Annual Budget

At Council on Monday evening elected members approved their annual budget which set out their financial plans for the year ahead.   The significant change from previous years sees the inclusion of £35,000 towards youth services in the town – this has been a priority area for elected members.

The Mayor Councillor John Price said "We have approved an ambitious and robust budget for 2020/21 which sees only a small increase in our element of the Council Tax. I am personally pleased that this Council has recognised the importance of supporting our young people and we will be put in plans to commission services. The budget set out the scale of what this town council does - which is far beyond what most town and parish councils do, and is a significant contribution to the life of the town."

Highlights from the budget include:

  • Increase in council tax on band D properties by £1.53 per year (2%)- the Oswestry Town Council element of the bill is £78.07 per year.
  • No increase in car parking charges
  • Increase in general fees and charges by 3%
  • Funding for youth services £35,000
  • Significant budget for events
  • Grants and donations budget of £20,000
  • Capital budget
  • Outline plan for use of the Smithfield Capital Receipt

Please note whilst the Oswestry Town Council part of the Council Tax will increase by 2% this is a very small part of your Council Tax bill and it is likely that a residents overall bill will increase by more. In 2019/20 the band D council tax levied on a property in Oswestry stood at £1,781.68 - Oswestry Town Councils part was £76.54

Thursday 16 January 2020

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Oswestry Town Council,
The Guildhall,
Oswestry,
Shropshire
SY11 1PZ

Tel: 01691 680222
Fax: 01691 671080
E-mail: enquiries(at)oswestry-tc.gov.uk

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