Budget of £483,000 approved by council

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Latest news from the Suffolk Free Press, suffolkfreepress.co.uk, @sfpsudbury on Twitter

Sudbury Town Council has approved its budget for the next fiscal year, which includes no increase in council tax and a growing reserve fund.

The precept was announced at a full town council meeting on Tuesday when councillor Oliver Forder, who chairs the finance committee, gave a review of the finances before setting out next year’s budget.

For the current financial year, the council’s expenditure came to £516,000, which was £82,000 under budget – a saving which has allowed the council to increase its reserves to £73,000 and introduce a rolling capital fund of £15,000.

The approved budget for next year is £483,000.

Mr Forder said the council was committed to providing value-for-money services.

He added: “There has been a focus by all of us on what tangible things can be done for the people of Sudbury.”