Town Council Agree to Raise Council Tax Precept by 3%

At the Full Council Meeting on Tuesday this week, Councillors agreed the 23/24 budget with a 3% increase to the Town Council’s precept of Council Tax.

This means that a Band D household’s annual bill would increase from £116.30 to £119.79.  The Town Council’s precept is just one of 4 parts; others are South Oxfordshire District Council, Oxfordshire County Council and Thames Valley Police who have not yet agreed their budgets.

For the first time in many years, Henley Town Council’s budget does not have a deficit and a small surplus.  Last year (2021/2022) the deficit was 117,327 and is forecasted to be £128,427.  Councillor Ian Reissmann said, “Our Auditors have said that we should take active steps for a balanced budget for future years.”