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Cotgrave Town Council leaflet

Cotgrave Town Council Budget Summary 2026/27

Budget Summary 2026/27

Cotgrave Budget Summary 2026-27
column title 2026-2027
£
2025-2026
£
General Purposes 147,095 140,790
Environment 127,375 121,600
Allotments minus 1,900 minus 2,100
Sports Pavilion 2,150 1,100
Grants 13,375 14,100
Community Events 7,120 7,350
Cotgrave Futures 1,000 1,000
Contingency 0 0
Lightsource Grant minus 7,950 minus 7,800
Total 288,265 276,040

 

Funding of 2026/2027 Budget

(Comparable 2025/2026 figures in brackets)

Precept on Local Council Taxpayers: £288,265 / (£276,040)

Tax Base: 2466.4 / (2433.8)

 

Precept for Band D Property: £117.99 (£113.42) or £2.27 (£) per week is a percentage change 3.10% increase (11.3%) on 2025/26

Funding Budget Summary 2026/27
Year Tax Base Leisure Centre Contribution
£
2018-2019 2303.4 19,871
2019-2020 2344.7 20,268
2020-2021 3418.5 20,572
2021-2022 2431.9 20,800
2022-2023 2433.8 0
2023-2024 2433.8 0
2024-2025 2433.8 0
2025-2026 2433.8 0
2026-2027 2466.4 0

The contribution to the Leisure Centre was to increase in line with an estimated Retail Price Index (RPI) figure from 1 April 2012 until it is reviewed with Rushcliffe Borough Council. The leisure contribution ceased from October 2021, due to Cotgrave Town Council relocating its office and garage facilities.

Council Administration Budget - Budget Summary 2026-2027

Council Administration Budget - Budget Summary 2026-2027
Finance and General Purposes Expenditure
£
Income
£
Net Cost
£
Wages 113,295 0 113,295
Establishment Costs 39,700 minus 5,900 33,800
Precept Received - minus 288,265 minus 288,265
Lightsource Community Fund 0 minus 7,950 minus 7,950
Community Events 7,700 minus 580 7,120
Contingency 0 0 0
Finance and General Purposes 160,695 minus 302,695 minus 142,000

 

 *Light Source funding has been awarded to Cotgrave TC from May 2016 for a period of 20 years.

Council Administration Budget - Budget Detail 2026-2027

Council Administration Budget Detail 2026-2027
Finance and General Purposes Expenditure
£
Income
£
Net Cost
£
Wages Expenditure Income Net Cost
Council Admin Salaries 106,575 - -
F and GP Members Allowances 0 - -
Wages Contingency 3,720 - -
Financial Work 3,000 - -
Total – Wages 113,295 0 113,295
Establishment Costs Expenditure Income Net Cost
DBS (CRB) Disclosures 0 - -
Internal Audit 450 - -
External Audit 1,000 - -
Legal & Professional Fees 0 - -
Subscription 2,500 - -
Information Commissioner 50 - -
Insurance 10,500 - -
Training & Mentoring 500 - -
Conferences 500 - -
Travel 50 - -
Newsletter 5,500 - -
Stationery 200 - -
Postage 25 - -
Photocopying 150 - -
Telephones 1,000 - -
Cotgrave Town Council Website 1,000 - -
Health and Safety 0 - -
Council Hospitality 50 - -
Equipment Servicing 0 - -
Office Repairs and Maintenance 300 - -
Computer Hardware or Software 1,500 - -
Capital or New Equipment 0 - -
Studio Rental 0 - -
Election Fund see note 2 0 - -
Other expenditure 200 - -
Bank Charges 50 - -
Rates 3,675 - -
Meeting Room Hire 0 - -
Suite F Rent and Service Change 8,400 - -
Suite F Electricity 2,100 - -
Interest Received - minus 5,700 -
Advertising Income - minus 200 -
CIL Income - 0 -
Total - Establishment Costs 39,700 minus 5,900 33,800
Precept Received Expenditure Income Net Cost
Precept - minus 288,265 -
Total Precept Received - minus 288,265 -
Lightsource Community Fund Expenditure Income Net Cost
Lightsource Project - minus 7,950 -
Total - Community Events - minus 7,950 -
Community Events Expenditure Income Net Cost
Christmas Event 3,500 minus 200 -
Safari 0 minus 30 -
Cotgrave Festival 3,200 0 -
Other Community Events 1,000 minus 350 -
Youth 0 - -
Total - Community Events 7,700 minus 580 7,120
Contingency Expenditure Income Net Cost
Replacements and Refurbishments 0 - -
Total - Contingency 0 0 0

 

Recreation and Parks Committee - Budget Summary 2026/27

Recreation and Parks Budget Summary 2026-27
Recreation and Parks Expenditure
£
Income
£
Net Cost
£
Environment 139,475 minus 12,100 127,375
Allotments 1,700 minus 3,600 minus 1,900
Sports Pavilion 5,100 minus 2,950 2,150
Recreation and Parks 146,275 minus 18,650 127,625

 

Recreation and Parks Budget Detail 2026/27

Recreation and Parks Committee Budget Detail 2026-27
Recreation and Parks Expenditure
£
Income
£
Net Cost
£
Environment Expenditure Income Net Cost
Salaries 87,150 - -
Insurance (vehicle) 1,000 - -
Training and Mentoring 2,500 - -
Health and Safety 500 - -
Capital or New Equipment 0 - -
Safety Clothing 200 - -
Plant Baskets 3,750 - -
Dog Bin and Rubbish Cleaning 0 - -
Hedge Cutting 5,000 - -
Vehicle Maintenance 1,000 - -
Fuel 1,500 - -
CCTV Maintenance 0 - -
Grounds Maintenance 12,000 - -
Repairs and Maintenance 1,050 - -
Gritting Salt 100 - -
Bark Top Up 500 - -
Leases – Parks & Allotments 1,500 - -
Play Equipment Maintenance 3,000 - -
Playground Inspections 1,575 - -
Tools and Consumables 1,500 - -
MUGA Costs 400 - -
Community Warden 0 - -
Other Expenditure 500 - -
Shopping Centre Clearance - minus 8,500 -
Annual Fair and Circus - minus 600 -
Grass Cutting - minus 3,000 -
Unit 28 Rent 8,400 - -
Unit 28 Rates 3,950 - -
Unit 28 Water 750 - -
Unit 28 Electricity 450 - -
Mileage allowance 200 - -
Waste Removal Unit 28 1,000 - -
Total - Environment 139,475 minus 12,100 127,375
Allotments Expenditure Income Net Cost
Insurance 0 - -
Water 1,200 - -
Allotment Maintenance 500 - -
Allotment Rental Income - minus 3,600 -
Total - Allotments 1,700 minus 3,600 minus 1,900
Sports Pavilion Expenditure Income Net Cost
Pavilion Lease 1,200 - -
Pavilion Repairs and Maintenance 2,000 - -
Electricity 1,000 - -
Septic Tank Emptying 400 - -
Annual Testing 500 - -
Colts Income - Arthur Ridley - minus 2,100 -
Colts Income - Madison Field - minus 850 -
Total - Sports Pavilion 5,100 minus 2,950 2,150

 

Cotgrave Futures - Budget Summary 2026-2027

Cotgrave Futures - Budget Summary 2026-27
Cotgrave Futures Expenditure
£
Income
£
Net Cost
£
Building Maintenance 1,000 - -
Cotgrave Futures CCTV 0 - -
Total - Cotgrave Futures 1,000 0 1,000

 

Grants - Budget Summary 2026-2027

Grants Budget Summary 2026-27
Grants Expenditure
£
Income
£
Net Cost
£
British Legion 400 - -
Community Fireworks Display 3,200 - -
Centre Contribution 0 - -
Community Grants 4,000 - -
Pensioners Event - S137 5,775 - -
Total - Grants 13,375 0 13,375

 

Summary of Financial Transactions for Cotgrave Town Council 2026-2027

The summary will be divided up into two sections as follows:

Section 1 Explanatory details on:

  1. Sources of income
  2. Areas of expenditure

Section 2 Financial detail on:

  1. Income
  2. Expenditure
  3. Reserves

Section1

  • a) Sources of income
    • Precept on Council tax as set by Cotgrave Town Council
    • Other Services
      1. Shopping centre clearance
      2. Grass cutting
      3. Pitch and sportsground rental
      4. Allotments
      5. Annual fair
      6. Community projects
      7. Interest
  • b) Areas of expenditure
    • Administration staff 1 full time and 1 part time
    • Maintenance staff 2 part time
    • Park Keeper staff 3 part time
    • Litter Picker staff 1 part time
    • Hanging Baskets
    • Bins, benches, and dog bins
    • Vehicle Maintenance
    • Arthur Ridley Sportsground pavilion
    • Grass cutting, boarders and shrubs, etc.
    • Play equipment at the Green, Grassmere, Broadmeer, Ring Leas
    • Open spaces at the Green, Grassmere, Ring Leas, Maddison Park
    • Grants
    • Pitches at Ridley Sportsground (Home of the Cotgrave Football Club), Maddison Park, Multi Use Games facility
    • Allotments at Burhill, Forest Close and Hollygate
    • Capital Projects
    • Elections
    • Clearance and general maintenance
    • Newsletter
    • Community projects and events
    • Councillor allowances (* see note)
    • Leisure Centre Revenue Subsidy (# see note)

Note #: In 1997 in order to secure a swimming pool for Cotgrave, Cotgrave Town Council signed a legal agreement with Rushcliffe Borough Council. This agreement is in the form of a lease, whereby Cotgrave Town Council leases its office and workshop within the Cotgrave Leisure Centre for a period of 99 years. As part of this lease Cotgrave Town Council agreed to pay a revenue subsidy each year towards the running of the leisure centre, subject to inflation. For 2021/2022 this subsidy amounts to £20,800.

Leisure Centre Contribution ceased in October 2021, due to relocation of council office and garage.

Note 2: Elected only Councillors are entitled to claim an allowance of £250 per annum, although some councillors may choose to opt out. The Chair will be paid extra in recognition of his / her extra responsibilities and workload – i.e., £250 plus an additional honorarium (£1000) in recognition of the Chair’s greater input.

Councillors agreed not to call for councillors' allowance in 2025/26 due to the financial impact at the current time.

Section 2

a) Income

  • Precept £288,265
  • Other Sources £33,080

Total £321,345

b) Expenditure

  • Recreational and Parks £146,275
  • Finance and General Purposes £160,695
  • Grants £13,375
  • Leisure Centre Revenue Subsidy £0
  • Cotgrave Futures £1,000

Total £321,345

c) Reserves at 31 March 2025

  • General Reserve - £21,955
  • Election Reserves - £5,000
  • Play Equipment Contingency - £0
  • Play Equipment Replacement - £0
  • Community Reserve - £32,299
  • Parish Paths - £0
  • Town Plan - £0
  • Youth Council - £1,000
  • Recreational Projects - £120,000
  • Play Space - £30,000
  • CCTV Digital Recorder - £7,000
  • Light source Funding - £9,479
  • Shared Access £0
  • Allotment Maintenance - £7,214
  • Ear Marked CIL (Community Infrastructure Levy) £143,874
  • Ear Marked CIL may 2025 - £38,062

Total £415,883

More details of Cotgrave Town Council’s financial accounts can be obtained by using one of the following sources:

  • Local Notice Boards
  • Internet on www.cotgrave-tc.gov.uk or email clerk@cotgrave-tc.gov.uk
  • By telephone on 0115 989 3876 or 07877 258 150
  • By calling in at Cotgrave Town Council Office