Ryde residents may see a 5% rise in their council tax precept this year.
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 (27th January).
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 5% precept increase – which works out as £8.94 per year extra for Band D council taxpayers.
Ryde West councillor Lou Temel spoke in favour of Budget Two which he proposed:
“Quite simply it minimises some of the increases and ensures we cut the deficit from £96,000 to £57,000.
“And I think in view of the circumstances of some people in Ryde, that might be very welcome.”
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Cllr Malcolm Ross, who represents Haylands and Swanmore, said:
“If you examine what we’ve got in Ryde, I think we’re in a happy place – happy for our residents that the council has managed to do all the things we are doing.”
Ryde South East councillor Jen Hughes said:
“I’m for Budget Two because I think one of the priorities we should have is to keep the precept increase relatively low.
Article continues below this advertisement “I don’t know if everybody’s looked at their water bills – ours has just doubled. I think it would be best if we kept that as low as we possibly could.”
Ryde Appley and Elmfield councillor Michael Lilley said he would be supporting Cllr Temel’s budget proposal and added that there was room to make savings efficiencies over the year.
Ryde’s full council will meet on 3rd February at St Thomas’ Square at 19:00.
Its very disappointing, although unsurprising that Ryde TC are increasing the precept by the maximum allowed.
I thought the Marina was supposed to make a positive contribution. Rather than costing the taxpayer £3238.00 per week !. Does this include the huge sum of money this paper reported had been stolen from this community burden?.
you should be cutting to the bone and then cutting taxes – not stealing more money from people for pointless dross
What do you mean ..consider? you know its going to happen.
Someones got to pay for the Council employees pensions.
In 2026 Britain people are better off who are on benefits.
Rent free, Council tax free etc etc
Work is for mugs and now the Government keep coming
for the pensioners money.
Cut Council employees pensions, salaries and cut benefits.
Of course same old, same old. We’ll give ourselves a pay rise but charge the minions with an increase in their council tax to justify why we have it and to make up for it.
In their hands and out of ours
And what do we get for our increase…..an island falling apart
Don’t panic have a laugh it’s an early April fool.Wrigley QUIGLEYS boss said not a penny more on your council tax if Liebor get elected(translated as BULLS**T BULLS**IT BULLS**IT).