Financial Information

Annual Returns

Daventry Town Council is required, in accordance with the Accounts and Audit Regulations, to complete an Annual Return setting out Accounting Statements and an Annual Governance Statement for each financial year. These statements and their supporting documentation are audited by the Council's Internal Auditor and an External Auditor.

Annual Return 2018/19

The Annual Return, as published is yet to be reviewed by the appointed auditor, and may be subject to change.

Annual Return 2017-18

Annual Return 2016-17

Daventry Town Council Tax - Also known as Precept

The Precept is that element of your Council Tax that is paid to Daventry Town Council. Each year, the Council draws up budgets and calculates how much money it needs for the next Financial Year. These are then submitted to Daventry District Council.

For the Council Year 2018/2019

Daventry residents contributed, on average, £0.95 per week.

The Year Ahead 2019/2020

Daventry residents will contribute, on average, £1.26 per week.

With the uncertainty of the outcome of local government reform in Northamptonshire, DTC sought to invest in retaining key assets and services to secure management at a local level resulting in the need to increase the precept, on average, of £0.31p per week, for a band D property, to the town council's part of the council tax.

Where will this additional £0.31p be spent?

In anticipation of the changes in local government for Northamptonshire, the Town Council has budgeted £0.15 to cover potential legal and administrative costs to secure and protect assets and services for the Town. Following the successful trial of a sponsored Police Community Safety Officer (PCSO) for the Town (previously funded via earmarked reserves) £0.08p has been included in the budget for 2019/20. The Council's 5 year contract for Christmas lights came to an end in 2018, therefore £0.06p has been allocated for a new Christmas Light Scheme and finally £0.02p has been budgeted to provide funding for key community support services provided by Daventry Citizens Advice Bureau.

Precept and Budget details can be seen in the documents below

Additional details of Daventry Town Council's budget for the financial year 2019/20 are available from the office.

Members Allowances and Expenses

Daventry Town Council has voted against awarding allowances to its members, but members are reimbursed expenditure incurred whilst on Council business.

The Mayor receives an annual allowance of £3000 to facilitate Mayoral/Civic duties.

Community Infrastructure Levy

Daventry District Council (DDC – the Charging Authority) introduced it's CIL charging schedule on the 1st September 2015. Regulation 62A of the Community Infrastructure Regulations 2010 (as amended) (CIL Regulations) requires the Daventry Town Council produce an annual report for each financial year setting out the amount of CIL receipts received: spending of CIL receipts; and the amount of CIL retained by the Council for future spend.

Financial Risk Assessments

Risk is the threat that an event or action will adversely affect an organisations ability to achieve its objectives and to successfully execute its strategies. Risk management is the process by which risks are identified, evaluated and controlled. It is a key element of the framework of governance together with community focus, structures and processes, standards of conduct and service delivery arrangements.

This document has been produced to enable the Town Council to assess the risks that it faces and satisfy itself that it has taken adequate steps to minimise them. The Council is aware although some risks can never be eliminated fully, it has in place a strategy that provides a structured, systematic and focused approach to managing risk which:

  • Identifies the key risks facing the Council
  • Identifies what the risk may be
  • Identifies the level of risk
  • Evaluates the management and control of the risk and records findings
  • Reviews, assesses and revises procedures if required.

Community Grants

Daventry Town Council work in partnership with key local organisations to support some key community services:

  • Police - CCTV for crime prevention and community safety
  • DACT - Daventry Town Dial-A-Ride
  • Daventry District Council - Community Allotments
  • Daventry Community Association - Community Building/Hall

Daventry Town Council also awards grants of up to £1000 to voluntary organisations established for the benefit of the Daventry community.

If you are a local voluntary organisation, email: or pop into the town council offices and pick up an application form.

Financial Regulations