ELDC to raise precept by 2% as further cuts are enforced

ELDC Headquarters at Tedder Hall, Manby
ELDC Headquarters at Tedder Hall, Manby

Tax paid to East Lindsey District Council by residents is set to rise by two per cent in 2014\15 the authorities executive revealed on Monday.

Councillors approved the draft budget for the coming financial year for consultation with residents and businesses.

People living in a Band B property would pay £1.79 a week.

The local government finance settlement figures show that the Council’s primary funding for the 2014-15 financial year will be reduced by around £1.9million (13.9%).

This is due to a reduction in Rate Support Grant of nearly a quarter, but also slight increase in baseline funding available from Business Rates retained in the area.

This means the council will have to make significant savings of around £1.9million in its budget for 2014/15 in addition to the £1.2million of savings it is having to make this year.

The council’s portfolio holder for finance, councillor John Upsall, said: “Like families and businesses, Councils are being required to take tough budgetary decisions to ensure they can balance their books and continue to provide vital services to local people, including some of the most vulnerable people in society.

“Our budget setting process has been rigorous and thorough. We have sought savings and new ways of working to ensure we can continue to maintain and improve service provision while heavily investing in areas which can create new opportunities and jobs in the district.”

People can now have their say on the budget proposals before the council will finalise it on February 26.

You can submit views on the budget by visiting www.e-lindsey.gov.uk/consultation before January 31.