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Council Tax

Council’s budget will maintain high standard of services and facilities for Edenbridge

At the Full Council meeting on 20 January, councillors approved the Town Council’s budget and precept for 2025-26.

Chairman Cllr Bob Todd said: “The Council is committed to maintaining and protecting the high standards of facilities for residents to enjoy while ensuring the stability of its finances. Budgeting inevitably involves tough decisions, and councillors remain mindful of the cost-of-living pressures affecting us all.”

The budget outlines the Council’s income and what it plans to spend. It also includes the precept – the amount of tax each household pays towards the services of Edenbridge Town Council, which is collected via your yearly Council Tax bill from Sevenoaks District Council. Your Council Tax also covers services provided by the Police, Kent County Council and Kent Fire & Rescue.

Council Budget 2025-26

Expenditure: £904,252.62

Expenditure (contingency): £23,453 – for building maintenance costs. Council continues with its aim to maintain financial stability with its reserves and, in the knowledge that some of its buildings require maintenance repairs, has included funding in the Precept towards these costs.

Income (estimated): £123,951.12 (e.g. from cemetery fees, market and hall hire)

Income – Council Precept: £804,054

Council Tax Band D equivalent: £201.08
(An increase from 2024-25 of £1.06p per month/or £12.76 annually)

Infographic of Edenbridge Town Council budget
Categories
Council Tax Finance

Draft budget and proposed Precept 2025-26

The draft budget for 2025–26 was reviewed by the Council during its December meeting. Prior to this, the Finance Committee carefully examined the budgets, expenditures, and income, identifying potential savings while considering rising costs for utilities, services, and the ongoing maintenance of numerous open spaces and council-owned buildings.

The Council is committed to maintaining and protecting the high standards of facilities for residents to enjoy, while also ensuring the stability of its finances. Budgeting often involves making difficult decisions, and councillors remain mindful of the cost-of-living pressures affecting everyone.

The draft budget and precept will be presented to Full Council for approval on 20 January 2025.

Categories
Council Tax Finance

Council approves budget and precept for 2024-25

At the Full Council meeting on 15 January, Councillors approved the Town Council’s budget and precept for 2024-25.

The budget outlines the Council’s income and what it plans to spend. It also includes the precept – the amount of tax each household pays towards the services of Edenbridge Town Council, which is collected via your yearly Council Tax bill from Sevenoaks District Council. Your Council Tax also covers services provided by the Police, Kent County Council and Kent Fire & Rescue.

Chairman Cllr Bob Todd said: “Our budget reflects the quality services we plan to provide while being mindful of the increase in costs we are all facing.”

Council Budget 2024-25

Expenditure: £858,575

Income (estimated): £113,390 plus the precept

Council precept: £745,185

Band D equivalent: £188.32, an increase of 15p per week/or £7.89 annually

Council Tax bills will be issued by Sevenoaks District Council in March, for the financial year starting on 1 April.

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