The parish council sets a budget each year for the following financial year. This is based on past costs and projections of future needs. The main part of the council's income is paid through a precept from Sevenoaks District Council. This money is a proportion of householders' council tax bills. Other income comes from various rents as well as continuing rolling funds. Sometimes the council successfully bids for grant fund for particular projects.
The council receives monthly accounts at its main meetings. The accounts are checked monthly by councillors and undergo an internal and external audit every year.
The council's finances are managed in line with these Financial Regulations .
The council sometimes receives a proportion of the CIL payed for development in our parish. This is ring-fenced for infrastructure projects. We are required to complete an annual return relating to these payments which can be found here.