Every year the Parish Council agree a budget and from this determine the precept. The precept is collected via the Council Tax from the residents of the Parish and is the Council’s main source of income.

For the financial year 2022/2023 Axmouth Parish Council have approved a budget of £13,196 with a precept of £12,582 (the difference will be taken from reserves). The precept Axmouth Parish Council has requested has remained the same since 2019.

Budget and Precept details for 2022/23

Management of finances

A budget review is presented quarterly at the Parish Council Meeting (June, September, January (no meeting in December) & April). This shows the current spend to date under the budget headings.  This practice forms part of the Council’s good governance and ensures careful management of its finances.