The council recognises that there is a balance between providing
quality services and ensuring that the foundation for everything that is undertaken is based on sound finances.
In particular there is recognition that wherever possible any increase in the precept should reflect general
increases in the cost of living.
Our underlying principles in managing our finances over the next 4 years will be:
The council expects to remain debt free
Unallocated reserves of between 10 –15% of expenditure will be maintained to
cover any unforeseen/unexpected costs
To ensure that sufficient reserves are maintained to cover exceptional costs of
replacing ageing street lighting a minimum of £10,000 per annum will be allocated for street lighting
To ensure that our objectives to enhance our facilities are met 15% of our budget
will be allocated to enhancing facilities including capital expenditure
On attaining Quality Parish status discussions with District council will ensure that
any services taken on will have a cost neutral impact on the budget unless the Town Council decides to
employ a higher standard of service
The Town Council will investigate alternative sources of fundraising
The Yateley Town Council Budget for the year ending 31 March 2008 is now available for download
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