Budget 2017 Expect Council Tax Rises
Published / Last Updated on 09/03/2017
Budget 2017
Expect Council Tax Rises
Reading in between the lines of the Budget report, we looked at future Government subsidies planned for local councils.
There is a dramatic reduction in planned local government subsidies for the next 3 years.
- £8.2bn for current tax year 2016/17
- £6.5bn in 2017/18
- £5.5bn in 2018/19
- £5.4bn in 2019/20
This is a 34% cut in subsidies and allowing for inflation more like a 40% cut in central government subsidies to local government.
Given the huge pressure on local authorities already for ever increasing social care costs, there can only be one result.
Expect your council tax bills to rise dramatically over the next 3 years.
