90% of the Council’s planned expenditure will be funded by its precept. Formulating the budget is, therefore, crucial to its day-to-day operations. Without adequate funding, the Council will not be able to meet its financial obligations.
The Budget is prepared by the Council’s Responsible Financial Officer, following discussions by each of the Committees. Recommendations are then made to the full Council and the Council, as a corporate body, takes the formal decision to approve and adopt the Budget.
The Budget for the Council year ahead is approved at a Council meeting in February of each year when the Parish Council also approves its Precept Demand to be made to Kirklees Council.