Each year the Parish Council has to consider financial commitments for the new financial year and how to maintain the services it provides to the local community. Like most Parish Councils the main way we pay for these services is via what is called the annual precept which is an amount paid to the Parish Council via ERYC as part of their local taxation framework.
A key decision each Parish Council has to make each year is to decide if to increase, decrease or maintain at the current level. Cllrs have been discussing the precept over several months in line with the projects, budgets and commitments it would be facing in the new financial year. Despite the fact that the Parish Council is facing a number of financial demands going forwards (including the new Youth Project, refurbishing the playgrounds, and improvements to the Jubilee Pond), Cllrs made the unanimous decision not to increase the precept in 2021/22 and to keep at its existing level.
Cllrs believe that financial commitments can be met by existing finances and by continued careful financial management and effective budgeting.
The finances of Gilberdyke Parish Council as a public body are always transparent and members of the public can see how Cllrs manage finances by viewing the monthly financial and budget reports, which posted on the website and are always discussed at the monthly Parish Meetings and to which members of the public are always welcome to attend