Penrith town council budget summary
Penrith Town Council's precept has increased from £347,778 in 2017-2018 to £417,739 in 2018-2019. More detail is shown below:
|Communities, culture and economic growth||133,500||98,500|
|Committees' net requirement||349,626||421,001|
|Council tax reduction grant||-7,031||-8,058|
|Plus Contribution to Reserves||-24,367||0|
The precept has increased to support the growth in the Town Council's activities as it continues to develop after its creation in May 2015.