Woodley Town Council reduces Precept by ÂĢ3.06 per Band D household for 2024-25
Each year, the Town Council considers its proposed budget for the coming year and assesses the funding that will be required to deliver its services.
It is estimated that the Councilâs total expenditure in 2024/25 will be in the region of ÂĢ2,294,718. This will be funded from anticipated income of around ÂĢ964,377 from the Councilâs businesses and income generating activities, ÂĢ165,841 from the Councilâs general reserve, and ÂĢ1,164,500 from the precept levy on Wokingham Borough Council.
This equates to a charge of ÂĢ106.69 for a band D property in Woodley, to deliver the Town Councilâs services. This is a reduction of ÂĢ3.06 per band D household from the 2023/24 precept level. Income from Woodford Park Leisure Centre, The Oakwood Centre and the community halls has been strong through the year and we are investing in these facilities to ensure they continue to provide high quality services for residents.
