Council tax to be frozen by South Ribble Borough Council
7:00am Thursday 13th March 2014 in News
Council tax is to be frozen for the fourth time in five years by South Ribble Borough Council.
Members of the council agreed to the freeze for 2014/15 at last Wednesday night’s full council meeting.
The council said it was is in a better financial position than expected this year due to budget efficiencies.
Its portion of the overall bill will remain at £208.38 per year for a band D property.
Lancashire County Council is to increase its portion of the bill by 1.99 per cent.
The council will see a further reduction in its grant from central government of 28 pert cent (£1.4m) over the next two years, and faces a budget deficit of £700,000 for 2014/15.
In the five years to 2015/16 the government grant will have been reduced by around 57 per cent (£3.7m).
The budget for 2014/15 identifies £410,000 of savings and the rest is expected to be balanced with contributions from reserves.
South Ribble Council’s cabinet member with responsibility for finance and resources, Councillor Stephen Robinson, said: “I’m delighted that we have been able to freeze our share of council tax for the fourth time in five years, keeping more money in the pockets of our residents.
“We’ve managed to successfully plan ahead to ensure that financial implications won’t have a detrimental effect on vital frontline services.”
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