New tax plan delivers ‘good value’ for town

By timesecholife on in All News, Latest News

RESIDENTS in Cheadle will pay almost seven per cent more to the town council from April.

Civic leaders plan to increase spending by almost £20,000 in the new financial year.

And that means its annual precept for an average Band D property will be £71.31 – an increase of 6.93 per cent on last year’s figure.

The budget, confirmed at a meeting this week, includes grants of £5,000 for both Cheadle Festival and Party in the Park.

But it means the average taxpayer will have to fork out an extra £4.62 – even before expected increases are imposed by Staffordshire Moorlands District Council.

The town council, which increased its precept by around eight per cent in 2017, estimates it will spend £307,775 in 2018/19.

Income will remain at £35,000 but its council tax grant will be down by £5,000, leaving the forecast for total expenditure at £265,809 – an increase of £19,787 or just over eight per cent.

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1 Comment

• Should NEVER be more than inflation. Increasing poverty is NEVER a good idea.
  Written by Mark philps, January 18, 2018 - Reply

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