Peel Town Commissioners
	Budget for 2007/2008
The Commissioners have agreed to set the rate for 2007/08 at 216 pence. This is an increase of less than 2%
from last year. In addition the separate refuse charge of £92 has increased to £95 per dwelling.			This covers the
costs of incineration, refuse collection and the Town's contribution to the Western Civic Amenity Site.
A number of improvements will be undertaken, funded from reserves held. These include a beach shower, a new
groyne, improvements to the Peel Sailing Club premises and the Bowling Green. As you will note the format
of this statement has changed slightly and now ties into the new accounting system introduced in recent years.
2007/2008 Rate = 216 pence
	Budget		Budget
	2007/08		2007/08
Expenses	(£,000)	Income	(£,000)
Salaries	496	Fees Town Hall	21
Water Rates	4	Fees Campsite and Library etc	65
Amenity costs	42	Refuse	34
Fees and leisure costs	108	Recharges	164
Refuse	220	Bank Interest and other Investment	14
Direct recharge costs	38	Commercial Income	68
Commercial Income Costs	9	Building Regs	40
Building Regs	19	Miscellaneous Income	35
General Costs Street Lighting	35
General Costs Public Functions	18
Vehicle Costs	31
Finance Costs	64
Town Hall Costs	112
Works Costs	36
Total Expenses	1,232	Total Income	441
Less: Total Income	(441)
Rate requirement	791
Split:-
Refuse (£95 per house)	185
Rates	606
	791