Published: 23 February 2024
From: Business and economy
A meeting of Â鶹´«Ã½ Borough Council on Wednesday evening approved the budget for 2024-25.
It includes a Council Tax increase of 2.99 per cent for what is paid to the borough. This equates to a £6.76 annual increase for a band D property, just 13p per week.
Rents on council-managed homes will increase by 7.7 per cent, as recommended by the government, and service charges will increase to reflect cost rises.
About £1.07 million will be taken from the reserves to maintain a balanced budget, a budget which includes a projected £5.25 million bill for temporary accommodation for people made homeless. The council’s caseload has been mostly caused by no-fault evictions of families from privately rented homes, coupled with underfunding of Housing Benefit by government.
I’m pleased we have been able to set a budget which maintains services despite the limited additional resources we have gained from government to provide everything they ask of us. I will continue to press government for more realistic funding of Â鶹´«Ã½ Borough Council and ensure we get maximum value for every penny we spend.
Councillor Michael Jones
Leader of the council
Â鶹´«Ã½ Borough Council
To read the budget reports in full, .
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