Every March we set out our spending plans – the budget.
Setting a budget is never easy and this year we have faced even more pressures. Rising fuel and energy costs, greater demand for services following Covid and now the Cost of Living crisis have all had a significant impact on our budget planning.
This means we are again having to make cuts to balance our books, this year totalling £29.3m, with a further £13.5m to follow in 2024/25.
This year it’s been made even harder because we’ve faced added financial pressures from inflation – not least rising energy costs – and greater demand for our services, due to the pandemic and the Cost of Living crisis.
That means we are going to have to make tough choices if we are to continue providing vital services, such as putting more money into children’s social care; tackling the Cost of Living crisis head-on with one of the country’s biggest support packages for those of you who need our help; keeping our streets clean; and emptying the bins.
At the same time, we need to able to invest in major developments, such as regenerating the town centre, that will boost the local economy, create jobs and support local businesses.
This will help in the future, by easing poverty, reducing demand for our services, and helping increase our council tax revenue.
Have your say
We now want your help to balance the books - your views and ideas are important.
We’ve launched a public consultation that runs until 5pm on Friday 10 February.
So please tell us:
- How do you think we can save money?
- What do you think are the most important things to spend money on?
Once the consultation closes, your responses will be considered before final proposals are discussed at the Full Council meeting on 1 March 2023, when councillors will agree the final budget for the coming financial year.
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