Caerwent Community Council Precept History
At a Community Council meeting each year, members of the Community Council consider and draw up a budget for the forthcoming financial year. The Financial year runs from the 1st April to 31st March. From this budget the Precept for the new financial year is set and the billing authority (Monmouthshire County Council) advised. Monmouthshire County Council collects the Precept on behalf of the Community Council.
When setting the budget, and Precept, members of the Community Council need to take in to consideration the cost of running the council i.e. Administration and staff costs. Also they need to consider the cost of maintaining and running of existing assets i.e. War memorial, emptying of dog bins, play park health & safety inspections and general maintenance costs. Consideration is also given to new projects, and improvements to existing ones. The Community Council also set aside monies to award, as small grants, to local community organisations and groups.
The Community Council strives to maintain high standards whilst continuing to improve services to the Community
2014 - 2015 Financial Year
The Precept for the financial year 2014 - 2015 was set at £