The budget for the next financial year is agreed at each January Full Council meeting. Income and expenditure against the budget are reviewed by councillors at each Full Council meeting over the year.
As part of setting the budget, the precept for the Parish Council is also agreed. The precept is an amount of money requested from Maidstone Borough Council for the running of the parish for the next financial year, which is added to each property's council tax. The precept for 2021/22 is £26,338, which represents a tax per property of £83.09.