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Our finances 

Parish Councils are funded through a sum of money called a ‘precept’. This is a separate charge, which is added to, and collected along with, your Council Tax. The amount of precept is decided each year based on the services we provide.

Our accounts are published and audited annually, and our spending is reported at each Parish Council meeting. 

Notice of conclusion of the audit

Annual Return for the year ended 31 March 2017

Section 25 of the Local Audit and Accountability Act 2014

Accounts and Audit (England) Regulations 2015

The audit of accounts for the Council for the year ended 31 March 2017 has been concluded and is available for inspection by any local government elector of the area of the Council on application to:

The Clerk/RFO

27 Atlas Way, Oakgrove, Milton Keynes, MK10 9SG

Announcement made by: Vicky Mote (Clerk/RFO) on 4 August 2017

Broughton & Milton Keynes Parish Council

Income and Expenditure 2016-17

Precept                                         £88,930
Rents                                             £8,878
Grants & Refunds                       £1.059
Bank Interest                               £654
Other                                              £490

Total                                               £100,011
Staff costs                                       £32,992
Insurance                                        £2,191
All other admin expenses           £15,235
Communications                           £0
Maintaining land and assets      £38,567
Grants & Projects                         £24,990
Other                                               £2,280
Total                                                £116,255
Surplus/(deficit)                          (£16,244)
For the year 2016/17, the Precept raised was on the basis of 3883.37 Band D equivalent at a rate of £20.98 per Band D property.
Expenditure on Grants and Community Projects in 2016/17 included Oakgrove Office, MK Village Hall, Walton Churches Partnership, Middleton & MKV Community Group, Broughton Brownies, Broughton & Brooklands Community Group, Broughton Scout Group, Broughton Cycling Group, All Saints Church and MK Village Play area.

Fund Balances
Treasurer Account                 £76,375
30 day business account    £31,581.47
Public Sector Deposit           £25,000

Total                                         £132,956

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