Funding and Spend

Where do we get our money from?

Each year a sum of money called a 'precept' is collected through your council tax.  This is paid to the Parish Council in 2 six-monthly sums in April and October.   The Parish Council, assisted by the Clerk, calculate and decide the following financial year's Parish Precept at their Budget meeting in November and ratify the decision at their December meeting.  

In December 2018, the Parish Precept for the financial year 6 April 2019 - 5 April 2020 was set at £10,000.

To supplement this locally-collected money, we also apply to grant and fund providers to secure further resources to invest in the community.   These grants and donations received are recorded in the Annual Accounts.

What do we spend the money on?

This money is invested back in our local neighbourhood by the Parish Council to maintain and improve facilities and services for you and your neighbours.  

For the latest information on Council spending decisions, contracts and financial transactions, you can view the minutes of meetings, contact the Clerk or check out the Chair's Blog in the 'Dover Beck' and on the Home page of this website.    

The Annual Accounts are presented at the Annual Parish Meeting each May and are archived in the Accounts section of this site.

What is the current average (Band D) household contribution to the Precept in Oxton?

for 2011/12:   £31.03
from 2012/13:  £31.03 (estimate subject to any change in Oxton's tax base calculated by NSDC)

Each November, the Parish Council meet to discuss and agree the following financial year's precept i.e. how much money we have to spend in Oxton for that year.

The following information was provided by NSDC's Principal Revenues Officer in August 2011: