The Town Council is keen to share with its residents’ information about the Council’s budgets and financial position. Each year a statement on the draft budget and Percept for the new financial year is published on this page below.
2023-24 Statement on Budget & Precept (approved by full Council 16 January 2023)
Click to view 2023-24 budget
2023-2024 Statement for proposed Precept & budget (The full Council will consider approving the budget at its meeting on 16 January)
Preparations for the new financial year’s draft budget starts in September/October time. The Town Clerk and the RFO review the Town Council’s income and expenditure, reserves, and its budgets, together with the Chairman and Vice-Chairman of the Finance Committee. The Forward Planning Steering Group considers the Council’s projects and if any of these may have an impact on the Precept. A view on the Council’s finances and Precept is presented to Finance Committee to consider and prepare the draft budget so that a recommendation on the Precept can be made. This is presented to the full Council December meeting to consider. Once the full Council has confirmed its recommendations for the budget and Precept, the draft budget, is then published here, on the Council’s website. At the Council’s January meeting it will reconsider, and confirm the budget and Precept for the coming financial year.