Target budget approved for Member consideration

Target budget approved for Member consideration

Date Published: 10 January 2018
A target budget has been approved for consideration by North Kesteven District Council’s Members.

The general fund net figure of £13,223,300 covers the highly-efficient, well-regarded services delivered by the authority for the District, including refuse and recycling, planning control, economic development and tourism initiatives, public protection, food hygiene inspections, leisure, sports, arts and more.

Members will be asked to comment on the proposal to increase Council Tax by £5 at Band D. As around 75 per cent of properties in NK are in Bands A-C, this would, if approved, equate to a rise of between six and eight pence per week for these households.

Only last year, the Council approved the next phase of an ambitious ten-year £130 million investment programme in support of its vision for flourishing communities.    

The investment across the five priority areas – Our Homes, Our Communities, Our Economy, Our Council and the emerging Our Environment – helps to create jobs, build homes, provide infrastructure, create better leisure opportunities and secure public services.   

Some of this is completed and bearing fruit while other investment is under way and planned.    

Councillor Richard Wright, Leader of NKDC, said: “Our viable and robust financial planning will enable us to deliver the services our residents expect and deserve.   

“To support this, we will continue with our initiatives and innovative approaches to generate additional income and make expenditure savings in order to balance the budget in future years.”

Although the District Council collects Council Tax it ultimately takes only nine per cent of the overall sum, with Lincolnshire County Council responsible for around three quarters and the Lincolnshire Police & Crime Commissioner and parish and town councils sharing the remainder.

A final decision on budgets and Council Tax will be taken by Full Council on Thursday, March 1.

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