Each year the Town Council budgets for its income and expenditure for the following year. The amount required to be paid from the electorate is known as the 'precept' (usually the difference between the predicted income and expenditure).
The Town Council must publish the parish budget showing how and where the precept will be spent. The decisions to approve the expenditure, before the next financial year, are made by Full Town Council at a public meeting.
Wisbech Town Council precept is collected by Fenland District Council as part of the Council Tax.
Council Tax consists of different portions to cover local costs of:
- WISBECH TOWN COUNCIL BUDGET 2016-2017 (PDF, 127 Kb)
Wisbech Town Council budget for financial year 2016-2017
- Annual Return 2015 (PDF, 2.7 Mb)
The Annual Return for Wisbech Town Council for 2014-2015.
Copies of these documents can be downloaded and printed from here. Or alternatively electors may inspect the documents or take copies as detailed in the attached notice.
- Annual return to March 2016 (unaudited) (PDF, 2 Mb)
Wisbech Town Council
Notice of Public Rights and Publication of Unaudited Annual Return
Accounts for the year end 31st March 2016
Local Audit and Accountability Act 2014 sections 26 & 27 The Accounts and Audit Regulations 2015 (SI 2015/234)
Each year the body's Annual Return needs to be reviewed by the external auditor appointed by the Audit Commission. The unaudited Annual Return has been published with this notice. As it has yet to be reviewed by the appointed auditor, it is subject to change as a result of that review.
Any person interested has a right to inspect and make copies of the accounting records for the financial year to which the audit relates and all books, deeds, contracts, bills, vouchers, receipts and other documents relating to those records must be made available for inspection by any person interested. For the year ended 31st March 2016 these documents will be available on reasonable notice of applications to:
Mr T Jordan, Clerk to the Council
1 North Brink
Wisbech PE13 1JR
COMMENCING ON : Monday 6th June 2016
and ENDING ON: Friday 15th July 2016
Mayoral Allowance and Mayor's Charities
Although Wisbech Town Councillors receive no remuneration, it is custom and practice for the Mayor to receive an allowance to assist them in carrying out their duties throughout the civic year (in accordance with LGA 1972 s15(5); the amount of the allowance is decided at the Annual Meeting. Their allowance is part of the Civic Budget for the year.
The Mayor's Charities Fund is a separate fund from the council's budget. It is customary for the Mayor to aim to raise money to be distributed to individuals, groups and organisations of their choosing at the Mayor's Distribution evening at the end of the civic year.
- Wisbech Town Council Financial Regulations (PDF, 358 Kb)
Wisbech Town Council Financial Regulations as adopted 29 March 2016
For information about Wisbech Town Council Policy & Resources Committee click HERE