Holsworthy Town Council Budget and Precept For 2026/2027
At the January 2026 Full Council meeting, members agreed to a precept of £234,300 in the coming financial year to pay for the ongoing running costs of the Town Council. The precept is collected on the Town Council’s behalf by Torridge District Council and the Town Council’s share of the precept represents an increase of £0.96 per month for a person paying the full Council Tax Charge on a Band D property compared to last year. However, 76% of the properties in the Town fall in into Council Tax bands A to C and will therefore be paying less than this.
Holsworthy Town Council own and manage most of the recreational green spaces as well as five public footpaths in the town. The Council also run and organise several community events throughout the year. Its budgeted expenditure is more than £261,550 for 2026/27 versus an estimated income of £27,250.
The local precept covers the upkeep of Stanhope Park along with Badock and Rowland Gardens, as well as the management of events throughout the town including the very successful Christmas Switch on.
The Mayor of Holsworthy Councillor Jon Hutchings said “I am pleased the Council has been able to set a balanced and responsible budget that protects the services we provide locally. At a time when many households are under financial pressures the Council have kept the increase to a minimum. With devolution just around the corner we must prepare to take on some of the local services which may be lost, which will come at an additional cost to the Town Council”
In 2026/27 projects for the Town Council include maintaining the playpark equipment and pathways in Stanhope Park, a grand opening of the newly renovated community sunlounge in Badock Gardens and creating a community allotment.
In setting the Council’s budget for the financial year ahead, the Town Council has kept expenditure down to a minimum and endeavoured to make as many savings as it can within the town budget. Councillors will continue to weigh up the cost of any expenditure against the benefit to the community.
