Financial Information
The logo for St Cuthbert (Out) Parish Council.
Budget & Precept 2024-2025
The Precept is that element of your Council Tax that is paid to St Cuthbert (Out) Parish Council.
Every year, the Parish Council draws up budgets and calculates how much money it needs for the next Financial Year. These are usually finalised at the January Full Council meeting and then submitted to Somerset Council.
Somerset Council co-ordinate other demands from the Police and themselves and publish with the rate to be paid from 1st April that year (the new tax year).
The current Budget for 2024-2025 is found here.
Financial Regulations
The Council's Financial Regulations are based on the National Association of Local Councils (NALC) model regulations.
St Cuthbert (Out) Parish Council Financial Regulations (Adopted 5 Sept 2018) (Approved 23 October 2023) (PDF, 292 Kb)
This document outlines all aspects of the Council's financial activities and how they are regulated.
Financial Risk Management Assessment
Risk Management Policy Statement October 2023 (PDF, 193 Kb)
The Financial Risk Management Assessment is outlined in the Risk Management and Policy Statement.
Risk Register (last approved, Full Council 23 October 2023) (MS Excel, 94 Kb)