All Town and Parish Councils are funded by the Precept. This is added to the IW Council Council Tax demand and is collected by them.
The Precept for 2018/19 for Gurnard was £56,000.
The precept for 2017/18 for Gurnard was £54,967.
The precept for 2016/17 for Gurnard was £56,445
The precept for 2015/16 for Gurnard was £50,478.
The precept is calculated to cover the agreed budget.