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Council Documents

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Precept & Budget Information

In order that the Town Council can fund its duties and responsibilities, it asks Teignbridge District Council to collect a share of the Council Tax on its behalf.

Every Autumn, the Town Council compiles a list of anticipated expenses for the next financial year starting the 1st April. Each line of expense is given a target figure for expenditure – a “budget”. The budget lines are totalled, projected income is deducted and the balance is funded from the local Council Tax. This balance is called the “precept”.

Teignbridge have a list of all properties in the town together with their council tax banding. The base for calculations is Band D. The precept figure is divided by the base figure for Band D to give a council tax requirement to be collected from householders. Those in houses banded A to C will be asked for less than the base, those in bands E to G will be asked for more.

Find out more about Council Tax

Recent finance figures are available as follows…

 

Council Documents 2024 to 2025

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Payments 2024 - 2025

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2022 to 2023

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2021 to 2022

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2020 to 2021

2019 to 2020

2018 to 2019

2017 to 2018

Audit Information

2022 to 2023

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2021 to 2022

2019 to 2020

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Community Infrastructure Levy

What is Community Infrastructure Levy (CIL)

CIL is the charge due on new development to be used to provide infrastructure that supports the development of the area. Teignbridge District Council started charging the Levy on 13 October 2014.

CIL charges have been set by location depending on development viability – largely driven by house prices and affordable housing targets. Charges are made per internal square metre of new floor area; once development commences the full amount of CIL becomes payable. Payments are phased over 24 months and are non-negotiable. CIL payments are received by Teignbridge District Council who will then pay 15% of the CIL income to the local council (ie the Town or Parish Council), unless a local council has an up to date adopted Neighbourhood Plan, then local council shall receive 25% of CIL income within its area.

 

What can Community Infrastructure Levy (CIL) be spent on?

Local councils can spend their CIL on the provision, improvement, replacement, operation or maintenance of infrastructure; or anything else that is concerned with addressing the demands that development places on an area. Teignbridge and Devon County Councils have outlined strategic infrastructure requirements in the Teignbridge Infrastructure Delivery Plan. The CIL that the District Council retains will contribute towards some of the projects it identifies.

 

Reporting Community Infrastructure Levy (CIL) spend

Local councils have a legal duty to prepare an annual report of CIL received and spent in any financial year, including reporting on the following matters;

  1. Total CIL receipts for the reported year;
  2. Total CIL expenditure for the reported year;
  3. Summary of CIL expenditure during the reported year including the items and amounts of CIL expenditure on each item.

CIL for Kingsteignton

As Kingsteignton does not have an adopted Neighbourhood Development Plan it is entitled to 15% of the CIL income for the area. These are paid directly to the Parish Council to manage the spend in the town on behalf of the community. An annual statement of income and expenditure must be published. Reports linked below…