A recommendation that Erewash Borough Council raises its share of council tax for 2023/24 by 2.99%, a £6.03 per annum increase, is expected to be approved at the council’s budget setting meeting.
It means that the council’s charge for a band D property would increase from £201.59 to £207.62 per annum, an increase of 12p per week.
Only 11% of the total council tax bill that residents pay goes to the Borough Council. The rest is for services provided by Derbyshire County Council, the Office of the Police and Crime Commissioner, Derbyshire Fire and Rescue and Parish Councils – Erewash has no control over the charges set by these organisations.
Councillor Wayne Major, Deputy Leader and Lead Member for Resources, says
“The high rates of inflation have caused significant budget pressures for all councils and Erewash is no exception, however the Borough Council has a healthy financial record and we are committed to making sure it remains that way.”
The 2023/24 budget is being set during ongoing turbulence due to the economic effects of events in Ukraine and the impact of current high levels of inflations. These budgetary pressures means that the council is exploring a number of other options to generate increased income and reduce costs.
The council tax rates are set to be recommended at Council Executive on 21 February for a decision to be taken by members at the Full Council meeting on 2 March 2023.
Council tax bills are sent out to household at the start of the financial year in April. If you need help and advice on payments head to the council tax section of erewash.gov.uk