Annual Council Meeting
9 May 2024
Financial Report
1. Standing Order 2.9.10 provides that at the Annual Meeting the Council shall
review the Council’s expenditure incurred under Section 137, Section 138B
and Section 142 of the Local Government Act 1972.
2. Standing Order 2.9.11 provides that at the Annual Meeting the Council shall
review the Council’s income and expenditure in respect of the Community
Infrastructure Levy.
3. Grants – The sections of the Local Government Act 1972 set out above are
the ones which provide authority for the Council to awards grants. The
Strategy, Policy and Finance Committee is responsible for administering grant
awards and in 2023/24 had a budget of £19,000.00 for this purpose. The
Council has a Grant Aid policy with criteria to be met in order for an applicant
to qualify for an award of grant aid.
4. In 2023/24 the Council made awards totalling £7,421.60, to eleven bodies
which sought assistance with their work or project. The shortfall is due to the
Council having allocated to the grant budget £11,000 for grants to relieve the
cost of living crisis but no applications were received and consequently that
sum remained unallocated. The expenditure was in line with the £8,000
provided in the budget for general grant awards.
5. CIL – The Council commenced the financial year 2023/24 with a fund of
£20,581.68 and received half yearly payments from Babergh DC in April and
October for £3725.99 and £70,595.52 respectively being the Parish Council’s
share of CIL payments to the District Council by developers.
6. The Neighbourhood CIL Expenditure Report for 2023/24 noted that the sum of
£94,903.19 was held and no expenditure had been made in that financial
year. Ring-fenced CIL funds of that amount were thus retained and are
available for the 2024/25 financial year.
7. The Council has approved and published a CIL Policy and Procedure which
sets out criteria against which bids for funding will be evaluated and has
approved and published a Parish Infrastructure Investment Plan which
identified the Parish Council’s own priorities for the short to medium term.
Both the policy and the PIIP will be reviewed during the course of the
municipal year 2024/25.
Graham White
Parish Clerk
1 May 2024