Explanation of variances
Name of smaller authority: GITTISHAM PARISH COUNCIL
County area (local councils and parish meetings only: DEVON
Please provide full explanations, including numerical values, for the following:
- variances of more than 15% between totals for individual boxes (except variances of less than £200);
- a breakdown of approved reserves if the total reserves (Box 7) figure is more than twice the annual precept/rates & levies value (Box 2).
Section 2 | 2016/17 £ | 2017/18 £ | Variance £ | Variance % | Detailed explanation of variance (with amounts £) |
Box 2 Precept or Rates and Levies | 7630 | 7997 | -367 | -4.8 | |
Box 3 Total other receipts | 2964 | 1903 | 1061 | 35.7 | RECEIPTS DECREASED AS TAX REBATE NOT CLAIMED IN TAX YEAR 17-18 |
Box 4 Staff costs | 2457 | 2485 | -28 | -1.13 | |
Box 5 Loan interest/ capital repayments | NIL | NIL | NIL | NIL | |
Box 6 All other payments | 6167 | 6229 | -62 | 1 | |
Box 9 Total fixed assets & long term investments & assets | 15,585 | 15,585 | 0 | 0 | |
Box 10 Total borrowings | NIL | NIL | NIL | NIL | |
Explanation for ‘high’ reserves | Box 7 is more than twice Box 2 because the authority held the following breakdown of reserves at the year end: |
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