Surrey County Council is planning to restrict a rise in Council Tax to 2.99% in the current budget plans for 2023/24.
The council’s Cabinet agreed the draft budget today outlining the planned rise, which is lower than the vast majority of other councils in the UK and far lower than the rate of inflation.
Surrey County Council spends just over £1bn a year on delivering vital services such as Adult Social Care, Children’s Services, maintaining roads and pavements, Surrey Fire & Rescue Service, libraries, countryside management and public health.
The budget also outlines the council’s five-year capital investment plan that will deliver more school places and improved school buildings, increased support for children with additional needs, road improvements, big infrastructure projects like in Farnham town centre, the River Thames flood defence scheme, grant funding community projects and increasing recycling capacity across Surrey.
Tim Oliver, Leader of the Council, said: “This budget is about protecting the services that the people of Surrey rely on, while being mindful of the huge pressures household budgets are under at the moment.
“The rise in the cost of living, inflation and interest rates have all impacted the council as an organisation, as well as our residents. Everything we do has simply become more expensive to deliver.
“However, we have worked hard over the last five years to ensure our finances are in a solid and stable state.
“We think it is important to only levy the absolute minimum we need to meet increased costs, in order to protect the money in people’s pockets as much as possible.
“We are making the decision to face this financial challenge in the fairest way possible, balancing our needs and ambitions with the immediate cost of living impact on our residents.”
The budget will go before a Full Council meeting on Tuesday 7 February to be ratified.
The full details of the proposed 2023/24 budget can be found here:
https://mycouncil.surreycc.gov.uk/ieListDocuments.aspx?CId=120&MId=8793&Ver=4
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