Haverhill Town Council approves modest Council Tax rise
Haverhill Town Council last night approved its first Council Tax increase since April 2014.
Its annual precept for 2016-17 will rise by 1.2 per cent, equivalent to almost 3p a week.
The council says the modest rise, along with its tightening of finance budgets, will enable it to absorb the loss of a £32,233 Support Grant being withdrawn by St Edmundsbury Borough Council.
This is the third year the Support Grant has been cut, resulting in a cumulative loss to the town council coffers of £193,000.
Colin Poole, the town clerk, justified the increase against a background of budget savings.
He said: “When I came into post in June 2014, the town council’s expenditure budget was £1.26 million. This year the budget is £1.07 million. “Whilst any increase in council tax will be unwelcome in some households, the context is that nearly £200,000 of savings have had to be found, so it is not surprising that we are in a position where a small precept increase is also needed to maintain the services and events people enjoy in town.”