The only means of income that the Parish Council has is a precept paid in two equal annual instalments by Herefordshire Council. To receive those payments, the Parish Council must prepare, approve publicly and then submit an annual budget to the County – once approved, the precept forms part of the council tax payments which each household pays. This means The Parish Council is spending public money which is why every meeting has a finance section where every payment is publicly stated. As pressure on the Parish Council to fund services locally increases, it is likely that the precept part of your council tax may also have to increase.
Timetable to setting the budget:
October: draft budget proposals will be circulated to Councillors for consideration
November meeting: the budget will be discussed in public
December meeting: any outstanding queries will be addressed and the budget finalised and approved
31st December 2018: Herefordshire Council’s deadline for submission of budgets for the following April-March year.
Below is a link to the 2017/18 Budget and the 2018/19 budget as approved by the Parish Council at its meeting in November 2017