The expenses of Newton St Loe Parish Council are met mainly by the ‘precept’, part of the council tax paid by residents of the parish. The budget below shows the Parish Council’s expected expenditure, and the precept:
2017/18 financial information
Newton St Loe Parish Council has certified itself as exempt from external audit for 2017/18 (see the Certificate of Exemption below). It follows that the external auditor will not be reporting on the Annual Governance and Accountability Return (‘AGAR’) for 2017/18. The AGAR was published in accordance with the Regulations and the Transparency Code for Smaller Authorities, and public rights were advertised, and no objections to the accounts were received by the external auditor during the period permitted for objections.
Community Infrastructure Levy
Newton St Loe Parish Council received £2,626.62 Community Infrastructure Levy in 2017/18. This must be spent on the provision, replacement, improvement, operation or maintenance of infrastructure or in otherwise addressing the demands that development places on the parish. None of the Community Infrastructure Levy received had been spent as at 31 March 2018.
The Parish Council welcomes suggestions as to how the Community Infrastructure Levy received might be spent.
2016/17 financial information
Land and buildings asset information
The only land and buildings asset in which the Parish Council has an interest is the Recreation Ground, which is leased from the Duchy of Cornwall at a rent (currently) of £120 + VAT per annum. The land is described in the lease as ‘0.348 of a hectare (0.86 of an acre) or thereabouts situate in the Parish of Newton St Loe in the Bath & North East Somerset District Council and within and parcel of the Newton Park Estate Parcel of the Possessions
of the Duchy of Cornwall in the former County of Avon which said piece or parcel of land comprises portions of the closes of land numbered 2571 and 2981 on the Ordnance Survey Map of the said Parish Sheet ST 7064 (1971 Edition) (to the extent of 0.34 and 0.008 of a hectare respectively) (formerly portions of the closes of land numbered 196203 and 197 and the close of land numbered 202 on the 1932 Edition)’. It is registered at HM Land Registry with title number ST338997.
The Parish Council has one employee, the Clerk Crispin Taylor, who is paid on scale point 24 of the nationally agreed scale. The Clerk has no pension provision.