Penrith town council budget summary
Penrith Town Council increased its precept from £437,813 in 2019/20, to £454,233 in 2020/21. The precept includes the following:
|Communities, Culture and Economic Growth||122,090||136,830|
|Council Tax Reduction Grant and Other Income||-7,980||-8,339|
|Contribution to/(from) Reserves||-15,031||-37,382|
The precept increase is a result of inflation and improvement to services.