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Budget

The budget is our annual estimate for all receipts (income) and payments (expenditure). It influences the precept we need to request through Council Taxes.

For 2020 to 2021, a taxpayer in Band D will see an 11.5 pence per week increase on their Council Tax bill.


Summary

This year’s budget shows an increase in the amount of precept requested from the taxpayer of Penryn, this will allow the Town Council to continue with its bid to take on assets from Cornwall Council to safeguard them for the future, these include College Field, Glasney Playing Field, Permarin, Commercial Road and Saracen Car Parks and the grassed area at the bottom of Quay Hill.

Additional projects for the 2020 to 2021 financial year include VE day celebrations, installation of wi-fi in the Temperance Hall, a climate audit on the Council’s property and replacement floodlighting for the Clock Tower of the Town Hall.

The Town Council will continue to support Bee-friendly planting, Town Fair, Penryn Week and the annual Christmas Lights. Assistance may also be given to Community Groups through the Council’s community grant scheme.

The budget also includes the running of Penryn Museum and subsidising the halls ensuring a very reasonable rate can be charged to residents and community groups.

The Town Council also maintains footpaths and verges, Doorstep Green in Glasney Valley, benches and floral displays.


Income

Where the budget comes from

Precept £280,448 91.55%
Footpaths, grants and other income £12,344 4.03%
Halls and museums £8,900 2.91%
Library £1,400 0.46%
Events £1,750 0.57%
Cemetery fees £1,130 0.37%
Interest £350 0.11%
Total income £306,322 100%

Expenditure

How the budget will be spent

Administration £29,805 7.95%
Staff costs £177,370 47.30%
Library £20,202 5.39%
Civic £5,870 1.57%
Projects and events £28,100 7.49%
Halls and museums £27,528 7.34%
Insurance £5,000 1.33%
Public toilets £6,380 1.70%
Cemetery £11,024 2.94%
Memorial garden £1,850 0.49%
Health and safety £3,775 1.01%
Elections £5,500 1.47%
CCTV £8,000 2.13%
Car parks £12,803 3.41%
Amenities £17,603 4.69%
Community grants £6,000 1.60%
Capital expenditure £8,200 2.19%
Total expenditure £375,010 100%

Annual accounts

1 April 2020 to 31 March 2021

Local Councils in England with an annual turnover of £6.5m or less must complete an annual return summarising their activities at the end of each financial year. It is made up of four sections:

  • Sections 1 and 2 are completed by the person nominated by the local council
  • Section 3 is completed by our external auditor
  • Section 4 is completed by the local council’s internal audit provider

Downloads

The following documents will be available to download once complete.

  • Notice of Conclusion of Audit 2020 to 2021 (PDF)
  • Annual Returns for Year Ending 31 March 2021 (PDF)

If you are looking for monthly accounts, they can be viewed in council meeting agendas.


Accessible documents

We’re working on making our published documents more accessible. You may also request a published document in an alternative format.