Witchford Parish Council derives most of its funding from a share (called ‘the precept’) of the Council Tax, which is collected by East Cambridgeshire District Council. The precept is the sum the Parish Council requires to fund its activities and services. The Parish Council also receives a small amount of rental income and recharges the County Council for cutting the highway verges. This income is put towards reducing the precept payable by residents. The Parish Council also applies for grants where applicable, to enable it to implement capital schemes such as traffic calming.
The Parish Council reviews its draft budget and precept calculation in a special budget meeting on the third Wednesday of every October, and these are finalised in December. All meetings are open to the public and the finance documents are open for public inspection.
The Parish Council’s financial procedures are operated in accordance with the Financial Regulations – based on a national model – here
The Parish Council’s accounts and procedures are independently audited every year. Audit documents can be read here.