Precept Announcement

Published: 27 January 2017

 

At Wednesday’s budget meeting after careful consideration, Loughton Town Council unanimously agreed to set its precept for 2017/18 at £634,800. 

 

Loughton is the largest town council in the district and one of the biggest in Essex.  It remains a low tax town whilst still providing an extensive range of services both to the local community and to many visitors from beyond its boundaries.

 

Costing the average household in the town just £51.63 a year, the increase of less than 5p a week will provide essential funds for what members described as a war chest.  They will enable the council to seek legal counsel in an attempt to counter the proposals in the draft Local Plan to build on Loughton’s much valued green spaces. 

 

This modest increase follows a 7-year period in which the Band D figure was held at £49.18.

 

The council is confident that this approach will be fully supported by local residents following the unprecedented strength of feeling expressed at public meetings in autumn 2016.