Budget 2017/18The council’s spending plans for 2017/18 were approved at the council meeting on 1 March 2017.
During the last 5 years, the council has achieved savings of more than £25m whilst continuing to provide effective services for residents, businesses and communities. As a result of recent government funding changes and ever increasing demand on local services, the council faces a further budget gap of around £25m over the next 3 years to 2019/20.
To bridge a gap of this scale the council has no choice but to make significant changes to the way some services are delivered as well as taking a hard look at all opportunities to raise extra income. Last year it launched a transformation programme, aimed at fundamentally reviewing all service areas by 2020.
The budget for 2017/18 includes £7m of savings identified through the transformation programme and £3m of other savings and additional income, mainly efficiency measures. Despite these major savings, the 2017/18 budget also increases council tax by 4.99 percent, in line with the Government’s grant settlement calculations and using just over £2.5m of reserves.
The increase in council tax will raise £2.5m and comprises a 1.99 percent general increase in council tax and a further 3 percent increase to fund adult social care pressures. This increase equates to just over £1 extra per week for a Band D council tax payer.