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Budgets

At a meeting of Full Council on 16 December 2024, Bromyard and Winslow Town Council resolved to request a precept of £296,744 for the financial year 2025/26. This is an increase of 17.35% on the precept for 2024/25. A number of factors have contributed to the need to raise the precept by this amount. They include:

· Additional services to increase street sweeping and maintain the good appearance of the town

· A reduction in parking revenues for 2024/25 caused by technical and legal issues

· Reduced office rental income for 2024/25 due to lower than expected occupancy

· Anticipated increases in the costs of purchased services

· The increase in National Insurance contributions announced in the Budget of 30 October

The Town Council realises that the increase may be unwelcome and its decision was arrived at only after lengthy consideration. The increase however is the minimum necessary to maintain services to residents and also maintain the reserves necessary to meet future contingencies.

Approved Budget 2025-26

Annual Budget 2024-25 – By Combined Account Code (Actual YTD Month 6)

Annual Budget 2023-24  – By Combined Account Code (Actual YTD Month 6)

Annual Budget 2022-23 – By Combined Account Code (Actual YTD Month 6)

Annual Budget 2021-22 – By Combined Account Code (Actual YTD Month 6)