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