Budget 2019/20 Summary

 Newport Town Council Budget for 2019/20

In January the Town Council set the budget for financial year 2019/20.

The budget prompts an increase of 1.62% per Newport household which for a band D property will be £116.64 for the year.  The £116.64 will form part of your Council Tax bill.   

It is important to understand that this is the Newport Town Council element of the overall council tax bill that residents will have received from Telford & Wrekin Council in early March.  That will comprise additional elements such as Telford & Wrekin Council’s tax bill along with those of the Police and Fire authorities.

The Town Council’s services include; the running of the cemetery, allotments, much of the footway lighting, grounds maintenance of St Nicholas Church, Close Circuit Television, Christmas lights and the provision of a Citizen’s Advice Bureau outreach worker.  High Street floral planting and watering of the hanging baskets is largely funded by Newport Town Council.  Significant levels of grant funding have also been made available to local organizations.  Maintaining the Guildhall is a significant cost to the Council as is the provision of the administrative resources that permit the Council to function. Newport Town Council will continue to provide funding to keep the Library open and pay for additional police.

Income is generated generally through burials, allotment and room hire (civil ceremonies mostly) fees and offsets a small amount of the overall expenditure.   Fees for Newport residents (e.g. allotments, funerals etc.) have been increased broadly in line with inflation. It should be noted that residents of Newport receive significant concessions on many of the fees charged.

The Town Council holds a significant amount of funds in reserve.  Much of that is earmarked for large ticket items including, on-going maintenance and refurbishment of the Grade 2* listed Guildhall, Cemetery Development, additional parking, Community Building, as well as additional allotment land development.

There are a number of projects allocated for 2018/19 which an estimated underspend was agreed by the Council to be carried forward to FY 2019-20 (which are to be accounted for from general reserves and not 2019/20 precept)

4071 – Election - £4k              4097 – NDP - £2k                    4180 – Telford @ 50 - £10k       4181 – Hub - £10k                        4183 – Pathways - £25k                      4214 – CCTV - £38k   

4355 – Canal - £9,413 (current underspend)

If you are a Newport resident and have views on where your money looks to be spent then please contact one of your local town councillors.


 

Cost Centre

Expenditure

17/18 Actual

18/19 Budget

18/19 predicted spend

19/20 Budget

102

Admin Members

6,620

8,710

7,340

9,730

103

Admin Services & Supplies

8,125

30,615

10,575

29,125

109

Admin Other

30,080

34,940

23,721

45,570

111

Guildhall Caretaking Cleaning

296

460

300

400

112

Guildhall Services

5,654

7,053

6,298

7,660

113

Guildhall Maintenance

3,877

17,330

5,910

5,850

114

Guildhall 3/3a

453

300

200

475

115

Community Assets

 

0

25,000

67,000

161

Grants

11,750

42,500

30,500

24,000

162

Grants S142 (CAB)

5,500

5,650

5,500

6,030

200

Loan repayments

11,607

4,906

4,907

4,907

130

LES Cemetery services

20,395

26,005

21,715

23,935

131

LES Burials

7,139

7,250

7,350

7,770

140

Devolved Svc & Street

31,574

47,361

32,696

48,922

141

St Nicholas Church

3,429

3,600

7,100

11,500

142

LES - MVR allotments

827

1,665

1,400

1,850

143

LES - BR allotments

375

380

380

435

144

LES-Council Events

24,764

40,735

69,035

40,358

160

Hub Grant (youth café)

4,500

4,500

4,500

5,500

120

CS - Public lighting

138,469

28,500

35,500

33,700

121

Community Safety - CCTV

3,019

44,050

5,000

44,290

129

CS - Other

15,199

43,160

43,200

32,700

145

CS Toilets

17,911

20,445

19,545

20,715

101

Admin Employees

143,313

150,050

143,150

156,300

Expenditure Sub Total

494,876

570,165

510,822

628,722

Income other than precept

 

 

 

 

100

Admin income

25,252

24,900

81,029

24,500

110

Guildhall Income

4,954

4,300

5,300

3,800

130

LES - Cemetery Services

39,669

35,000

30,000

30,000

142

LES - MVR allotments

1,945

1,878

1,874

1,940

143

LES - BR allotments

440

418

424

439

144

LES - Council Events

61

0

0

0

Income Sub total

72,321

66,496

118,627

60,679

Net Expenditure Total

422,555

503,669

392,195

568,043

 

 

 

General Reserve

149,350

202,051

 

 

 

less expenditure from reserves in current year

0

0

 

 

 

Precept

444,896

450,992

 

 

 

Sub Total

594,246

653,043

 

 

 

Less net expenditure

392,195

568,043

 

 

 

Balance in hand

202,051

85,000