Parish Budget and Precept set for 2026/27

Thakeham Parish Council depend on an annual payment known as the precept, provided by Horsham District Council. The precept represents the specific amount of council tax requested from the Borough Council, that the Parish Council believes it will need to spend on projects and the grounds maintenance of the parish.

For a typical home in Band D, this adds up to £66.36 per year or £1.27 per week. The Council has strived to keep the 2.08% increase over last year, below inflation. The £1.35 increase is similar to half the cost of a cup of coffee at a coffee shop.

We understand that any increase in precept can impact on households, who are currently finding life difficult in this current economic climate, and we want to assure you that this modest increase was with careful consideration. As always, Thakeham Parish Council aims to maintain the lowest possible precept while maintaining and renewing our parish open spaces, play areas & others services.

Thakeham Parish Council Annual Day-to-Day Finance

Thakeham Parish Council regularly meet on a monthly basis to discuss its current financial position against the budget set for the precept. During this meeting monthly payments and schedules are discussed, approved and ratified. Details of monthly spending can be found in the monthly minutes of council meeetings.

Click here to see the Meeting Minutes

How the Parish Spends its Money

Thakeham Parish Council receives revenue in 3 ways. 

1. Through the precept (see above)

2. Through legal agreements with the local planning authority and developers called Section 106 Funds (S106)

3. Through Community Infrastructure Levy payments (see below)

Section 106 Funds

The Abingworth development came with a village hall, cricket ground and pavilion, recreational/football pitches and changng rooms. Under the stewardship of Thakehan Parish Council funding was allocated to these projects to be spent on care and maintenance over a prolonged period of time. 

Community Infrastructure Levy

The Parish council undertake numerious infrastrucure procject such as environmental projects, cration and maintenance of brideways and pathways.

Click here to see the projects to see how the money is spent

Thakeham Parish Council publishes figures for the maintenance and upkeep of these facilities on an annual basis.

Click here to view the details of the spending for the football pitches and changing rooms

Click here to view the details of the spending for the cricket ground and pavilion

Current Assets Register 

Click here to view the Current Assets Register

Financial Reporting

ANNUAL ACCOUNTS 

[TO BE UPLOADED]