Freezing council tax in Rochdale next year would open up a £2m per year hole in the local authority’s finances, councillors have been warned.
Finance bosses have drawn up preliminary budget proposals for the 2023/24 municipal year based on certain ‘assumptions’- including a 1.99pc rise in the general council rate and a further 1pc increase in the ringfenced adult social care precept.
With these taken into account, there is no ‘budget gap’ - the difference between income and expenditure - forecast for 2023/24, although this stands at £3.4m and £8.2m for 2024/25 and 2025/26 respectively.
However, a report that went to the latest cabinet meeting makes clear that not hiking council tax up by 1.99pc would dent the authority’s finances by £2m each year - with no existing proposals to offset the deficit.
Read more on manchestereveningnews.co.uk
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.