Implement a 5% Cap on Annual Council Tax Increases by Town and Parish Councils

Extend the 5% council tax cap to town/parish councils. Introduce referendum thresholds for precept increases, as required for county and unitary councils. Mandate greater transparency and public consultation for budgetary decisions affecting council tax, ensuring local residents can voice their concerns. I believe capping at 5% will ensure that precept increases are proportionate to costs and will prevent unnecessary financial strain on households, especially during the cost-of-living crisis.