Home   News   Article

Lincolnshire County Council proposes 4.95 per cent council tax hike

By Grantham Reporter

Lincolnshire County Council will propose a council tax hike of 4.95 per cent for 2019/20.

The move would see the authority increase the general rate by 2.95 per cent, plus an additional two per cent on the adult social care precept.

It would mean the rate for an average band D property would rise from £1,231.47 to £1,292.40.

Senior councillors will decide on the increase at an executive meeting on February 5 before going for final approval at full council.

The county council had proposed a 3.95 per cent rise in December 2018 and councillors proposed a further one per cent increase amid funding concerns.

Meanwhile, the authority is expected to see further cuts in grants from central government.

Money from the council’s revenue support grant, which is the main source of funding from government, is expected to fall to £20.139 million.

It means the authority will have seen a £50.212 million cut in its grant over the past four years.

As a result, the county council has forecast a shortfall in its budget of £5.336 million.

But the authority has proposed to dip into its reserves in order to balance the books.

Peter Moore, executive director of finance, said the use of reserves would “smooth the effect” of the cuts.

County council leader Martin Hill previously said he recognised that the public was at its limit with council tax increases and that sustainable funding is needed.

“If things come round, I’m quite clear if we get a reasonable amount of extra money next year we can plan not to increase council tax so much next year,” he said.


Iliffe Media does not moderate comments. Please click here for our house rules.

People who post abusive comments about other users or those featured in articles will be banned.

Thank you. Your comment has been received and will appear on the site shortly.


Terms of Comments

We do not actively moderate, monitor or edit contributions to the reader comments but we may intervene and take such action as we think necessary, please click here for our house rules.

If you have any concerns over the contents on our site, please either register those concerns using the report abuse button, contact us here.

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies - Learn More