MINUTES OF THE MEETING OF THE FINANCE COMMITTEE OF

GRIMOLDBY AND MANBY PARISH COUNCIL

HELD BY TELEPHONE CONFERENCE

ON WEDNESDAY 10th NOVEMBER 2021

 

Present                                       Councillor Mrs. E. Billings (EB) (in the chair)

Councillors:      T. Knowles (TK), C. Fairburn (CF)

Councillors not present: Mrs. D. Copeland (DC)

The Clerk, Mrs. L.M. Phillips was also present.

  1. Apologies for Absence
    Apologies for absence were received from Cllr. Mrs. DC.
     
  2. Chairman’s Remarks
    The Chairman had no remarks to make.
     
  3. Declarations of Interest / Dispensations
    No declarations of interest were received. 
     
  4. Budget 2022/23
    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 soon.  Councillors discussed the draft budget and it was RESOLVED to recommend to Council that it precept for an amount of £25,079.83 a decrease of £277 on 21/22 which equates to an approximate change in cost per band d property of -1% or a decrease of 45p.  (Council to note these calculations are based on 21/22 tax base figures and should decrease further when current figures are released).
     

Draft Budget 2022/23             

                                                                                 22/23

                                                                           Draft Budget                              Notes

                                                                                     £   

                                                                                              

 Opening Balance                                                                    

                                                                                              

INCOME                                                                               

Precept                                                                                   

VAT                                                                        600.00    

Bank Interest                                                                          

Grasscutting cont's from LCC                                 1,012.17      Based on 20/21 figures

HMRC PAYE Repayment                                                       

Grants                                                                                    

Allotment rent                                                          250.00      £25 pa x 10

Pavilion Rent                                                            700.00      £7 ph x 2 x 50 weeks

Football Club rent                                                     250.00      As agreed

Total                                                                     2,812.17    

                                                                                              

EXPENDITURE                                                                     

Day to Day Running                                                               

Clerk's Salary                                                        6,250.00     Allows for increase in hours or overtime and/or uplift

PAYE/NIC                                                            1,500.00     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                                                              1,650.00     Allows for possible increase due to tax and addition of assets

Audit                                                                       240.00     21/22 £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                                                                -    

 VAT                                                                                 -    

 Total Day to Day Running                                   20,015.00    

                                                                                              

 EARMARKED RESERVES                                                   

 EMR War Memorial                                                          -    

 EMR Specialist .gov email addresses/IT                    550.00      = Balance at end 2021/22 + 550

 EMR Speed Sign                                                  1,000.00      = Balance at end 2021/22 + 1000

 EMR Play Park                                                        500.00      = Balance at end 2021/22 + 500

 EMR Elections                                                     2,000.00      = Balance at end 2021/22 + 2000

 EMR Audit                                                              100.00      = Balance at end 2021/22 + 100

 EMR Allotment/Football Field/Pavilion                    500.00      = Balance at end 2021/22 + 500

 EMR Defibrillator                                                    100.00      = Balance at end 2021/22 + 100

 EMR Tennis Courts                                              1,000.00      = Balance at end 2021/22 + 1000

 EMR Grasscutting (verges and Bulldog Crescent)                               -              

 EMR Streetlights                                                           -      

 EMR Contingency                                                1,000.00      = Balance at end 2021/22 + 1000

 EMR Noticeboards                                                   700.00      = Balance at end 2021/22 + 700

 EMR Filing Cabinets/Office Equipment                    150.00      = Balance at end 2021/22 + 150

 EMR Future Commitments                                                 -      = Balance at end 2021/22 

 EMR Community Projects                                                  -      = Balance at end 2021/22 

 EMR Green Projects                                                          -      = Balance at end 2021/22 

 Total Earmarked Reserves                                     7,600.00    

                                                                                              

 Expenditure Total                                               27,615.00    

                                                                                              

Precept (expenditure minus income)                     24,802.83    

                                                                                            

21/22 Cost per band d property (based on 21/22 tax base)                    41.11      

22/23 Cost per band d property (based on 21/22 tax base)                     40.66      

22/23 Change in band d (based on 21/22 tax base)                              (0.45)      

22/23 Monthly cost per band d property (based on 21/22 tax base)          3.39      

22/23 weekly cost per band d property (based on 21/22 tax base)            0.78      

22/23 % increase (based on 21/22 tax base)                                          -1%      

 

 

The meeting closed at 8.10pm.

 

 

 

 

Signed_______________________ (Chairman)                Dated_________________________