Town Council Proposes to Freeze Their Precept of Council Tax

Henley Town Council’s Finance, Strategy and Management Committee proposed to freeze their precept of resident’s Council Tax and not increase it by 5% as was proposed by the the Town Clerk.

The Committee reviewed the draft budget, noting that the budgeted deficit had been reduced to achieve close to a balanced budget through increased efficiencies and greater commercial income.

A D band property Henley Town Council precept will remain at £116.29 with SODC, Oxfordshire County Council and Thames Valley Police being agreed and added to this.

The Town Clerk, Sheridan Jacklin-Edwards had proposed a 5% increase in the precept, that this represented a real-terms reduction in the level of council tax, and that the precept remained the lowest of all town councils in the district. However, the Committee also felt that any increases in the precept should be minimised given the current cost of living crisis, and therefore should be frozen at the current level, with recommendations to the Town Clerk that a further review of the budget be undertaken to find further savings.

It was also proposed that the Mayor’s allowance of £8,200 will also be frozen and the Town Clerk will undertake a further review to budget with the aim of achieving a balanced budget.

The proposals will now go to Full Council next week.