Finance

On this page you will find details of the Council's finances including Budget and Audit information, Notices of Audit and any other pertinent information.

Annual Accounting Statements 2022/23

Each year the Town Council's finances have to be reviewed by both an Internal Auditor (appointed by the Town Council) and an External Auditor (appointed by Smaller Authorities' Audit Appointments Ltd) - in 2022/23 this work will be carried out by Westcotts and PKF Littlejohn.


The Internal Audit has been carried out by Westcotts and was approved by the Town Council on 26 June 2023.  The Town Council's Annual Governance and Accountability Return (AGAR) for 2022/23 has been be submitted to PKF Littlejohn to carry out its External Audit.  The AGAR and Notice are available below:

 
PKF Littlejohn have now completed the External Audit; the AGAR and Notice can be viewed below:

 
If you have any queries about the current year's accounts, please contact the Town Clerk.

Submissions from previous years are further down this page in the section titled Annual Returns.

 

Payments

In order to achieve openness and transparency, and to enable residents to see what the Council spends its money on, details of all payments can be found here plus monthly bank reconciliation information.

Details of previous years' payments can be obtained by contacting the Council Offices.

September 2023
Payments List

Budgets

Each autumn the Town Council discusses how much money it will need to operate for the forthcoming year.  Below you will find the budget information for both the current and next financial years.

The majority of the Council's income comes from the Precept which is a proportion of the Council Tax.  Please click on this link for a simple breakdown on the main sources of the Council's income and on what the Council spent its money in 2022/23.  A more detailed report for 2022/23 can be viewed here.

Click here for an explanation on what your Council Tax pays for.

Budget for Year Ending 31 March 2024

Summary Sheet
Notes
Budgets for each Committee

Budget for Year Ending 31 March 2025

Figures will appear here once approved by the Town Council (December 2023)

Grants and Donations

Each year the Town Council sets aside an amount of money to enable it to make Grants to local organisations which benefit the residents of the town.  In 2022/23 this amount was £10000.  

If you think your organisation may benefit from a Grant, we would ask that you read the Terms and Conditions which provides all the information you will need to provide with your application.

 

During 2022/23 the Town Council helped the following Organisations:

 

  • Budleigh Information Centre (Street Party to celebrate the Coronation of King Charles III)
  • Chamber of Commerce (Christmas Lights and Updates to the Town Maps)
  • Exmouth & District Community Transport Group
  • Exmouth & District Talking Newspapers
  • Fairlynch Museum 
  • Launchpad (to help with the set up costs of a Community Larder)
  • Lions Club of Budleigh Salterton
  • National Coastwatch Institute