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Lyme Regis Town Council is different from the majority of other councils in the country because we make a surplus. We make a surplus because over 90% of our income comes from our assets, giving us financial strength and independence.

Our medium-term financial plan details our financial position over four years and runs alongside the life of our Corporate Plan. This approach allows us to properly consider our future income and expenditure and earmark funds for future projects.

Our surplus increases significantly from 2020/21 onwards. This coincides with the end of our current major grant agreements with local organisations, which will allow a new administration, to be elected in May 2019, to determine its own priorities and objectives.

Budget 2019/2010

Our annual budget for 2019/20 is £1.6 million.

The council is forecast a small surplus in 2018/19. This will add to the council’s reserve, which stands at £1.4 million.

View the 2019/20 budget
View the 2018/19 budget

If you would like to see a more detailed budget breakdown or pre-2017 budgets, please contact us and we can provide this information.


We are partly funded through what is known as a precept, which forms a small part of a household’s overall council tax bill. Our strong financial position has allowed us to hold the precept in Lyme Regis at the same level since 2010/11.

In setting the 2019/20 budget, we have set the precept at £120,708. The charge for residents in an average Band D property will be £58.14. 

Annual Return

Local councils in England with an annual turnover of £6.5 million or less must complete an Annual Governance and Accountability Return (AGAR) - more commonly known as an Annual Return - summarising their activities at the end of each financial year.

The audit of the accounts for Lyme Regis Town Council, for the year ended 31 March 2019, has been completed and the accounts have been published. Click here to view the AGAR and Notice of Conclusion of Audit. 

View the 2018/19 AGAR
View the 2017/18 AGAR
View the 2016/17 AGAR
View the 2015/16 AGAR

If you would like to see documents from pre-2015/16, please contact us and we can provide this information. 


We review our land and assets annually and maintain a fixed asset register.

Items with a cost of £1,000 or more appear in the register and are generally held at cost, and only revalued as necessary.

View the fixed asset policy
View the 2017/18 fixed asset register