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Bury St Edmunds Town Council freezes council tax precept

News from the Bury Free Press

News from the Bury Free Press

Bury St Edmunds Town Council is to freeze its share of council tax for the next financial year.

Last night, the council set its precept for the 2014/15 financial year at £13.50 per Band D equivalent property.

It will receive a compensatory grant from Government of £14,492 to ‘top up’ the actual precept of £170,744.

The Government has reduced that grant by 25 per cent, around £5,000, on the previous year and is expected to continue reducing it by 25 per cent year on year.

The Town Council also adopted its 2014/15 budget at last night’s meeting. At £190,536, the new budget will see a £9,604 reduction on the current financial year.

 

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