We review our budgets during the autumn of each year and set the budgets for the following financial year (April to March) each January.
The council raises much of its income by levying a precept on Northumberland County Council, which the county council subsequently collects from residents as part of the Council Tax. Seaton Valley Council’s element of the Council Tax is calculated by dividing the council’s net budget by the Band D Council Tax Base.
We are also required to complete an Annual Return for submission to the Government. This return is subject to external audit and must be made available for public inspection. The Internal and External Audit Reports are also available.
The council produces an annual report each year which summarises the previous year’s activities and provides information on how the council spent its monies in the year.