North Yorkshire County Council warns council tax could increase

The Government’s funding plans for local authorities have confirmed North YorkshireCounty Council’s assessment that it is in an ‘extremely challenging’ situation – particularly for the financial year 2015-16.

The financial settlement for local government, announced this morning, has reinforced the Council’s analysis that major savings are still required to meet the severe restraints on budgets, and that a rise in council tax – the first in four years – could be necessary.

County Councillor John Weighell, the Leader of North Yorkshire County Council said:

The announcement by the Government today is just as difficult as we had anticipated.

It confirms the accuracy of our , and unfortunately emphasises the extremely difficult and challenging predicament in which we find ourselves.

The County Council is on track to save £94m over the four years ending in March 2015, and the announcement today confirms that it will have to find a further £77m over the next four years.

The council does not increase council tax, it will therefore have to find a further £2.3m in savings, in addition to those already planned.

This represents a cut in the council’s spending power of more than a third in eight years.

Members of North Yorkshire County Council will be asked in February to approve the authority’s budget for 2014/15. Although no firm decisions have yet been made, its financial strategy is predicated on a rise in council tax of 2%.

Related News

Leave a Reply

Your email address will not be published. Required fields are marked *