Most of the Town Council’s income comes from the precept, which is collected by East Suffolk Council as part of the council tax. The Town Council receives no funding from local business rates nor funding directly from central government.
The Town Council’s annual budget gives estimated figures income and expenditure for the year. The management of Council’s income and expenditure is delivered through its various Committees, monitored by the Resources & Finance Committee and the Town Council
The Town Council adopts a detailed budget each year which funds the activities that are set out the Town Council’s Action Plan (Details Below).
For the second year running this budget ensures that there is no increase in the Town Council’s element of council tax for 2022-23.