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Cabinet approves proposal to raise Council Tax by 9p a week

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Charnwood Borough Council’s cabinet has approved a proposal to raise its share of council tax by 9p a week for a Band D.

The proposed increase would see the annual charge for an average Band D property rise £5 (4.27 per cent) to £122.09 from April 1, 2019.

It is also being proposed to keep the Loughborough Special Rate, paid by residents of Loughborough and the equivalent of a parish precept in villages, at the same rate, £74.97. 

The Council’s cabinet approved the draft budget plans on Thursday, February 14 and the recommendation will now go to full council on Monday, February 25. 

Councillor Tom Barkley, lead member for finance and property services, said: “We put forward what we believed to be a reasonable proposal to Cabinet of increasing our local element of council tax for the financial year.

“Cabinet approved the proposal which means it will now go to full council for consideration.

“If agreed at full council, it would mean we still have one of the lowest council tax rates in the country.”

Charnwood Borough Council currently has the 23rd lowest council tax charge out of 201 district councils in the country.

Council tax pays for a range of services provided Charnwood Borough Council, Leicestershire County Council, Leicestershire Police and Leicestershire Fire and Rescue and the parish council where you live (or Charnwood Borough Council for people in Loughborough).

The Charnwood element accounts for less than 10 per cent of the total bill. 

For more information about the budget, see the reports to Cabinet on the Council: http://bit.ly/CBCtax2019