If approved it will mean the maximum rise in tax without a referendum for the second year in a row.
The increase is the maximum allowed by the government without the need for a referendum.The increase of 4.99% is the maximum allowed by the government without the need for a referendum.
Cornwall Council's cabinet is due to vote on the rise when it meets next week to discuss draft budget proposals, which have to achieve savings of £29m next year.The council has cited continuing financial pressures as a result of global events and the impact of the Covid pandemic. The plans include "new efficiency measures" and income generation worth £11m on top of measures worth £18m already planned for 2024/25. Under the draft proposals council tax would rise by 2.99% which, in addition to the government's 2% levy for social care, would see a total increase of 4.99%.
Council tax currently stands at £1,480.92 for Band A, £1,727.75 for Band B, £1,974.57 for Band C, £2,221.39 for Band D and £2,715.03 for Band E. The total increase of 4.99% would see the council's share of bills for a Band D property rise from £1,802.79 to £1,992.75 for 2024/25 - the equivalent of an extra £1.73 a week.
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