To provide context to this decision, in the 2019/20 Financial Year, the Precept was £296,106 with Band D properties paying £47.88. In 2020/21, Councillors have resolved to use finances held in reserves to cover any resulting shortfalls due to the decrease. Please note that the use of reserves is expected, but not definite, but has to be factored into potential spend at the start of the Financial Year.
The Beverley Town Council 2020 2021 precept sheet is a financial breakdown of the Precept, which also takes expected income into account. The anticipated reserves that might be used during 2020/21 are also detailed, but this could alter as needs change