The aim of Faversham Town Council is to be open and transparent in all its financial activities and ensure their financial management is adequate, effective and has a sound system of internal control. The foundation to achieve this is our Financial Regulations. For the Financial Year 2022/23 the Precept is £553,132. The Town Council’s portion of your Council Tax bill depends on which band a property is in. Properties are put into one of eight bands, A being the lowest and H the highest, with Band D being the average. For 2022/23 the Town Council’s portion of the Council Tax bill for a Band D property is £80.39 per year. The Annual Budget is agreed at a separate meeting in January every year. Members of the public are welcome to attend.