2025-2026 Proposed Budget and Reserves

Extract from minutes of the meeting held 11th November 2024

“24/25-52 NCPC BUDGET 2025/26

The budget for 2025/26 was noted as circulated. The accompanying budget report was also noted as circulated and it was noted that the consultation on the PCSO and results were included with the budget report. Councillors were asked to make any changes or amendments to the budget. There was a lengthy debate regarding the level of expenditure on the PCSO and the benefit. It was noted that despite the significant input to the costs of the PCSO that operational control would always remain with the police.

It was duly proposed seconded and RESOLVED by a majority vote to remove funding for the PCSO for 2025/26.
Motion carried

Subject to the removal of the PSCO funding the 2025/26 budget for the Parish Council was duly proposed, seconded and RESOLVED by a majority vote to be £382,285.00
Motion carried

24/25-53 PRECEPT SETTING 2025/26

The budget report which contained the explanation of the breakdown of budget and precept for 2025/2026 was noted as was the recommendation of an small increase in the Precept for 2025/26. Council considered the pressure on goods and services from inflation and the cost of living increases including the national insurance increase for employers recently announced. Given this impact it was duly proposed, seconded and RESOLVED that the Precept would increase by 2.65%which based on 2024/25 taxbase would be in the region of £281,422.00. Exact figures would be confirmed once the 2025/26 taxbase had been received from Welwyn Hatfield Borough Council in December 2024.
Motion carried”

You can download a copy of the budget document, as an excel file, by using the link in the table below.

This will open in a separate window.