We have made the expenditure from the start of the year available here. This document is updated monthly and includes every item of expenditure for transparency rather than just the legally required larger payments. If you would like a large print version please contact the Clerk.
AUDITED ACCOUNTS 2025/26
The accounts have now been audited by the internal and external auditors and all reports are available above, as well as the Notice of Conclusion of Audit. Please direct any finance or audit queries to the Clerk in the first instance.
OUR PRECEPT 2026/2027
The Precept is the figure which a town or parish Council ask the local authority to collect from their residents alongside the Council tax.
For the financial year 2026/27 we have slightly increased the precept on a band D dwelling which still falls at under £1 per week.
Our total precept collected will be £143,000 which represents the largest income stream of our overall estimated income of £188,696.40. Our expected expenditure is £214,549.27 which means a shortfall of £19,852.87 will be funded from our savings or ‘reserves’.
Much of Colehill Town Council‘s expenditure is fixed year on year and cannot be cut back on, and the new assets and staff the Council have taken on since 2020 play a large part in how this figure was resolved. These new assets are:
- Oliver’s Park field and the ancient woodland at Churchmoor Copse which have been underfunded for many years and pose a potential large spend albeit one which the residents of Colehill would hopefully welcome.
- Colehill & Wimborne Youth & Community Centre on 1st April 2023. Whilst this charity is ideally self-sufficient, the Council should seek to have finances in place whilst the charity transitions to a new model of paid staff members running the administration and daily operations of the centre, should the charity need any financial support.
Increasing the precept was necessary following the previous years very small or no increase decisions. Colehill Town Council are confident in their ability to deliver new projects and maintaining services.
Colehill Town Council are always open to discussing the finances with interested or concerned residents and would always welcome feedback. Contact details for the Clerk and all members are accessible on the home page and the Councillors pages.
COMMUNITY INFRASTRUCTURE LEVY (CIL) FUNDING
Local Councils must publish what funding they have received from the CIL in any one year, and what it has been spent on. Colehill Town Council have received the following:
2018 – £9,022.50 (SPENT)
2019 – £21,336.00 (£11,496.91 OF THIS HAS BEEN SPENT)(£9,839.09 BALANCE SPENT ON OLIVERS PARK)
2020 – £10,815.48 (SPENT)
2021 – £10,736.76 (SPENT)
2022 – £20,449.69 (two payments being £8,670.84 & £11,778.85) (SPENT)
2023 – £24,054.13 (two payments being £17,678.84 & £6,375.29) (£19,195.65 SPENT SO FAR – £4,858.48 REMAINING (2026))
2024 – £13,998.13
2025 – £6,042.88 (two payments being £5,226.80 & £816.08)
2026 – £23,410.44 (two payments being £858.66 and £22,551.78)
Colehill Town Council CIL spending
£2,635.00 on a new bus shelter at Fryers Copse in February 2020
£1,255.00 towards new bus shelters in November 2020
£16,629.41 on a new path & benches in Oliver’s Park in September 2023
£56,956.67 – on new play equipment at Oliver’s Park play area in March 2024
£14,080.00 – new exercise equipment installation in Oliver’s Park field – October 2026
The balance of CIL remaining unspent as at OCTOBER 2026 is £48,309.93
s.106 of the Town and Country Planning Act 1990 (as amended)
Colehill Town Council received £10,000 of s.106 funding from Bloor Homes in November 2018 with a condition that this must be spent on Oliver’s Park play area. Oliver’s Park play area has had extensive landscaping carried out in September and October of 2020 and part of the bill has been paid using this fund. This fund has therefore been spent in it’s entirety and in accordance with and therefore discharging this condition.
Please contact the Town Clerk if you wish to discuss any matters relating to the Town Council’s expenditure.