Financial Information & Reports
Financial Information & Reports.
Financial Information & Reports
The rate we charge from 1st April 2022 will increase from £120.90 to £127.65 per annum for a Band D property.
As at April there are 7470 dwellings in Costessey.
The majority of homes are in Bands A to C so pay less than £127.65 per annum.
Band | No. |
A | 830 |
B | 2027 |
C | 2598 |
D | 1212 |
E | 597 |
F | 140 |
G | 64 |
H | 2 |
Total | 7470 |
The Precept is that part of your Council Tax that is paid to Costessey Town Council.
Every year, the Town Council draws up budgets and calculates how much money it needs for the next Financial Year 1st April to 31 March. These are usually finalised at the January Full Council meeting and then submitted to South Norfolk Council who send out the bills to all Costessey dwellings. The tax demand also includes their own charge, plus those from Norfolk County Council and Norfolk Police.
The Band D rate per annum assumes two adults live in a Band D property paying the full charge. Higher and lower bands pay different rates with South Norfolk Council administering discounts, exemptions and benefits.