Town Council Budget 2018/19

The Town Council agreed the following budget at its meeting held on 18th January, 2018:

Revenue Items (to be funded from the 2018/19 precept)

Staffing and Administration      -   £66,690.00

Training                                         -   £2,000.00

Festivals                                         -  £55,000.00

Community Grants                      -  £5,000.00

Section 137 Expenditure            -  £1,200.00 (includes Remembrance Day Wreath, Community Awards and Armed Forces Day Grant)

Christmas Lights                         -   £6,000.00

Morecambe in Bloom                -   £3,000.00

Community Events                    -   £300.00

Toilets Management                 -   £7,000.00

Environmental Enforcement Officer  -  £12,500.00

Anti Social Behaviour Officer    -   £14,000.00

Newsletter                                     -   £4,000.00

CCTV                                              -   £5,000.00

By-Election fund                         -   £6,000.00

Capital Expenditure and One Off Projects

War Memorial Fund                  -   £9,928.28

Community Garden Fund         -   £7,000.00

Mobile CCTV Cameras              -    £3,000.00

Social Deprivation Project        -   £9,000.00

Morecambe in Bloom                -   £1,500.00 – additional funding brought forward from 2017/18

Purchase of second Speed Indication Device  -  £2,507.42

Reserves

Office Fund                                  -   £55,000.00

Asset replacement Fund           -    £9,000.00

General Reserves                       -    £9,000.00

Growth reserve Fund                -    £7,000.00

Total spend (including amounts held in Reserves)  in 2018/19 is estimated at £300,625.70

To fund this budget, the Council set its Council Tax rate at £19.59 per Band D property, which will raise a precept of £188,141.38.

This represents no increase on the 2017/18 Council Tax rate.