YOUR COUNCIL TAX PRECEPT EXPLAINED

YOUR COUNCIL TAX PRECEPT EXPLAINED
The primary source of income for most Parish Councils comes from the Precept, part of the Council Tax. We hope to explain the contribution you make to the Town Council through your Council Tax and how it is spent.
WHAT IS A PRECEPT?
The Town Council receives a small proportion of the local Council Tax. It does not receive any direct funding from central government. The funding collected pays for the running of the Council and the services it provides.
HOW IS IT CALCULATED?
The Town Council makes an estimate of income and expenditure for the next financial year, including some for future planned projects and/or unexpected events. It is then calculated as an amount per Council Tax Band D Property and added to the Council Tax Bill of all the dwellings within the Parish area.
HOW IS IT RAISED?
West Oxfordshire District Council collects your Council Tax on behalf of the District Council, County Council, Police, Fire and the precepts for any Parish/Town Councils in their district. It is important to note that Witney Town Council’s precept is just a small percentage of your overall Council Tax Bill.
HOW MUCH IS IT?
This year, there is a small increase in the precept charge to Witney residents. The precept has been limited to an increase of just 3.36%. From April 2017 the cost per average household (Band D property) has increased from £130.52 to £134.91 per annum. This is a rise of £4.29 per property for the year, which equates to a weekly increase of only 8.4p per household.
WHY HAS IT GONE UP?
Along with having to continue to absorb cuts to Central Government support grants, we have allocated budgets to the recently reopened Corn Exchange and committed a budget to support a local bus service for residents.
HOW IS IT SPENT?
Your precept is spent on maintaining the provision of all the facilities and services the Town Council offers as shown in the graphic.

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