At its meeting on January 17th 2017, the Parish Council agreed the precept for 2017/18. The PC’s precept is collected by Gedling Borough Council as part of the Council Tax bill.

WPC has agreed to raise its precept this year to £67,645. The impact for each housing band is shown at the foot of this article.

WPC has applied substantial increases to the precept over the last two years (as shown in the table below) to make significant investment in play and recreation. As austerity bites, it has been harder for a parish like Woodborough to secure grants, with grant providers like Notts County Council focusing more on the deprived areas of the county.

An increase of £12,915 was raised in 2016/17 to contribute to the £30,000 that WPC committed in its budget towards new play equipment for the Governors’ Field. In its budget for 2017/18, WPC has committed a further £20,402 towards the new play equipment. This means that – with a grant from WREN for £50,000 (secured by the marvellous endeavours of the GREAT  team headed up by Ian Brown) – a minimum of £90,000 will be available to transform play for Woodborough’s children this year. Further grant applications – if successful – will extend the scope of the project and may even reduce the amount that is met by WPC.

 

 

2015/16

2016/17

2017/18

£ Precept

37,745

50,660

67,645

£ increase vs previous year

0

12,915

16,985

       

Reasons for increase – incremental expenditure

 

30,000 for play equipment

20,402 for play equipment

8,367 for Sam Middup Field

The acquisition of the Sam Middup Field was not included in the budget of 2016/17. The detailed accounts involved with the purchase can be viewed on the Sam Middup Field page on this website. £16,400 of the forecast expenditure for 2016/17 has been met from reserves, while the balance was met from borrowing. In 2017/18 the budgeted expenditure on the field is £8,367 which comprises repayments for the loan and the cost of further consultation and maintenance. Maintenance costs will be low during the current Farm Business Tenancy – under which WPC has agreed to let the field to a farmer in the short term while a plan for the field is developed.

The costs of the conversion of the field for recreational use will need to be considered in detail once we have consulted upon the potential facilities and design. It should be noted that WPC does not foresee making any further significant capital contribution towards Governors’ Field play equipment in 2018/19 or the following years.

Precept by band, £ per annum

 

2015/16

2016/17

2017/18

Band A

27.80

36.89

49.00

Band B

32.43

43.04

57.17

Band C

37.07

49.19

65.33

Band D

41.70

55.34

73.50

Band E

50.97

67.64

89.83

Band F

60.23

79.94

106.17

Band G

69.50

92.23

122.50

Band H

83.40

110.68

147.00

Total precept for parish

£37,745

£50,660

£67,645