Saltford Parish Council acts according to its ‘Financial Regulations’ to ensure that it is managing its income and spend according to set procedures at all times. SPC’s Financial Regulations are reviewed annually. Saltford Parish Council continues to strive to provide the best value for money for all of the Saltford community.
Parish councils primarily raise money from people in the parish by levying a parish precept which is collected as part of your property rates (B&NES council tax).
For information about how Saltford Parish Council spends its precept, proposed and agreed spend is included under ‘financial matters’ in SPC’s agendas and minutes. The schedule of expenditure and monthly financial report are published alongside the agenda, to be approved at the meeting. Published minutes include copies of monthly financial report and schedules of expenditure.
Saltford Parish Councillors spend the precept to provide services which they judge to be of importance to the parish community. SPC is transparent with all its spend, and follows its ‘Financial Regulations’ to ensure that it is managing its income and spend according to set procedures at all times.
Saltford Parish Council agreed its budget for the 2020/21 financial year at its January 2020 meeting. The amount of precept (tax) to be levied increased from £33,840 in 2019/20 to £34,838 in 2020/21. As such £34,838 is an overall 2.95% increase on £33,840. Given the tax base set by B&NES Council for Saltford Parish, this is a rise of 42p per year per average Band D property, or 0.8p per week (the charge for an average Band D property in 2019/20 was £18.92, it is £19.34 in 2020/21
At its January 2021 meeting the Council agreed its budget for the upcoming 2021/22 financial year. It was resolved that SPC would increase its precept by 10% in 2021/22, from £34,838 in 2020/21 to £38,322 in 2021/22. The tax base varies annually – in 2021/22 the tax base set by B&NES Council for Saltford means that an average Band D property in Saltford will pay £21.08 p.a. in precept. This is a £1.74 per year increase, or c.14p a month increase, for an average Band D property. As well as increasing the precept to assist in rebuilding Saltford Parish Council’s reserves which covered COVID19 related spend, it is anticipated that in 2021/22 SPC will see more demand on its funds due to community need following the pandemic.
Saltford Parish Council levies one of the lowest precepts in the B&NES Council area. The average parish precept for a Band D property in the B&NES Council area in 2020/21 was £40.20 (Saltford’s was £19.34 in 2020/21).
As a Parish Council, SPC’s accounts must be published, audited and open to public inspection. Each spring an internal audit takes place (carried out by an external company) and the Internal Audit Certificate is signed off for the year’s AGAR (Annual Governance and Accountability Return) known as the external audit. In recent years the auditors have assigned positive assurances in all areas, with no issues arising warranting formal comment or recommendation.
Saltford Parish Council’s annual accounting statements and audit information can be found below.
Annual accounting statements and audit information
The Community Infrastructure Levy (CIL) is a planning charge, payable on new developments, such as housing, supermarkets and hotels. The charge is administered by B&NES Council, and Saltford Parish Council receives a set proportion.
CIL receipts received by Saltford Parish Council are used to serve residents. SPC Councillors resolved to spend income from CIL for ‘enhancing Saltford’s community facilities, amenities, and infrastructure’.
To see how CIL receipts have been spent please view the Annual Community Infrastructure Levy (CIL) reports below.
The Parish Council sets aside a small amount of money each year for financial assistance grants that local groups can apply for to support an initiative or development that would benefit the residents of Saltford.
Please read our Grant Application Guide and Grant Application Policy to find out more about criteria, conditions and the application process.
If eligible, please complete a Grant Application Form and send it to the Parish Clerk.
Receipt of your application form will be acknowledged, and you will be informed of the date of the meeting that it is likely to be discussed at. SPC welcome applicants to meetings to speak in support of their application, and to answer any questions Councillors may have.