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Budgets
Each year the Parish Council agree a budget for spending for the following year.
This will take into account all of the duties they perform, such as maintenance of the village and village assets, provision of streetlighting, provision of bins for general and dog waste, and verge and green space maintenance.
They must also decide what larger projects, if any, they need, or would like, to undertake, and must budget for this accordingly.
Once a budget has been agreed, an amount is agreed as a "Precept". A Precept is the amount of money that a Parish Council collects from the residents of the parish in order to pay for the budget that has been agreed. This is not the only income that Maids Moreton Parish receive. Income from The Maids Moreton Scouts, Maids Moreton Cricket Club and Buckingham Rugby Club is collected and added to the receipts to contribute to the running of their respective buildings or playing field.
Any grants that are received by the Parish Council have zero impact on the budget as they are both received and spent in the allocated timeframe.
Once agreed, the Precept request is sent to Buckinghamshire Council and collected as part of residents Council Tax.