Finance

Thorne-Moorends Town Council Precept for 2023/24 was approved at the Full Council Meeting held on 24th January 2023

Thorne-Moorends Town Council has a statutory duty to prepare an annual budget and agreed on its precept amount for the forthcoming financial year 2023-2024 at an amount of £726700. This means that based on a band D property, there will be an 80p increase per week. However, the majority of residents in Thorne and Moorends (59%) live in band A properties and will see an increase of 53p per week or £27.56 per year.

The Town Council faced one of its most difficult budget and precept decisions in recent years due to the current unprecedented rise in energy and the cost of living crisis. It has to act with due diligence and had to carefully consider its finances and made the difficult decision to raise the precept to meet its projected costs over the next financial year.

To support its services, the Town council raises funds through a Precept.  The Precept is calculated as follows:

1. We estimate our income from Market Rents, Burial Charges, hire fees from user groups hiring our buildings and facilities, grants etc.
2. Expenditure is estimated based on historic expenditure and adding planned capital expenditures and taking account of known increases for some of our overheads.
3. Taking one from the other, we are left with a figure that is required to be levied by a precept, to maintain our services. It is that precept that determines how much Council Tax you pay to the Town Council. 
4. Only a small proportion of your overall council tax comes to the Town Council to help the Town Council provide appropriate services. The rest goes to Doncaster Council and the Police. 

Under the The Local Authorities (Data Transparency) Code 2015 the Council is required to publish details of all staff members earning £50,000 and above.

No members of staff within Thorne Moorends Town Council currently earn a salary of £50,000 or above.