An Isle of Wight town council has agreed to freeze its council tax precept for the second year running.
Last night (Tuesday), Yarmouth Town Council decided its 2023 precept level would remain the same as 2022’s, despite rising costs.
Fifth-highest on average
In 2021/22, Yarmouth’s average Band D council taxpayer paid £128.35 a year — fifth-highest on average, behind Ventnor, Sandown, Ryde, and East Cowes.
This was on top of Council Tax payments to the Isle of Wight council, police and fire authorities.
The final precept figure will be determined later in the year. The precept last rose for Yarmouth residents in 2021.
One of the first
Yarmouth Town Council has been one of the first town, parish and community councils on the Island to set its budget.
Others will make their decisions in the next couple of months.
Five per cent increase
The Isle of Wight Council has already warned Islanders they are likely to face a five per cent increase in the main part of the monthly charge, as financial pressures continue to rise.
Take the survey
Until 20th January, a survey open for residents to have their say on how they think the IW council should spend its money.
Find it on the council’s Website.
This article is from the BBC’s LDRS (Local Democracy Reporter Service) scheme, which News OnTheWight is taking part in. Some alterations and additions may have been made by OnTheWight. Ed
Image: © with kind permission of Graham White aka Chalkie
