St Erth Parish Council (SEPC) raises most of its money through the precept. The precept is a tax included within the local Council Tax which enables the Parish Council to perform its functions.
Before a Parish Council can set its precept it is required by law to agree a budget. Once the budget has been agreed for the following financial year, this is then requested from our local billing authority, i.e. Cornwall Council, in the form of the precept.
Parish Councils can apply for other funding such as grants and funding awards, generally for specific projects, but do not receive funds directly from central government.
The precept amount for SEPC for 2022-3 is £62,802, which equates to a 15 pence per month increase for a Band D household on last year. In addition to the precept, SEPC also has approximately £10,000 of income annually from cemetery & allotment fees (used for maintenance in these areas) and various grants.