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Precept & Budget


For more information about the 2018-19 Penrith Town Council Precept click here.


This budget  is called the ‘Precept’, and is the amount the Town Council asks from Eden District Council as a proportion of the Council Tax paid by householders of Penrith.

The Council utilises  the precept, to provide its services and deliver its Council Plan.

The Town Council’s portion of Council Tax bill depends on which band a property is in. Properties are put into one of eight bands, A being the lowest, and H the highest, with Band D being the average.

Details of payments related to the budget can be found under Supplier Payments.

Budget 2018-19 approved recommendations in summary as resolved 26 February 2018:


  1. The revised budget for 2017-2018 (see section 4) is:
Planning committee 25,000
CCEG committee 123,500
Finance committee 218,387
Contingency 0
CTRS grant -7,031
Net Expenditure 359,856
Less: Precept -372,145
Contribution to reserves 12,289
  1. The budget for 2018-2019 (see section 5) is:
Planning committee 30,000
CCEG committee 98,500
Finance committee 292,501
Contingency 4,796
CTRS grant -8,058
Net Expenditure 417,739
Plus: Contribution to Reserves 0
Precept 417,739
  1. The level of reserves as set out in section 6 is noted
  2. The Medium Term Financial Projection 2018-23 set out at appendix B is noted

To view the budget 18-19 report in full please click BUDGET 18-19