Budget 2020/21 Summary

Newport Town Council Budget for 2020/21

In January the Town Council set the budget for financial year 2020/21.

The budget prompts an increase of 1.99% per Newport household which for a band D property will be £118.96 for the year.  The £118.96 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 2019/20 which an estimated underspend was agreed by the Council to be carried forward to FY 2020/21 (which are to be accounted for from general reserves and not 2020/21 precept)

Funds carried forward: £41,156                        
4183 - Pathways £25k                    4218 - Smart Water - £3,984                                 

4352 - Canal main £1k                   4355 Canal enhance £ 9372  
      

4033 – Councillor Allowance £1800

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 Councilors.


Expenditure

18/19
 Actual

19/20 Budget

19/20
predicted spend

20/21
 Budget

Admin Members

6,946

9,730

9,730

9,250

Admin Services & Supplies

10,452

29,125

10,000

21,115

Admin Other

23,164

45,570

35,000

29,590

Guildhall Caretaking Cleaning

212

400

400

400

Guildhall Services

6,773

7,660

7,660

8,515

Guildhall Maintenance

20,590

5,850

10,200

5,515

Guildhall 3/3a

8,557

475

8,500

500

Community Assets

40,960

67,000

112,000

20,000

Grants

31,194

26,000

21,000

33,300

Grants S142 (CAB)

5,500

6,030

5,500

5,600

Loan repayments

4,907

4,907

4,907

0

LES Cemetery services

17,125

23,935

19,500

19,590

LES Burials

5,027

7,770

6,700

7,580

Devolved Svc & Street

18,832

48,935

21,000

23,410

St Nicholas Church

6,348

11,500

8,500

7,400

LES - MVR allotments

1,310

1,850

1,850

2,075

LES - BR allotments

425

435

400

1,110

LES-Council Events

67,351

39,358

34,000

52,470

Hub Grant (youth café)

0

5,500

5,500

5,500

CS - Public lighting

30,805

33,700

19,500

29,500

Community Safety - CCTV

335

44,290

40,000

4,090

CS - Other

39,761

36,684

32,500

22,150

CS Toilets

17,043

21,715

21,715

21,015

Admin Employees

142,732

156,300

140,150

159,451

Expenditure Sub Total

506,349

634,719

576,212

489,126

Income other than precept

 

Admin income

531,646

475,492

115,000

4,800

Guildhall Income

5,572

3,800

4,587

7,500

LES - Cemetery Services

32,619

30,000

30,000

30,000

LES - MVR allotments

1,997

1,940

2,008

2,047

LES - BR allotments

452

439

745

463

LES - Council Events

20

0

475

0

Income Sub total

572,306

511,671

152,815

44,810

Net Expenditure Total 

-65,957

568,043

423,397

444,316

 

General Reserve

263,704

241,299

 

less expenditure from reserves in current year

50,000

41,156

 

Precept

450,992

471,500

 

Sub Total

664,696

671,643

 

Less net expenditure

423,397

444,316

 

Balance in hand

241,299

227,327