Council Tax Guide 2024 to 2025 - Market Rasen Town Council

Published: 12 March 2024

The information contained in this leaflet shows how the money received from West Lindsey District Council will be spent.

Contained within the total amount to be spent by all Parish Councils in the West Lindsey District area is the sum of £171,332.00 which is required by Market Rasen Town Council for the 2024/25 Precept.

This is equivalent to a council tax charge of £132.58 for a Band D property (an increase of £3.86 from the previous annual figure).
The precept amount is further analysed below:

Market Rasen Town Council estimated expenditure, income and precept
Estimated Expenditure Value
Employee Costs £96,186
Administration Costs (including all administration costs, & non- domestic rates) £39,026
Democratic Representation (including reserves for elections & Councillor expenses) £194
Town Facilities & Recreation areas (including all maintenance, utilities, and other costs for community buildings and public
realm areas owned by the council and a contribution towards the town CCTV)
Town Events £2,188
S 137 expenses, Grants & sponsorship £1,667
Reserves for future investment £32,035
Total Expenditure £226,519
Less estimated Income £55,187
Precept Requested £171,332

National and international economic factors, along with environmental incidents, have impacted on our area however Market Rasen Town Council has continued to pursue a fiscally frugal budget.

The council has endeavoured to reduce costs wherever possible whilst maximising income from the hire of facilities. Service levels have increased through increased use of the council office and operational analysis.

Market Rasen Town Council logo

Market Rasen Town Council
Council Office
Festival Hall
Caistor Road
Market Rasen