Community Council Finances
Precept
The Community Council raises money by a precept (a mandatory demand) on the Vale of Glamorgan Council. The precept is billed by the Vale of Glamorgan Council to residents with their Council Tax and the Vale Council then makes payments to Community Councils, normally, in 3 equal instalments on the last working days of April, August and December.
Each January, the Community Council sets a budget, with the total amount of money needed to be raised to cover forecasted expenditure becoming the precept. This figure is then sent to the Vale of Glamorgan Council. The Vale of Glamorgan Council then calculate a levy on properties, based on ‘Band D’ of Council Tax.
For 2020/21, our precept is £11,483, resulting in a levy of £16.69 on council tax, Band D. This levy is revised upwards, or downwards, for other Council Tax Bands.
Each January, the Community Council sets a budget, with the total amount of money needed to be raised to cover forecasted expenditure becoming the precept. This figure is then sent to the Vale of Glamorgan Council. The Vale of Glamorgan Council then calculate a levy on properties, based on ‘Band D’ of Council Tax.
For 2020/21, our precept is £11,483, resulting in a levy of £16.69 on council tax, Band D. This levy is revised upwards, or downwards, for other Council Tax Bands.
Financial Assistance
The Council has a financial assistance scheme to support grass roots activities within our community.
Further information on these grants can be found on our Financial Assistance Page
Further information on these grants can be found on our Financial Assistance Page
Insurance
The council holds Public Liability Insurance, until May 31, 2021.
The Good Councillor's Guide to Finance and Transparency
Financial Management Community Council 2017
Model Financial Regulations 2019 for Wales adopted 02.09.19
Risk Assessment and Management adopted 14.05.18
Risk Management 2018/19 adopted 14.05.18
Independent Remuneration Panel for Wales Annual Report February 2018
Notice of Conclusion of Audit March 2016/17
Annual Return March 2016/17
Accounts 2016-17
Notice of Conclusion of Audit 2017/18
Annual Return 2017/18
Accounts 2017-18
Councillor Expenses 2017-18
Asset Register 2017-18
Notice of Conclusion of Audit 2018/19
Annual Return 2018/19
Councillor Expenses 2018-19
Asset Register 2018-19
Budget 2019/20
Financial Management Community Council 2017
Model Financial Regulations 2019 for Wales adopted 02.09.19
Risk Assessment and Management adopted 14.05.18
Risk Management 2018/19 adopted 14.05.18
Independent Remuneration Panel for Wales Annual Report February 2018
Notice of Conclusion of Audit March 2016/17
Annual Return March 2016/17
Accounts 2016-17
Notice of Conclusion of Audit 2017/18
Annual Return 2017/18
Accounts 2017-18
Councillor Expenses 2017-18
Asset Register 2017-18
Notice of Conclusion of Audit 2018/19
Annual Return 2018/19
Councillor Expenses 2018-19
Asset Register 2018-19
Budget 2019/20