'We have no other option if we are to avoid slashing essential services for the most vulnerable'
Blackpool Council has agreed its budget for 2023/24 which includes £23m of savings and an increase of five per cent in council tax, which is the maximum increase allowed.
But she said the resort would continue its ambitious regeneration programme and had succeeded in attracting £100m in additional government grants. She told the council’s annual budget meeting: “I wish we didn’t have to increase council tax by the maximum allowable of five per cent.
But she said town hall finance officers hoped the outlook would improve, particularly with the council’s tourism assets expected to make more money in the coming year. The council would also continue to invest in job creation, supporting the visitor economy and protecting community facilities. He said: “From the £200m business loans fund, £105m has been drawn down. If any of the loans fail it could be a financial blow to the borough. The director of finances reassures me those loans are safe. I hope he is perfectly correct in that assumption.”
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