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Ryde residents may see five per cent rise in their council tax precept
['Rufus Pickles']
Isle of Wight County Press | News
The finance and community resources committee of Ryde Town Council recommended a £1,813,419 budget plan for 2026/27, ‘Budget Two’, to full council at its Tuesday night meeting (January 27).
The proposals include £13,500 in grants to the community, with £4,000 for Ryde Carnival and £2,000 for the Harp on Wight music event.
Other plans for full council to consider include a £325,886 allocation for the Network Ryde youth service, £168,396 for Ryde Marina and £344,600 on administration.
Committee members also voted to recommend a five per cent precept increase – which works out as £8.94 per year extra for Band D council taxpayers.
Ryde’s full council will meet on February 3 at 11 St Thomas’ Square at 7pm.