The Parish Precept

Year	Precept £	Precept £ (2006 Values)
1894	14	1,106
1901	20	1,480
1902	5	370
1903	5	370
1904	5	370
1911	5	350
1914	5	350
1915	15	825
1918	20	1,100
1922	21	788
1925	18	702
1926	12	468
1927	25	975
1928	20	780
1929	30	1,170
1930	20	860
1931	20	860
1932	30	1,290
1935	30	1,410
1936	30	1,410
1940	50	1,850
1943	25	925
1948	50	1,500
1958	70	1,260

1961	70	1076
1965	90	1170
1966	160	2080
1968	160	2080
1970	160	1760
1972	140	1540
1973	140	1540
1974	250	1799
1975	1,400	8113
1976	1,000	4974
1979	1,000	3495
1980	1,000	2962
1981	1,250	3311
1982	1,250	3049
1983	1,250	2914
1984	1,250	2776
1985	1,300	2721
1986	1,300	2632
1987	1,400	2721
1988	1,500	2779
1989	1,600	2751
1990	1,700	2670
1991	1,900	2819
1992	2,700	3861
1993	3,500	4927

1994	1,750	2405
1995	2,000	2657
1996	6,000	7783
1997	6,180	7773
1998	3500	4,260
1999	7,500	8982

The above shows the growth of precept between 1970-1999.
The peak in real value in 1975 is due to record inflationary levels.
The reasons for increase in precept levels in real terms during this period is probably due to less services being included in the General Rate imposed by the District Council, and the improved general levels of prosperity encouraging the Parish Council to take on larger commitments via loans. This is a trend reflected across many of the Somerset parish councils

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