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Parish Council Finance -Budget & Precept

The Parish Council prepares, discusses and approved the budget for the following year each January.

The agreed amount (precept) is then included in the Council Tax bills issued and collected by Newark and Sherwood District Council

Precept Figures for Collingham

  • The precept request for 2021/22 is £44,020, equating to £37.13 for a band D property
  • The precept for 2020/21 was £42,815, equating to £37.13 for a band D property
  • The precept for 2019/20 was £41,209, equating to £37.13 for a band D property.
  • The precept for 2018/19 was £40,600, equating to £36.70 for a band D property.
  • The precept for 2017/18 was £40,000, equating to £36.53 for a band D property.
  • The precept for 2016/17 was £25,514, equating to £23.00 for a band D property.
  • The precept for 2015/16 was £23,845, equating to £21.81 for a band D property.
  • The precept for 2014/15 was £23,400, equating to £21.17 for a band D property.

How does this compare to other Parishes of similar size in Newark and Sherwood in 2020/21?

Location Precept Rate (Band D property)

Blidworth

£75,522

£68.90

Clipstone

£130,620

£96.48

Farnsfield

£75,000

£60.83

Lowdham

£77,240

£77.44