Wokingham Today

Reduced incomes leads to precept rise

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REDUCED incomes as a result of the coronaviru­s pandemic means thatWoodle­y

Town Council is planning to increase its council tax precept.

The charge, added to residents bills, helps fund services run by the town council. It is usually offset by fees for, among other things, room hire of the Oakwood Centre.

Last year, the town council had budgeted for an income of £762,287, but it is estimated that it will be just £270,383.

Last autumn, it canvassed views of residents to seewhat rise theywould accept.

One-in-five households responded, saying that a rise of at least 20% would be acceptable – 43p perweek. And 42.5% felt £1.09, the highest band suggested, would be OK.

Earlier this month, Woodley Town Council agreed to increase the precept by £6.79 per month – 56p permonth. The annual figurewill be £119.65 for a Band D council tax property.

The council’s precept level for the year is £1,293,034, an increase of £89,846 on last year. The shortfall between the residents’ increasewi­ll be £111,414, and come from its general reserves.

Cllr Keith Baker said: “This pandemic has caused huge financial stresses for the Town Council

“We responded to these financial challenges by asking local residents howmuch of an increase in the Town Council Tax they could accept.

“Unpreceden­ted across the borough, we received a response from one in five households and I would like to thank thosewho took part.

“95.5% of the respondent­s accepted the lowest increase option, however, the Council has been able to keep the increase to less than a third of this at only 56p permonth.”

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