Budget and spending plans for 2025 / 26
At their meeting Monday evening, Ludlow Town Council set a budget and spending plans for 2025 / 26
The budget has been prepared to enable the council to maintain the services that benefit our residents and also recognise the challenges of financial pressures.
The Town Council has only increased fees where necessary to match supplier increases and has not increased the fees for the vast majority of its services so that it can continue:
- to support local businesses trading on the market, and
- to provide accessible facilities for local families.
Ludlow Town Council has been mindful of the need to balance the impact of a precept rise on the local community with prudent financial planning. The budget provides a 9.8% increase, which is an annual increase of £22.75 for residents in a band D property. The weekly increase is 44 pence.
Funding will support many local priorities including:
- Supporting Ludlow Junior Youth Club and investing in youth services.
- Organising Community Events for families, and to bring residents together.
- Safeguarding Ludlow Museum at the Buttercross.
- Providing community grants to support local groups and organisations.
- Installing and refurbishing bus shelters.
- Maintaining community open spaces and public benches.
- Safeguarding historic buildings.
- Strengthening the council’s approach to biodiversity and net zero carbon.
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