Our budget proposals for 2020/21 were considered at our Executive meeting on Tuesday 7 January 2020, together with an update covering the main aspects of the provisional Local Government Finance Settlement which had been received after the Budget report had been prepared.
The Secretary of State in the provisional Local Government Finance Settlement announced that the referendum threshold for general council tax would be 2% for 2020/21 and that the relevant local authorities could also increase council tax by a further 2% for Adult Social Care. This means that Lincolnshire County Council may increase council tax in 2020/21 by up to 4%.
We have decided to consult on a proposed council tax increase of 3.5% for 2020/21.
This increase allows us to balance the budget and provides a small sum to invest further in services. We have considered increasing council tax by a lesser amount but this would mean either reducing our planned levels of service or using our reserves to balance the budget in 2020/21 which is not a sustainable position.
We could increase council tax by more than 3.5% but this would mean placing an increased burden on the council tax payers of Lincolnshire during what are still difficult times for many people.
The preferred proposal reflects our review of services, budgets and our judgment, subject to consultation, as to the appropriate balance of funding, savings and reserves.
Members of the public are able to let us know their views on the proposed council tax increase of 3.5% for 2020/21.
- Closing date
- 25 January 2020
- Have your say
If you would like to comment, please do so by post or email.
A summary of views received will be provided to the Executive meeting on 4 February 2020 where the Executive is considering the final budget to be recommended to the Council meeting on 21 February 2020.
Treasury and Financial Strategy
Lincolnshire County Council
Email: [email protected]
- Supporting documents