Budget Setting
Each year the Town Council sets a budget with planned income and expenditure for the coming financial year. The budget setting process usually takes place between December and February of the following year (the financial year runs from 1 April to 31 March). Individual service committees review their own budgets and make recommendations to Finance & General Purposes Committee, which in turn, recommends a budget to Council for adoption.
The Town Council has set its budget and established its precept for the financial year of 2023-24. It was resolved at the Full Council meeting on the 8th of December 2022 that a budget of £1,517,501 be set, of which £1,067,182 would be raised via Council Tax (the precept) and remainder through commercial services and income. an annual £209.94 increase would be introduced based on a Band D property.
How the Town Council is funded
Just over 70% of the Town Council’s income comes from “the precept”, which is the Town Council’s share of the Council Tax collected by Cornwall Council on the Town Council’s behalf. Income is also generated through property rental income, grants, room bookings, events, weddings and the library shop.
Further information is contained in the relevant annual approved budget document and the explanatory note below.
Annual Approved Budget
2023/2024
St Ives Town Council Budget 2023-24
2022/2023
St Ives Town Council Budget 2022-23
2021/2022
St Ives Town Council Budget 2021-22
2020/2021
St Ives Town Council Budget 2020-21
2019/2020
St Ives Town Council Budget 2019/20
Note with Council Tax 2019/20
2018/2019
St Ives Town Council Budget 2018/19
Note with Council Tax 2018/19
2017/2018
St Ives Town Council (short version) Budget 2017-18
St Ives Town Council Budget 2017/18
Note with council tax 2017/2018
2016/2017
St Ives Town Council Budget 2016/2017
St Ives Town Council budget 2016/2017 note with precept
2015/2016
St Ives Town Council Budget 2015 / 2016
Note with Council Tax demand 2015/2016
