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).
Draft Budget 2023/24
23/24 Draft Budget Notes
£
Opening Balance
INCOME
Precept
VAT 900.00
Bank Interest
Grasscutting cont's from LCC 1,063.13 Based on 22/23 figures
HMRC PAYE Repayment
Grants
Allotment rent 250.00 £25 pa x 10
Pavilion Rent 560.00 £7 ph x 2 x 40 weeks
Football Club rent 250.00 As previously discussed
Total 3,023.13
EXPENDITURE
Day to Day Running
Clerk's Salary 6,500.00 Allows for increase in hours or overtime and/or uplift
PAYE/NIC 1,750.00 Allows for above and possible inclusion in pension scheme
Rent (Mtgs) 308.00 Allows for 14 mtgs at £22 each
Play Park 2,000.00 Allows for maintenance, inspection, repairs and replacements
Tennis Courts 500.00 Allows for maintenance etc
Grasscutting/maintenance of right of way footpaths 1,000.00 Paths x 6 grass, 1 hard surface
Seats 200.00 Maintenance of x3 and area surrounding
Bus Shelters 80.00 Sweeping of x5 once every other month
Subscriptions 650.00 LALC, SLCC, Allotment Soc.,
Grants 600.00 Allows for 3 grants of £200 each
Publications and Training 300.00
Insurance 1,300.00 Allows for possible increase due to tax and addition of assets
Audit 240.00 22/23 £40 internal audit, £200 external
Wreaths 37.00 Remembrance wreaths x 2
Speed Sign -
Shrub/hedge/noticeboard etc Maintenance in G&M 500.00
Defibrillator -
Elections -
Allotments/Football Field/Pavilion 3,000.00 Grasscutting, power, maintenance etc.
Amenity Grasscutting 1,200.00 Allows for approx. 12 cuts with a cylinder mower and follow up strimming (weather permitting)
General Reserve -
Platinum Jubilee -
VAT -
Total Day to Day Running 20,165.00
EARMARKED RESERVES
EMR War Memorial -
EMR Specialist .gov email addresses/IT 500.00 = Balance at end 2022/23 + 500
EMR Speed Sign 1,000.00 = Balance at end 2022/23 + 1000
EMR Play Park 500.00 = Balance at end 2022/23 + 500
EMR Elections 500.00 = Balance at end 2022/23 + 500
EMR Audit 100.00 = Balance at end 2022/23 + 100
EMR Allotment/Football Field/Pavilion 500.00 = Balance at end 2022/23 + 500
EMR Defibrillator 100.00 = Balance at end 2022/23 + 100
EMR Tennis Courts 1,000.00 = Balance at end 2022/23 + 1000
EMR Grasscutting (verges and Bulldog Crescent) -
EMR Streetlights -
EMR Contingency 1,000.00 = Balance at end 2022/23 + 1000
EMR Noticeboards 200.00 = Balance at end 2022/23 + 200
EMR Filing Cabinets/Office Equipment - = Balance at end 2022/23 + 150
EMR Future Commitments -
EMR Community Projects -
EMR Green Projects -
Total Earmarked Reserves 5,400.00
Expenditure Total 25,565.00
Precept (expenditure minus income) 22,541.87
22/23 Cost per band d property (based on 22/23 tax base) 39.31
23/24 Cost per band d property (based on 22/23 tax base) 35.72
23/24 Change in band d (based on 22/23 tax base) (3.59)
23/24 Monthly cost per band d property (based on 22/23 tax base) 2.98
23/24 weekly cost per band d property (based on 22/23 tax base) 0.69
23/24 % increase (based on 22/23 tax base) -9%
- The meeting closed at 6.10pm.
Signed_______________________ (Chairman) Dated_________________________