August 21 2014 Latest news:
Tuesday, November 13, 2012
Cromer residents will be asked to pay 2pc more for the town share of their council tax in 2013/14.
At Monday’s town council, the coming budget was agreed unanimously, with the increase set to be less than £1 per person.
The overall budget is going up from £185,869 this year to £189,543 in the coming financial year.
Deputy mayor and chairman of the strategy and finance committee David Pritchard said: “The budget meetings have generated five versions of the budget where the calculations and precept have varied greatly.
“What we have been left with is a budget that requests an increase of 2pc to the precept raised on our behalf by North Norfolk District Council.
“This figure is less than the rate of inflation, which currently stands at 2.4pc, and for the information of everyone present, the rate of inflation has not been as low as 2pc since November 2009.”
He added: “This small increase will allow this council to move forward with many projects all of which will hopefully be of great benefit to the people and town of Cromer.”
Mr Pritchard also reported that there was set to be an underspend this year of “several thousand pounds”, thanks to “extremely competent and able administration of the current budget by the staff and members”.
He said the money would be added to the reserves, which currently stood at £10,000.
Among the most significant potential windfalls in the coming years could be cash from the sale of the lodge at the cemetery on Holt Road, which members agreed to put on the market when the tenant left in April.
When added to the proceeds from selling a part of the lodge garden for development, it is estimated to be worth more than £260,000.
Mr Pritchard said: “I shall describe this as a budget of progression.
“We will be a council that is known for doing, rather than delaying as has happened previously.”