Last year I suggested a precept increase in line with inflation, to protect the PC’s funding. The Chair advised that the villagers could not afford a rise and no increase took place. The precept element of Council Tax makes up only a very small part of our bills, for example Stubton’s Band D equivalent is £18 per month.
This year someone with the council obviously know what precept is, as they have suggested a 10% increase indefinitely to pay for an invisible clerk. Below, I have listed how it compounds very quickly.
I totally agree with a precept increase every year in line with inflation, this should be the default. But to increase above inflation, is unnecessary. Below are incremental examples of 10% increases.
- 2023 (0) – £1400
- 2024 (0) – £1540
- 2025 (1) – £1694
- 2026 (2) – £1863
- 2027 (3) – £2049.74
- 2028 (4) – £2254.71
- 2029 (5) – £2480.18
- 2030 (6) – £2728.20 DOUBLES in 6 years
- 2031 (7) – £3001.02
- 2032 (8) – £3301.10
- 2033 (9) – £3631.24
- 2034 (10) – £3994.36
- 2035 (11) – £4393.43 TRIPLES in 10.5 years
- 2036 (12) – £4833.18
- 2037 (13) – £5316,50
- 2038 (14) – £5848.15 QUADRUPLES in 14 years
Finally, why do entities in this village fail to publish finances? Strangely, the PC have not published the monthly spreadsheet since July 2023, which is bizarre..
- 18 January 2023 – Spreadsheet attached – Balance £3767.50
- 23 February 2023 – Spreadsheet attached – Balance £3668.91
- 15 March2023 – EOM
- 12 April 2023 – EOM
- 15 May 2023 – NO Spreadsheet
- 12 July 2023 – Spreadsheet attached – Balance £4,572.49 (£1,400 Precept uplift)
- 31 July 2023 – EOM
- 21 September 2023 – No Spreadsheet
- 16 October – EOM
- 15 November 2023 – No Spreadsheet
- 18 January 2024 – No Spreadsheet “as yet”.
Below is the 2023/2024 booklet (waiting for the 2024/2025)
