Bungay Town Trust

Finances

Town Trust Finances

A draft budget is prepared annually and agreed by the Trust, based on past experience and known forward plans plus a budgeted reserve.

The investment policy is low risk, diversified and seeking a balance of capital growth with income. Trust income comes from investments, grazing rents and land grants, “Common goings” and market tolls.

The Trust’s annual accounts are presented at the Annual meeting at the beginning of December.