LCC Budget Proposals
Added at 12:50 on 20 December 2023
We’ve launched a consultation on our budget proposals and want to encourage you to give your views.
Our four-year plan includes investing £127m more to meet growing demand, mainly in social care, and an extra £113m to cover inflation and the National Living Wage increase. It also forecasts a budget gap of £85m by 2028 and that is after planned savings.
A three per cent Council Tax increase for core services is planned for next year, generating £11m for front line services. A further £7m will be raised from a two per cent increase in the adult social care precept.
As we said in last week’s email, spiralling social care prices, growing service demand and inflation are driving up costs for councils across the country and means that for the first time, it’s planned to use up to £12m of reserves to help balance the books next year.
This is the toughest budget challenge we’ve faced and simply put, rapidly rising demand for services, growing costs and inflation by far outstrip the increased income we receive.
It’s important we hear your views so I’d urge you to have your say.
The consultation runs until 17 January – complete the survey at: www.leicestershire.gov.uk/budget
Wishing you a merry Christmas and a very happy New Year.
Leicestershire County Council