Income increase for Honiton street market
Market performing above the set budget in the first quarter of this financial year.
The street market in Honiton has seen an overall increase in its income for the first quarter of this financial year.
A report presented to Honiton Town Council last week said: “Although the Thursday market is not performing in relation to the Saturday and Tuesday markets, there has been an overall increase in market income for the first quarter of this financial year ; over the same period last year the figures show an increase of £1,291.50.”
For the first three months, April, May and June, the market was performing above the set budget. During the meeting, Councillor Vivienne Ash asked if the introduction of the Thursday market had had an impact on the Tuesday and Saturday markets.
Councillor Les Bayliss explained there did not appear to be a difference. He said: “The Thursday market seems to be progressing as we had hoped. There doesn’t seem to be a difference with Saturday or Tuesday takings at the moment.”
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The report also stated that there were ongoing issues regarding changes to street parking signage.
Concerns over the costs of waste removal, which was costing around £430 per month, have been address following discussions with an alternative supplier and the current supplier. Costs have been reduced by almost 50 per cent. Honiton Street Market Company, which runs the market, has also agreed to run three markets on behalf of Ottery St Mary Town Council.
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