Receipts Actual to 30/10/14 Forecast to 31st March 2015 Total Budget Variance RFO Comments Budget 2015/6
Precept 39,000.00   39,000.00 39,000.00 0.00   39,000
Burial/Memorial Fees 2,489.00 300.00 2,789.00 900.00 1,889.00   1,400
Hire of marquee etc             200
Bank Int 12.59 12.41 25.00 25.00 0.00   16
VAT 0.00 7,151.22 7,151.22   7,151.22    
Events/Projects 4,000.00 1,000.00 5,000.00   5,000.00    
Misc 108.79 200.00 308.79 500.00 -191.21    
Greenworks   712.79 712.79 713.00 -0.21   700
Village Plan              
Churchyard Wall              
Litter Equip              
  45,610.38 9,376.42 54,986.80 41,138.00     41,316
               
Payments Actual to 30th October 2014 Forecast to 31st March 2015 2014/15 Budget Remainder (overspend in red)    
VAT 2,420.77   2,420.77 n/a      
S.137 50.00   50.00 100.00 50.00 Didn't get a thank you for last year's donation. Need some confirmation. Discuss whether to donate or amend 2014/15 budget and credit 50 back to reserve 50
Donations/Grants 2,080.00 610.00 2,690.00 3,500.00 810.00 Previously St Andrews Corporate 'subs' came out of subs but recommend should come out of grants and donations - pay in December. (This includes the 2000 paid to the Rec.) 3,000
Salaries 7,911.12 6,723.65 14,634.77 15,329.00 694.23 Forecast based on Salary 5x903.47 = 4517.35 + 450 tax + Pension 5 x311.26 = 1556.30 plus estimate of 100 for backdated pay increase, plus 100 for 6 hours Overtime. Plus assuming hours for SLCC conference will come out of that week's allocation of 20 hours (50% of 16 = 8) 2015/16 Increase if approved to SCP 28 plus 2.2 increase will equate to approx 284.75 increase for the year if hours remain at 20. Pension not known as being queried, possible rise of 1% 17,300
Expenses (eg petrol) 276.23 123.00 399.23 400.00 0.77   400
Audit 490.00   490.00 550.00 60.00   500
Insurance 1,286.62   1,286.62 1,246.00 -40.62   1100
Training 92.12 195.50 287.62 290.00 2.38   300
Meetings 177.00 90.00 267.00 234.00 -33.00 Additional meetings, should not be necessary next year, keep budget same 2015/16 216
Lighting Electricity 903.94 454.90 1,358.84 2,000.00 641.16   1,700
Lighting Maint 169.04 400.00 569.04 2,000.00 1,430.96   1,200
Greenworks 6,490.60 1,500.00 7,990.60 7,500.00 -490.60 Increase budget to 8,500 for 2015/16 - longer growing season 8,700
Maintenance 780.80 500.00 1,280.80 2,500.00 1,219.20 Reduce 2015/16 Budget 2,000
Office (incl website) 488.45 300.00 788.45 800.00 11.55 Increase budget for next year as may need new office computer 1,300
Newsletter 980.84 1,000.00 1,980.84 2,000.00 19.16   2,000
Events/ Projects 1,993.82 166.03 2,159.85 7,300.00 5,140.15 See below  
Other eg Travel club, Subs 351.66 152.00 503.66 500.00 -3.66   750
Cemetery/Churchyard and Wall 94.20   94.20 100.00 5.80   100
Parish Property 29.73 150.00 179.73 300.00 120.27  
Neighbourhood Plan (New 2012) 3,224.88   3,224.88        
Youth (New 2012) 170.47   170.47       300
Pocket Park (New 2012) 151.63   151.63       400
            TOTAL payments from Precept 41316
            From Reserves  
Natural Spratton (incl Jubilee Wood)     0.00     Subject to evidence of ownership or an agreement for long term use 1,000
Spratton Lunch Club     0.00        
Election Costs 1,134.91   1,134.91        
            Projects-EVC Board 1k, Website 1k, Other 1k 3,000
               
               
TOTAL 31,748.83 12,365.08 44,113.91 46,649.00     4,000
Bank Balances as at 30/10/2014 58,608.73
Forecast Receipts to 31/03/2015 9,376.42
Forecast Payments to 31/03/2015 12,365.08
Less Reserves as at 30/10   17,449.45
Maintenance, Repair & Renewal (incorporating Churchyard Wall)   12,810.38
Neighbourhood Plan   1,116.19
Youth Activities   812.12
Natural Spratton (Inc Jubilee Wood)   1,059.47
Lunch Club   335.64
BRC Pocket Park Reserve   1,315.65
Forecast Position as at 31/03/2015 38,170.62
Balance as at 1st April 2014 40,775.78
Less Forecast Position as at 1st April 2015 38,170.62 Based on this, I would agree with Resources Chair that Precept can remain at 39,000, as if all forecasts correct will mean 2,605.16 in General Reserve still leaving PC in a comfortable position going forward for next 3 years. Reserves could drop to 25,000 if necessary. Council may want to consider adding 5,000 this year to the Maintenance Repair and Renewal Reserve (aka Churchyard Wall)
Reduction in General Reserve of: 2,605.16