Finances

Finance Policies

FINANCE POLICIES

The Parish Council maintains a set of financial policy, procedure and reporting documents to help it carry out its duties effectively and to comply with regulations.

Financial policies are available on the Policies Page

Council Tax Precept

THE COUNCIL TAX PRECEPT

The precept is the parish council’s share of the council tax.  The precept demand goes to the billing authority, Broadland District Council, which collects the tax for the Parish Council. The 'Precept' is converted into an amount per Council Tax Band that is added onto the Council Tax bill.  Income and expenditure for the next financial year are calculated in the form of estimates. 

 

Parish and town councils can apply for other funding such as grant and funding awards, but they do not receive funds direct from central government as principal authorities do.