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neil
Forum Owner / Moderator
United Kingdom
2623 Posts |
 Posted - 13 Mar 2012 : 13:37:47
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Here is an extract from the Councils Policy & Finance Committee Meeting on 20 December 2012 - published on the AVL News page: quote:
2012/2013 Budget & Precept
The Clerk had produced an analysis of the standstill budget position which showed that adding known inflation to existing budgets amounted to an increase of £2,433 or 1.07% of the precept for the current year which was £226,923, or £69.72 for every Band D property.
On a proposal by Councillor Francis, seconded by Councillor Leverick it was RESOLVED to recommend to the Parish Council that the basic precept for 2012/2013 be kept at the same figure as for 2011/2012, and that additional amount of £34,330 be raised to cover the cost of funding the proposed purchase of the library building. The overall precept would therefore be set at £261,253, or £80.07 per Band D.
It was further suggested that the extra precept for the library would be ringfenced and used solely for that purpose. In addition, an initial contribution of £30,000 would be placed in the proposed Repairs & Renewals Fund, funded from the Section 106 Reserve.
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