For a third year in a row, Shanklin residents will pay less towards their town council bill.
Shanklin Town Council (STC) has been able to reduce its precept, meaning a Band D household will pay an average of 11p less — at £89.41 a year.
STC said it has a duty to help residents with a reduction, while not cutting back on services – especially as money was tight for many.
The precept will help pay for beach safety arrangements, public toilets and flowers in town.
It will also provide a dedicated fund for town improvements, an increase in the monies that could be given to good causes, and school crossing patrols.
The precept has fallen since 2021 by £1.25, after residents faced a 10 per cent hike in 2020.
A STC spokesperson said prudent financial and contractual management meant the authority was in a very fortunate position where they did not need to increase the precept, and in fact provided a slight reduction.
They also attributed a lack of borrowing to fund projects — like new public toilet buildings and a community library — which has helped keep liability costs down.
In neighbouring Lake and Sandown, precepts for residents are skyrocketing up by 90.1 per cent and 49.9 per cent respectively.
It means a Band D household in Lake will pay £98.50 a year (a £46.67 rise on last year) and Sandown Band D taxpayers will pay £218.40 (a £72.70 increase).
The town council precept also sits on top of increased fees for the Isle of Wight Council, police and fire services.
PCC Urges People To Hand In Blades To Curb Knife Crime Epidemic
Isle Of Wight Council Signs Tobacco Control Declaration In Commitment To Smoke-Free Future
Hoarding Removed From Ryde Interchange To Reveal Smart Glazed Exterior
Levelling Up Minister Pays Visit To Isle Of Wight To Address £20m Ryde Investment Plans
HRH The Princess Royal Meets East Wight Primary School Children Learning To Sail In Seaview
Maritime Units Heading For Isle Of Wight Armed Forces Day
Funding Boost For Council Chairman's Chosen Charity
Medina Way Works In Place This Sunday
Islander Georgie To Star On BBC1's Great British Sewing Bee
Labour's West Wight Candidate Outlines Island Plan
Scam Warnings Issued For Isle Of Wight
Islanders Invited To Take Part In Charity Fire Walk For St Catherine’s
New Company To Bid For Digital Radio Licence On The Isle Of Wight
Police Respond To Anti-Social Behaviour Involving Electric Motorbikes In Puckpool
New Records Set Following ‘Extraordinary’ Walk The Wight
Appeal Launched Following Ryde Cashpoint Theft
Islanders Urged To Make Sure They're 'Emergency Ready'
Cast Your Vote For New Sea Defence Scheme To Win People's Choice Award
Operation Sceptre - A Number Of Surrender Bins Across Isle Of Wight
Man Jailed For Ryde Burglary And Knife Offences
