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Finance

Commons Allotment Charity Grants and Precept Grants – Budget 2024/2025

The Town Council has allocated its Commons Allotment Grant Funding (£6,600.00) as well as Precept Grant Funding (£22,400.00) for 2024/25. A full list can be viewed on the Town Council’s website.

As per last year, Members decided to keep a small pot of reserve grant funding to be made available during the period 1st April 2024 – 31st March 2025 for adhoc urgent requests for funding.

At the January Town Council meeting Members agreed a budget for 2024/25. The agreed precept reflects an increase of 3.65% on the Town Council element of council tax bills in Great Torrington for 1st April 2024 – 31st March 2025.

The increase of 3.65% equates to an increase of £3.16 per annum for a Band A property and £3.69 per annum for a Band B property compared to last year. (Town Council element of increase only). Full details of increases for all Bands will be available on the Council’s website in due course.