How is the Town Council Financed?
The net cost of the Town Council’s activities is financed by levying what is known as a precept, which is added to the Council Tax levy set by Knowsley Metropolitan Borough Council.
For 2016-2017, the Members of the Town Council resolved to increase the precept by stand still plus 10%, due principally to the loss in Support Grant received from Central Government via Knowsley MBC and to fund proposed future developments. The precept in 2016/17 will raise £318,215, an increase of £5.88 per annum at Band D equivalent level. .
On this basis, it still costs each Halewood Town elector a little over five pence per day to finance the Town Council.
In addition to the precept, as a result of yet further Government cuts in the Council Tax Reduction Scheme Grant, the Town Council will only receive £51,290 in 2016-2017 a LOSS of over £7,000 compared to 2015-2016.
Naturally, this further loss of income will put increasing pressure on Town Council budgets.
Details of the Town Councils budget for 2016/17 and historical similar data for the pervious two years is on the following document: