Council Finance
The majority of the Town Council’s income comes from the precept, which is collected by East Suffolk Council as part of the council tax. The Council receives no funding from local business rates nor funding directly from central government.
Felixstowe Town Council voted for a 3.6% increase cost to the precept for the financial year 2026/27, with the total cost to the Band D Equivalent Council Tax payer being £79.97 for the year.
For the financial year 2026/27 the total precept is £749,873.
An information sheet based on figures from 2025/26 showing just how Felixstowe Town Council uses its portion of the local council tax is available here: Where does the Council Tax go 2025-26?
Community Infrastructure Levy (CIL):
The Town Council receives a portion of CIL receipts from East Suffolk Council. In accordance with CIL Regulation 62a, the Town Council publishes a report (no later than 31 December annually) on CIL receipts received, details of any CIL expenditure and the total CIL balance held following the reported year.
| CIL Annual Reports by Year |
| 2025-26 |
| 2024-25 |
| 2023-24 |
| 2022-23 |
| 2021-22 |
| 2020-21 |
| 2019-20 |
| 2018-19 |
The Council also receives some income from the services it provides such as the allotments, cemetery, Town Hall and Walton Community Hall as well as any sponsorship it receives for Felixstowe in Flower or other events or projects. For more information on Council’s services, click here.
Council’s annual budget gives an estimated detail of income and expenditure for the year and can be seen here. Management of Council’s income and expenditure is delivered through its various Committees, monitored by the Finance & Governance Committee and Council.
| Town Council Budget by Year |
| 2026-27 |
| 2025-26 |
| 2024-25 |
| 2023-24 |
| 2022-23 |
| 2021-22 |
| 2020-21 |
| Archived 2017-2020 |
Audits
Council submits an Annual Return to its External Auditor each year. Notice has been given that the external audit of the accounts of Felixstowe Town Council for the year 2024-25 was completed on 12 September 2025.
To read more about the Council’s audit process click here.
The Council’s external auditors, PKF Littlejohn LLP, have expressed the view that, on the basis of their review of Sections 1 and 2 of the Annual Governance and Accountability Return (AGAR), in their opinion, the information is in accordance with proper practices and no matters have come to their attention giving cause for concern that relevant legislation and regulatory requirements have not been met.
In accordance with the Local Audit and Accountability Act 2014 Sections 25, 26 and 27
The Accounts and Audit Regulations 2015 (SI 2015/234) and The Accounts and Audit (Coronavirus) (Amendment) Regulations 2020 (SI 2020/404) the Annual Governance & Accountability Return is available for inspection by local electors and have been published below.
| Notice of Conclusion of Audit 2024-25 | |
| Notice of Publication of the Unaudited Accounts 2025-26 | |
| Annual Governance and Accountability Return 2025-26 | |
| Balance Sheet 2025-26 | |
| Previous Balance Sheets | Previous AGAR Statements |
| 2024-25 | 2024-25 |
| 2023-24 | 2023-24 |
| 2022-23 | |
| 2021-22 | |
| 2020-21 | |
| 2019-20 | |
| 2016-19 (Archived) | |
A copy of previous years Annual Return and Audit Report is also available by request.
In addition to the annual External Audit, Council commissions a half yearly Internal Audit. Internal Audit reports are published below and reported to the next available Finance & General Purposes Committee.
Monthly Financial Reports.
Every month, Council publishes a report of its income and expenditure against budget as well as details of all expenditure over £500.
| April 2026 – March 2027 | April 2025 – March 2026 | ||
| April 2026 | April 2025 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| May 2026 | May 2025 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| June 2026 | June 2025 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| July 2026 | July 2025 | ||
| Finance Support | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| August 2026 | August 2025 | ||
| Finance Support | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| September 2026 | September 2025 | ||
| Finance Support | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| October 2026 | October 2025 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| November 2026 | November 2025 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| December 2026 | December 2025 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| January 2027 | January 2026 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| February 2027 | February 2026 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| March 2027 | March 2026 | ||
| Finance Report | Expenditure over £500 | Finance Report | Expenditure Over £500 |
| PREVIOUS YEARS |
| April 2024 – March 2025 |
| April 2023 – March 2024 |
| April 2022 – March 2023 |
| April 2021 – March 2022 |
| April 2020 – March 2021 |
| April 2019 – March 2020 |
Quarterly Contracts over £5,000 reports
The Transparency Code 2015 requires Local authorities to publish details of any contract, commissioned activity, purchase order, framework agreement and any other legally enforceable agreement with a value that exceeds £5,000.
Contracts over £5000 2025- 2026
Members Allowances and Expenses