Kirton and Falkenham

Parish Council

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Precept increase 17/18

28 November 2016

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The PC have agreed to submit a precept increase for 17/18 of 7.2%.  The current estimate is that this will be around £2 per year for a Band D property  The reasons for the increase is two-fold:

Clerk's salary: The necessary alignment to nationally agreed salary bands for council employees.  The plan is to fund the revised salary budget from the precept over a 3 year period with a nominal 6% increase in each year beginning 17/18.  The shortfall in salary budget in each year will be funded by Reserves and/or efficiencies.

Inflation: CPI is currently 1.2% and is predicted to rise over the next year, however the PC has taken a relatively conservative approach by incorporating a 1.2% inflation related increase for 17/18.