Initial proposals for next year's budget

Monday, 20 December, 2021

An initial review was held at Cabinet today (Friday, 17 December) into the outline budget for Tendring District Council (TDC) next year

The plans, approved by the senior councillors, will now be examined by an overview and scrutiny committee, before final Budget proposals are voted on by Cabinet, and then full council, in February.

In line with the council’s ten-year financial plan, which the authority is currently in its sixth year of, an average council tax rise of £5 is proposed. This would increase the TDC share of a Band D property’s council tax from £177.64 to £182.64.

The income will help the council to balance the books in line with government’s intention to phase out grant funding for local authorities; government announced this week it would be giving some grant to councils this year, and the figures will be included within the budget when are confirmed.

A forecast deficit will be met by the forecast risk fund, as per the ten-year plan, while a separate Corporate Investment Plan is being developed.

Carlo Guglielmi, TDC’s Cabinet Member for Finance and Corporate Resources, said the budget outlined would support ongoing excellent services from the council.

“Because of our long-term and sensible approach to the council’s finances over the past six years we remain in a steady position, even with the rocky couple of years we have all had due to Covid-19,” Councillor Guglielmi said.

“To still be on track six years into our ten-year financial plan, despite all of these challenges, is testament to the approach we adopted then and to all the officers and councillors who recognise the importance of living within our means.

“As the report recognises we face some cost pressures, but by cutting our cloth accordingly and prudent use of reserves these are challenges we can meet head-on.”

Councillor Guglielmi added: “Now backed by my Cabinet colleagues, I commend this outline proposal to all councillors and look forward to their input as part of the budget-setting process.”

Last updated on: 20/12/2021 - 11:24