Explanation of variances – pro forma  Collingbourne Ducis Council   County area (local councils and parish meetings only: Wiltshire   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 %(Variance divided by 2017 figure multiplied by 100 
Detailed explanation of variance (with amounts £)
Box 2 Precept or Rates and Levies
20047 20574 +527 2.6%  N/ A
Box 3 Total other receipts
4713  3909  -804  -17%  Reduction in Burial Ground Fees received (-£739)  Reduction in Tenacies Income recieved (-£48) Reduction in  Bank interest (-£17)      Box 4 Staff costs 
5348  5459  +111 2% 
N/A
Box 5 Loan interest/ capital repayments
2656   2656   Ni l   Ni l  
N/A
Box 6 All other payments
11880 9936  -1944  -16.3%  Reducdtion in costs of Grounds Manitence contract (£-1731), reduced audit fees (-£100) and no reduced Accts Sp (-£113)      Box 9 Total fixed assets & long term investments & assets
10 56 37   105 6 37   Ni l   Ni l  
N/A
Box 10  Total borrowings
25 00 0   25 00 0   Ni l   Ni l  
N/A
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: N/A as Box 7 = £31,195 & Box 2 = £20,579