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Cotswold BlogThe Cotswold Blog is a collection of diary entries, news, gossip and other Cotswold related information.
Cotswold DC Sets �10M Budget For 2008/09Cotswold District Council's share of the Council Tax bill is set to rise by 3.5% - or just under 9p per week - it was agreed today.A meeting of full Council set the authority's net budget for 2008/09 at �10.2m, resulting in a �4.64 increase for the average Band D household to �137.15 a year for District spending.* Council Tax makes up a quarter of the Council�s budget, with a further 25% coming from central Government support. Around 40% is made up in income from fees and charges, with the remainder coming from interest on the Council's investments. Council Leader Cllr Lynden Stowe said after the meeting: �The level of Council Tax reflects our aim to keep increases broadly in line with inflation and represents good value for money for the range of services we provide. �Like all councils, we are facing increased financial challenges due to the rising costs of utilities and fuel and the increasing pressure on local authority pension funds. �This year, Cotswold is seeing a reduction in Government support in real terms as rural districts have lost out to urban areas. We are left to find ways to bridge that gap and produce a balanced budget without passing on too much of the burden to our Council Tax payers. �We're doing this by working more efficiently, such as joint working with other Councils, and by increasing or introducing fees and charges, such as car parks and green waste.� Budget consultation carried out by the Council revealed that residents believe the 'user should pay' for services such as car parks, leisure, museums and public loos. In 2008/09, the Council proposes to balance its budget by making an additional �1.5 million in income and a further �160,000 in efficiency savings. Cllr Stowe added: �Drawing up the budget is a challenging task but we are certain our spending reflects our priorities of a cleaner, greener District; providing value for money and supporting our communities.� Posted : 29/01/2008 18:59:55 PLEASE NOTE: This story has been archived and the information contained within it may no longer be correct.
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