a cylinder mower and follow up strimming (weather permitting) |
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General Reserve |
- |
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Platinum Jubilee |
- |
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VAT |
- |
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Total Day to Day Running |
20,165.00 |
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EARMARKED RESERVES |
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EMR War Memorial |
- |
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EMR Specialist .gov email addresses/IT |
500.00 |
= Balance at end 2022/23 + 500 |
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EMR Speed Sign |
1,000.00 |
= Balance at end 2022/23 + 1000 |
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EMR Play Park |
500.00 |
= Balance at end 2022/23 + 500 |
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EMR Elections |
500.00 |
= Balance at end 2022/23 + 500 |
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EMR Audit |
100.00 |
= Balance at end 2022/23 + 100 |
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EMR Allotment/Football Field/Pavilion |
500.00 |
= Balance at end 2022/23 + 500 |
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EMR Defibrillator |
100.00 |
= Balance at end 2022/23 + 100 |
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EMR Tennis Courts |
1,000.00 |
= Balance at end 2022/23 + 1000 |
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EMR Grasscutting (verges and Bulldog Crescent) |
- |
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EMR Streetlights |
- |
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EMR Contingency |
1,000.00 |
= Balance at end 2022/23 + 1000 |
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EMR Noticeboards |
200.00 |
= Balance at end 2022/23 + 200 |
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EMR Filing Cabinets/Office Equipment |
- |
= Balance at end 2022/23 + 150 |
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EMR Future Commitments |
- |
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EMR Community Projects |
- |
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EMR Green Projects |
- |
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Total Earmarked Reserves |
5,400.00 |
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Expenditure Total |
25,565.00 |
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Precept (expenditure minus income) |
22,541.87 |
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22/23 Cost per band d property (based on 22/23 tax base) |
39.31 |
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23/24 Cost per band d property (based on 22/23 tax base) |
35.72 |
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23/24 Change in band d (based on 22/23 tax base) |
(3.59) |
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23/24 Monthly cost per band d property (based on 22/23 tax base) |
2.98 |
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23/24 weekly cost per band d property (based on 22/23 tax base) |
0.69 |
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23/24 % increase (based on 22/23 tax base) |
-9% |
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- The meeting closed at 6.10pm.
Signed_______________________ (Chairman) Dated_________________________