Knaresborough Town Council has set its budget for the financial year 2025-26 with a rise in the precept paid by residents – though it remains one of the lowest in the area.

The budget was set after being considered and planned by town councillors taking into account the current economic climate, the desire to ensure minimal financial impact to residents, while also supporting the council’s aspirations to respond to the opportunities that are being presented by North Yorkshire Council and the double devolution process.

The budget voted on by town councillors informs the precept.

The precept is the main source of income for parish/town councils and is collected through residents’ council tax.

Supporting community events - The Christmas Lights at Knaresborough House. (Picture contributed)

placeholder image — Supporting community events - The Christmas Lights at Knaresborough House. (Picture contributed)

The precept is a key factor in determining the level of services and amenities that the council can provide.

With KTC’s aspirations to work with the current opportunities presented, the council have voted for a precept increase for 2025-26 to support the budget they have set.

Knaresborough Town Council’s precept remains one of the lowest in the area, with the planned increase adding an additional £10.07 per year per Band D household, taking the town’s precept for 2025-26 to £36.99 per Band D household for the year.

The approved budget will be available on the KTC website in the New Year.

For more information, visit: https://www.knaresboroughtowncouncil.gov.uk/Home_21477.aspx

To see what Knaresborough Town Council does to support the town on a regular basis, see KTC’s winter newsletter which is now available to read and download from the website at: https://www.knaresboroughtowncouncil.gov.uk/News_and..