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Finance

Weston Parish Council is funded by an annual payment or precept from Nottinghamshire County Council. The Parish Council must prepare a budget for each year which will cover all necessary expenditure and ask the County Council for this money in the form of the precept. This precept is collected by the County Council via the Council Tax and is paid to the parish council in 2 six-monthly sums.

When considering the level of precept to be requested for the financial year 2019/20, the Council looked carefully at where its funds are spent, for example on a plan to replacement or repair council assets such as benches and to fund maintenance and repair work on the parish clock.  It also took into consideration the year on year increase in costs such as insurance, the dog waste bin contract with Newark & Sherwood District Council and other administration costs.  With all this in mind,  the Council has agreed to a small increase in the precept requested for 2019/20 which will equate to an annual increase on the current year of £2.40 for a Band D Property.

Business rates or other taxes do not contribute to the Parish Council's income.

The audited Annual Return and accounts for 2017/18 are available to view online below, together with supporting documentation

Accounting Statement 2020-21 File Uploaded: 21 June 2021 380 KB Bank Reconciliation 2020-21 File Uploaded: 21 June 2021 72 KB Analysis of Variances 2020-21 File Uploaded: 21 June 2021 124.3 KB Annual Governance Statement 2020-21 File Uploaded: 21 June 2021 384.9 KB Certificate of Exemption 2020-21 File Uploaded: 21 June 2021 404.8 KB Internal Audit Report 2020-21 File Uploaded: 21 June 2021 445 KB Annual Audit 2019/20 File Uploaded: 15 September 2020 610.3 KB Bank reconciliation 2019/20 File Uploaded: 15 September 2020 57.9 KB Variance analysis 2019/20 File Uploaded: 15 September 2020 104.3 KB Annual Audit 2018/19 File Uploaded: 16 May 2019 3.6 MB Analysis of Variances 2018/19 File Uploaded: 16 May 2019 18.1 KB Bank Reconciliation 2018/19 File Uploaded: 16 May 2019 10.8 KB Certificate of Exemption 2018/19 File Uploaded: 16 May 2019 1.2 MB Certificate of Exemption 2017/18 File Uploaded: 1 June 2018 2.9 MB Annual Return 2017/18 File Uploaded: 1 June 2018 6.2 MB Audit 2017/18 File Uploaded: 1 June 2018 3.9 MB Bank Rec & Variance Analysis 2017/18 File Uploaded: 1 June 2018 3 MB Annual Return 2016/17 File Uploaded: 3 June 2017 3.1 MB Additional Audit Information 2016/17 File Uploaded: 3 June 2017 28.7 KB Internal Audit Report 2016/17 File Uploaded: 3 June 2017 537.4 KB Receipts & Payments 2016/17 File Uploaded: 3 June 2017 98.3 KB Annual Return 2015/16 File Uploaded: 1 June 2016 322.6 KB Summary of Accounts 2015/16 File Uploaded: 1 June 2016 142 KB Guide to Council Accounts File Uploaded: 1 June 2016 520.3 KB Annual Return 2014/15 File Uploaded: 4 May 2016 3.1 MB Bank Reconciliation and Variance Analysis 2014/15 File Uploaded: 4 May 2016 656.9 KB