Woodley Town Council precept increase 1.45% – 3p per week

The Liberal Democrat leadership of Woodley Town Council will this week propose an increase to the town council precept of 1.45%, which amounts to just over 3 pence a week per household living in a band D property.  This increase will be voted on by the Full Council at their meeting on 9th February.

Beth Rowland Liberal Democrat Leader of the town council said “I am pleased that we have managed to keep the increase low this year, as it has been a difficult year for many residents” she went on to say “The town council’s staff have worked hard to contain costs while continuing to provide good quality facilities and services to residents”

Coling Lawley, deputy leader of the council said “During the last financial year the world’s economies were in meltdown and many funds lost value.  The town council’s investment portfolio was also affected and the collapse of Keydata, due to apparent fraud, posed a particular problem.  In the light of all the economic turmoil that has adversely affected markets world-wide, the Investment Working Party is reviewing our investment strategy”

Beth Rowland said “Based on the latest estimates the town council will spend less in the year ending this April than it did in 2008/09.  I feel a 1.45% increase in the precept is a reasonable figure as we have to be prudent and budget for some increased costs in some areas, such as energy, next year.  Lib Dems’ aim is to help maintain Woodley’s sense of community and identity in the face of an onslaught of service cuts from the Tory controlled Wokingham Borough Council and I am pleased that we can continue to achieve this with a rise of just 3 pence a week in the precept.”

Published by Woodley & Whitegates Liberal Democrats, 26 Farriers Close Woodley, Reading RG5 3DD.

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