Saffron Walden Town Council approve increase in council tax
Saffron Walden Town Council has approved the budget for the 2017 financial year, which will see an increase in the council tax precept of two per cent.
The increase, which equates to a six-pence a week rise for the average Band D property, is in-line with the town council’s five-year financial plan. which was agreed last year.
Councillor Paul Gadd, leader of Residents for Uttlesford at the town council, said: “We are pleased that the town council has been able to work to the five-year financial plan agreed by parties last year while maintaining our programme of restoring the town’s assets.
“The 2017 budget, agreed by all parties, will see an increase in the Saffron Walden council tax precept of two per cent, which is in line with the rate of inflation.
“The most visible project is the restoration work to the town hall, which continues to be on time and on budget, and we are looking forward to a scaffolding-free building in the reasonably near future.
“We have prudently used long term borrowing to part-fund these works while interest rates are at record lows. This helps to avoid an undue financial burden unfairly falling on current taxpayers.”