The 2023/24 Budget

The 2023/24 Budget

At the Full Council meeting held on Monday 16 January 2023, Councillors agreed a budget for 2023/34 and set out plans to spend over £2 million in the parish from 1 April 2023.

The past two financial years have been difficult for everyone; the cost of living crisis, the rise in inflation, and increase in utility costs made setting next year's budget especially challenging and required an increase in the precept.

Financial pressures will continue next year but the new budget will enable Penzance Council to maintain and deliver important local services like public toilets, parks and open spaces, cultural events, and support local initiatives like the assisted purchase of Centenary Hall for the benefit of the whole community.

All the money residents pay to Penzance Council is spent within the parish across: Penzance, Newlyn, Mousehole, Paul, Heamoor, Gulval, and Eastern Green.

Community

£482,510 - estimated

Including, but not limited to:

• Jubilee Pool

• ASB Caseworker

• 17 CCTV Cameras

• 7 Public Toilets

• 13 Community Toilets

• Centenary Hall purchase

• Pz AFC grandstand roof replacement

£482,510

Arts, Culture & Heritage

£848,099 - estimated

Including, but not limited to:

• Penlee House

• Golowan

• Christmas Lights

• Town banners

• Civic events

Parks, Play & Open Spaces

£694,567 - estimated

Including, but not limited to:

• Penlee Park

• Alexandra Play & Tennis Courts

• Heamoor Old School Field

• Foxes Lane Park, Mousehole

• Wherrytown Skatepark

• 200 allotment plots (approx)

Grants

£68,000

• General Grants

• Social Action Grants

• Climate Emergency Grants

• Youth Work & Activities

£68,000

Penzance Council's element of residents' Council Tax Bill from 1 April 2023 is

Tax Band A

Annual amount: £199.91

Weekly equivalent: £3.84

Tax Band B

Annual amount: £233.33

Weekly equivalent: £4.49

Tax Band C

Annual amount: £266.54

Weekly equivalent: £5.13

Tax Band D

Annual amount: £299.54

Weekly equivalent: £5.77

Tax Band E

Annual amount: £366.50

Weekly equivalent: £7.05

Tax Band F

Annual amount: £433.13

Weekly equivalent: £8.33

Tax Band G

Annual amount: £499.77

Weekly equivalent: ££9.61

Tax Band H

Annual amount: £599.72

Weekly equivalent: £11.53