The Parish Council are required to provide details of every payment that they make over £500 as part of the Transparency Code.
Please see the documents set out below
The first Financial Year completed on 31 March 2018. The accounts have been audited by the Internal Auditor and have been submitted to the External Audit. The accounts are now available for the public to inspect. More details are available below.
The budget is an essential tool for controlling the Council’s finances. The budget provides us with the confidence to ensure sufficient income is available throughout the year to pay for any services and expenditure for any planned projects. By checking our spending against the budget plan, the council controls its finances during the course of the financial year and makes progress towards what we wish to achieve.
The Parish Council has to apply to Swindon Borough Council each year for its Precept.
The Precept is the money which is given to the Parish Council to run all Council business. A percentage of the council tax which is paid by residents is based upon the amount of Precept requested by the Parish Council.
The other income received by the Parish Council is from Redhouse Community Centre takings, any grants received for specific projects, and bank interest.
From all income received, the Parish Council then has to pay for things like insurance, utilities and maintenance, grass cutting for all open spaces, parish maintenance, play areas, emptying of the litter and dog bins, audit fees and staff salaries. With any money left over which the Parish Council can accrue, this will then be spent on costs associated with other projects being undertaken.
The Parish Council approves the budget at its meeting in January of each year.
On 10th April 2019 the Parish Council made a Scheme of Members' Allowances which came into effect on 1st April 2019. Details to follow shortly.