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 2023/24

By law, 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) - for financial year 2023/24 this work will be carried out by Westcotts and PKF Littlejohn.

The Town Council's Accounting Statements have now been reviewed by its Internal Auditor and they are available to view below.


The Annual Governance and Accountability Return (AGAR) for 2023/24 was submitted to PKF Littlejohn on 25 June 2024 and their review is now complete; the AGAR and Notice of Conclusion of Audit can be viewed below and can also be found on the Town Council notice board at the Public Hall.


Local Authority Land

The Town Council is also required to publish a list of the buildings and public land under its control.  This list can be downloaded here.

 

If you have any queries about the current year's accounts or wish to see the original documents, please contact the Town Clerk to make an appointment.

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.

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 2023/24.  A more detailed report for 2023/24 can be viewed here shortly.

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

Budget for Year Ending 31 March 2025

Summary Sheet
Notes
Budgets for each Committee

Budget for Year Ending 31 March 2026

The Budget is set each autumn - information will appear below in November/December 2024

Summary Sheet
Notes
Budgets for each Committee

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 2023/24 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 2023/24 the Town Council helped the following Organisations:

 

  • Budleigh Salterton Carnival
  • Budleigh Music Festival
  • Exmouth & District Community Transport Group
  • Fairlynch Museum 
  • Lions Club of Budleigh Salterton (Cycle Competition/Mobile Defibrillator)
  • Shop Budleigh (Christmas Lights)
  • St Peter's School PTA