Budget Summary
Annual budgets are discussed at committee level and approved by Full Council in December for the following financial year.
Galleywood Parish Councils income is predominately received in the form of a Precept which is requested from Chelmsford City Council in January.
The agreed Precept enables Galleywood Parish Council to deliver its services which center around Community Engagement, Maintaining Public Conveniences and our Local Open spaces at Twitten Green and The Spinney.
The Precept for the financial year 2025/26 is £130,303. An increase of £5,971 from 2024/25.
How a precept is calculated
The precept is divided by the taxbase (number of households) in the parish area eligible to pay Council Tax. It calculates the charge that each council charges the residents to carry out services.
Cost of services to a normal Band D property in Galleywood equates to £61.51 per year. This is an increase of £2.22 from 2024/25.
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Asset Register
The Parish Council manages an Asset Register of all items owned by the Parish Council.
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Community Infrastructure Levy
The Community Infrastructure Levy (CIL) is a non-negotiable charge on new buildings to help pay towards the infrastructure needed to support growth in an area. CIL was adopted by Chelmsford City Council on 1 June 2014 and is applied to all residential and retail developments which add one or more new dwellings or more than 100sqm of floor space. Affordable housing and certain charitable-led developments are exempt from CIL.
The CIL Regulations require that Chelmsford City Council allocate 15% of income from CIL for spending within the neighbourhood of contributing development – this is known as the Neighbourhood Allocation. This 15% Allocation is passed to the relevant Parish or Town Council.
The proportion of CIL that a Parish or Town Council receives must be used to support the development of the area. Funds can be spent on:
- The provision, improvement, replacement, operation of infrastructure; or
- Anything else that is concerned with addressing the demands that development places on an area.
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Financial Reports
Financial Summary – All Accounts
2025/26
Financial Budget Comparison Report
2025/26
Paid Expenditure
2025/26
Risk Management
The management of risk is an important part of the Parish Council’s work; making sure that the people who use our facilities are safe, giving the staff the protection to get on with their work, and protecting the assets that the Parish Council hold. Risk assessment happens all the time, but once a year, the Parish Council brings the information together and collates it in a single document. Risk assessment is a systematic general examination of working conditions, workplace activities and environmental factors that will enable the Parish Council to identify any and all potential inherent risks. The Parish Council, based on a recorded assessment, will take all practical and necessary steps to reduce or eliminate the risks, in so far as is practically possible.
The Risk Assessment document is listed in our Policies and Procedures.