Budget 2021/2022 Summary

Newport Town Council Budget for 2021/22

In January the Town Council set the budget for financial year 2021/2022.

Council Tax Base – The notional number of Band D equivalent properties has risen to 4037.3 from 3963.4 an increase of 73.9.


Council Tax Figure – for financial year 2021/2022  -  the band D equivalent will decrease from the current £118.96 to £118.95 
(a reduction of 1p).

 

TC/71/20-21 It was RESOLVED that a precept be issued, requiring Telford & Wrekin Council to pay Newport Town Council £480,250.00 to meet its expenditure for the financial year 2021/22.

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, Cemetery Development, additional parking, Community Building, as well as additional allotment land development.

Budget proposals FY 2021-2022

Carry forward (C/F) the following estimated underspends from this financial year to 2021/2022

as at 9th Nov 2020 (which are to be accounted for from general reserves)

· N/L 4510 - £4.4k - Seed & Crisis – C/F underspend to FY 21/22

· N/L 4515 - £8k - Newport Carnival – C/F underspend for FY21/22 allocation

· N/L 4516 - £6,254 - Newport In Bloom – C/F underspend for FY21/22 allocation

· N/L 4386 - £600 - Heritage open days – C/F underspend for FY 21/22 allocation

· N/L 4218 - £2.4k – Smart water – C/F underspend for FY 21/22

· N/L 4355 - £9,372 – Canal Enhancements - C/F underspend for FY 21/22

· N/L 4352 - £1,868 – Canal Maint (New Owned) - C/F underspend for FY 21/22

· N/L 4514 - £2.5k – Covid - C/F underspend for FY 21/22

Total = £35,394

Transfer the following estimated underspends from this financial year to earmarked reserves (EMR) figures below are as at 9 Nov 2020

· N/L 4388 - £15k - Cycle Race / Nocturne – Transfer underspend to EMR and budget nil for FY 21/22

· N/L 4183 - £25K - Town Council pathways – transfer to EMR

· N/L 4215 - £30k - Parking enforcement FY 21/22 & 22/23 – Transfer to EMR

Total = £70K

FEES

Allotment fees – Increase by 2%
Cemetery fees – increase majority of fees by 2%
Ceremonies (room hire) – Increase standard fees by 2%
Guildhall room hire – increase by 2%.


Current - EARMARKED RESERVES

In addition, the Town Council maintains a number of ear marked reserves. These are for specific projects. In our case they currently include as at 9 Nov 2020:

· Cemetery Development – new land and its development (£40,739.40)

· Cycle Race Nocturne - £4,500

· Guildhall Maintenance - £3,999.79

· Property and Asset Fund - £10,000 (£10k ring-fenced for allotment development)

· Newport Royal British Navy Club Grant - £10,000

· Allotment Fund - £650

· Community Building - £40,000

· Canal Enhancements - £2,000

· Additional Parking - £30,000

· Managed Funds - £2,818.07

· Poston Grave - £188.80


Current Earmarked Reserves £144,896.06
Note: £8k transferred from Cemetery development for cemetery maintenance projects Minute -

MANAGED FUNDS - Managed funds as at 9/11/20 - £3,006.87

Councillor & Committee Budget Requests


Leisure & Environmental Services Committee

· Cllr Nelson

o N/L 4355 Canal Enhancements – carry forward any underspend
to FY 21-22

o N/L 4352 Canal maint (New Owned) - Carry forward under spend
to FY 21-22

· Cllr Lloyd

o N/L 4351 New bench/ bins – increase budget for any replacements

o N/L 4355 increase the budget for FY 21-22 with an additional £5,000 + the underspend from this financial year.

Community Safety Committee

· Cllr Nelson

o To consider budgeting (5 year plan) to provide footway lighting along the canal towpath from Polly’s Lock to Meretown

Councillor Budget Requests

· Cllr Fowler
4055 electronic ways - additional £500 - for a professional to undertake NTC Facebook / social media etc

Budget Spreadsheet

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.

2021/ 2022 budget draft 4 following R&F Nov meeting

Estimates are on the cautious side due to the uncertainty on FY 20-21 and COVID pandemic

Cost Centre

Expenditure

19-20 Actual

20/21 Budget

20/21 predicted spend

21/22 Budget

102

Admin Members

6,700

9,250

8,260

10,760

103

Admin Services & Supplies

8,572

21,115

18,150

10,750

109

Admin Other

29,970

29,590

20,682

29,300

111

Guildhall Caretaking Cleaning

257

400

130

300

112

Guildhall Services

7,068

8,515

8,485

8,750

113

Guildhall Maintenance

10,076

5,515

4,130

8,725

114

Guildhall 3/3a

8,319

500

3,050

550

115

Community Assets

115,198

20,000

26,000

45,000

161

Grants

22,032

33,300

7,346

10,746

162

Grants S142 (CAB)

5,500

5,600

5,500

5,600

200

Loan repayments

4,907

0

2,453

0

130

LES Cemetery services

16,597

19,590

18,935

20,070

131

LES Burials

7,498

7,580

7,130

7,380

140

Devolved Svc & Street

23,708

23,410

39,650

37,300

141

St Nicholas Church

3,465

7,400

8,721

4,100

142

LES - MVR allotments

1,268

2,075

3,575

2,200

143

LES - BR allotments

859

1,110

850

700

144

LES-Council Events

30,106

52,470

35,500

36,800

145

CS Public Toilets

21,347

21,015

20,850

22,385

160

Hub Grant (youth café)

5,500

5,500

5,500

5,500

120

CS - Public lighting

25,811

29,500

24,100

34,500

121

Community Safety – CCTV

35

4,090

42,090

2,655

129

CS – Other

28,091

22,150

15,550

1,170

101

Admin Employees

137,367

159,451

126,210

159,451

Expenditure Sub Total

520,251

489,126

452,847

464,692

Income other than precept

 

100

Admin income

538,754

476,300

41,950

2,100

110

Guildhall Income

4,329

7,500

6,523

9,820

130

LES - Cemetery Services

32,450

30,000

20,000

30,000

142

LES - MVR allotments

2,082

2,047

2,192

2,179

143

LES - BR allotments

494

463

503

450

144

LES - Council Events

725

0

0

0

Income Sub total

578,834

516,310

71,168

44,549

Net Expenditure Total

-58,583

568,043

381,679

420,143

 

General Reserve

402,100

259,025

 

less expenditure from reserves in current year

18,000

0

 

Precept

471,500

480,250

 

Sub Total

855,600

739,275

 

Less net expenditure

381,679

420,143

 

Earmarked / managed Funds

214,896

214,896

 

General Reserves

259,025

104,236