The aim of Faversham Town Council is to be open and transparent in all its financial activities and ensure their financial management is adequate, effective and has a sound system of internal control. The foundation to achieve this is our Financial Regulations.
Our Financial Regulations are reviewed annually and can be found here.
For the Financial Year 2019/20 the Precept is £368,684. The Town Council's portion of your 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.
For 2019/2- the Town Council's portion of the Council Tax bill for a Band D property is £57.99 per year.
The Annual Budget is agreed at a separate meeting in January every year. Members of the public are welcome to attend.