Faversham Town Council sets a balanced budget for 2026–2027, investing in services, heritage and community wellbeing
Faversham Town Council has approved a balanced budget of £1,015,300 for the 2026–2027 financial year, ensuring that income and expenditure are fully aligned while continuing to invest in the services and facilities that matter most to residents.
The approved budget also represents good value for money for residents. For the average Band D property, the cost of Faversham Town Council services in 2026–2027 will be around £2.50 per week, less than the price of a takeaway coffee, helping to fund community services, local events, heritage buildings, green spaces and essential town facilities enjoyed by residents and visitors alike.
The Council’s main source of income continues to be the town precept, which is £973,600, alongside income from services such as the Guildhall, events, lettings, tourism activity and community initiatives. Careful budgeting and forward planning have enabled the Council to maintain essential services while supporting community projects across the town.
Key areas of investment in 2026–2027 include:
- Community services and grants, supporting local groups, festivals and advice services
- Heritage, buildings and public spaces, including maintenance of historic assets and the creek
- Environmental and green spaces, such as allotments, floral displays and public realm projects
- Events, tourism and the local economy, helping to keep Faversham vibrant and welcoming
- Staffing and professional services, ensuring the Council can deliver services effectively and compliantly
- Active travel and community safety initiatives, supporting healthier, more inclusive ways of moving around the town
The Council has also made provision for ongoing building maintenance, utilities, insurance and compliance, ensuring that community assets such as the Guildhall, Town Quay, Market Place premises and public facilities are properly cared for.
Cllr Josh Rowlands, Mayor of Faversham Town Council, said:
“Setting a balanced budget is about more than just the numbers. This budget reflects our commitment to protecting essential services, investing in our community and managing public money responsibly. Despite rising costs, we have delivered a budget that supports Faversham’s people, heritage and environment.”
Faversham Town Council remains committed to good financial governance, ensuring that residents’ contributions are used wisely to deliver real benefits for the town now and in the future.
