Accounts
The funding for Parish Councils is allocated by the District Council and is taken from the council tax; this is called the Annual Precept.
The income and expenditure for the next financial year are calculated in the form of estimates and this is added to the local council tax and paid to the parish in 2 installments. In the case of Old Stratford in 2008-9 this will be an average of £37.59 for a Band D property or 3.8% of the Council Tax.
Parish Councils are also eligible to seek UK grants and funding and EU money as is appropriate.
This money is to fund the spending on the Parish Council on local amenities and activities without having to seek permission from any other authority.
Projects for 2008/9 include the refurbishment and enhancement of the Community Hall Skateboard Ramp and facilities, also the provision of speed indicator devices on the London and Towcester Roads as well as initiatives to highlight the historic aspects of the Parish.
Payments and Receipts Account March 2008
