Peel Town Commissioners

 

 

 

 

 

 

 

Rates Budget for 2008/2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Commissioners have agreed to set the rate for 2008/09 at 224 pence. This is an increase of 3.7% from last year. In addition

 

the separate refuse charge of 95 has increased to 98 per dwelling. This covers the costs of incineration, refuse collection

 

and the Town's contribution to the Western Civic Amenity Site.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

A number of further improvements will be undertaken, funded from reserves held. These include replacement of the four promenade

shelters, repairs to a section of the headlands path and retarmac of the garage area at Kerroo Coar. Having completed the

 

improvements to Factory Lane toilets in 2007/2008 we now intend to continue the improvement works with an upgrade of the

 

promenade toilets.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2008/2009 Rate = 224 pence

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Where the funds come from

 

 

Budget

 

 

 

Budget

 

 

 

 

 

 

2008/09

 

 

 

2007/08

 

 

 

 

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

Rates

 

843,000

 

63.72

 

791,000

 

64.20

 

 

Fees Town Hall

 

17,000

 

1.28

 

21,000

 

1.70

 

 

Fees Campsite and Library etc

 

59,000

 

4.46

 

65,000

 

5.28

 

 

Refuse

 

36,000

 

2.72

 

34,000

 

2.76

 

 

Recharges

 

196,000

 

14.81

 

164,000

 

13.31

 

 

Bank Interest and other Investment

 

17,000

 

1.28

 

14,000

 

1.14

 

 

Commercial Income

 

100,000

 

7.56

 

68,000

 

5.52

 

 

Miscellaneous Income

 

55,000

 

4.16

 

35,000

 

2.84

 

 

Building Regulations

 

-

 

0.00

 

40,000

 

3.25

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Income

 

1,323,000

 

100.00

 

1,232,000

 

100.00

 

 

 

 

 

 

 

 

 

 

 

 

 

Expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

How the funds are spent

 

 

 

 

 

 

 

 

 

 

 

 

 

Budget

 

 

 

Budget

 

 

 

 

 

 

2008/09

 

 

 

2007/08

 

 

 

 

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

 

Salaries

 

476,000

 

35.98

 

496,000

 

40.26

 

 

Water Rates

 

5,000

 

0.38

 

4,000

 

0.32

 

 

Amenity costs

 

30,000

 

2.27

 

42,000

 

3.41

 

 

Fees and leisure costs

 

91,000

 

6.88

 

108,000

 

8.77

 

 

Refuse

 

256,000

 

19.35

 

220,000

 

17.86

 

 

Direct recharge costs

 

81,000

 

6.12

 

38,000

 

3.08

 

 

Commercial Income Costs

 

10,000

 

0.76

 

9,000

 

0.73

 

 

General Costs Street Lighting

 

42,000

 

3.17

 

35,000

 

2.84

 

 

General Costs Public Functions

 

22,000

 

1.66

 

18,000

 

1.46

 

 

Vehicle Costs

 

34,000

 

2.57

 

31,000

 

2.52

 

 

Finance Costs

 

115,000

 

8.69

 

64,000

 

5.19

 

 

Town Hall Costs

 

125,000

 

9.45

 

112,000

 

9.09

 

 

Works Costs

 

36,000

 

2.72

 

36,000

 

2.92

 

 

Building Regulations

 

-

 

0.00

 

19,000

 

1.54

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Expenditure

 

1,323,000

 

100.00

 

1,232,000

 

100.00

 

 

 

 

 

 

 

 

 

 

 

 

 

Rate Requirement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Expenses

 

1,323,000

 

 

 

 

 

 

 

 

Less: Total Income

 

(1,323,000)

 

 

 

 

 

 

 

 

Rate requirement

 

0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Split:-

 

 

 

 

 

 

 

 

 

 

Refuse (98 per house)

 

194,000

 

 

 

185,000

 

 

 

 

Rates

 

649,000

 

 

 

606,000

 

 

 

 

 

 

843,000

 

 

 

791,000