The Precept is that element of your Council Tax that is paid to Old Bolsover Town Council.
Every year, the Town Council draws up budgets and calculates how much money it needs for the next Financial Year. These are usually finalised at the January Full Council meeting and then submitted to Bolsover District Council. BDC co-ordinate the other demands from Derbyshire County Council, Police and themselves and come up with the rate to be paid from 1st April that year.
Further details of the Town Council's budgets for the 2016/17 Financial Year can be obtained from the Town Clerk.