• Home
  • About
  • Newsletters
  • Conference
  • TMS Links
  • Calendar
  • Log In
  • Register

Room 151

  • 151 BRIEF

    What's New?

  • Legal & General invests £100m in Sunderland regeneration project

    November 28, 2019

  • Somerset council invests in Devon industrial site

    November 28, 2019

  • Appeal Court backs Birmingham’s £19m sprinkler spending

    November 28, 2019

  • Border to Coast launches private credit offering

    November 28, 2019

  • Darlington estimates 17% annual return on proposed housing company

    November 28, 2019

  • Knowsley buys town centre land to kickstart regeneration

    November 28, 2019

  • Treasury
  • Technical
  • Funding
  • Resources
  • LGPS
  • Development
  • 151 News
  • Blogs
    • David Green
    • Agent 151
    • Dan Bates
    • Richard Harbord
    • Stephen Sheen
    • James Bevan
    • Steve Bishop
    • Cllr John Clancy
    • David Crum
    • Graham Liddell
    • Ian O’Donnell
    • Jackie Shute
  • Interviews
  • Jobs

Leeds proposes 3.99% council tax increase

0
  • by Ian McDiarmid
  • in 151 News · Funding
  • — 13 Dec, 2018

Leeds City Council has proposed raising council tax by 3.99% and cutting 74 jobs in its budget plans for 2019-20.

The council is facing a £24.3m deficit as a result of rising demand for adult social care services and cuts to central government funding.

It is proposing raising its council tax by 2.99% with an additional 1.00% adult social care precept.

Council leader Judith Blake said: “Raising council tax is never a decision we take lightly, but due to the funding cuts it helps make an increasingly important contribution and is being stretched more and more each year to pay for front-line services.

“And with people living longer, we need the additional adult social care element to help provide people with the support and services they need.”

The council will also increase the council tax premium on properties unoccupied for more than two years doubling from 50% to 100%.

In addition to its revenue-raising measures, the council is aiming to make £16m in savings.

Its budget proposals were released on 11 December, ahead of the provisional local authority settlement.

The latter was due to have been issued on 6 December, but its timing has fallen victim to political instability.

It was initially cancelled until after the Brexit vote due this week, which was itself then called off by Prime Minister Theresa May.

Leeds in the meantime is working on the assumption that its core government funding will be cut by 7.7%, or £15.3m, as established in its most recent four-year settlement.

If the assumption is right, Leeds’ core funding from central government will have been cut by 59% between 2010 and 2020, or by £266m.

Some of the pressure on its has come from Leeds also announcing that it will raise its minimum wage to £9.18 per hour, 18p above the Real Living Wage, and that it will reduce rents by 1.00%, except for tenants in PFI-funded homes.

The budget proposals will be discussed by the executive board next week and then go out for public consultation.

The fina lbudget will be voted by the council at the end of February.

Get the Room 151 Newsletter

Share

You may also like...

  • Challenger banks, NHB action, HRA transfer, Oxfordshire outsourcing, Town centre regeneration Challenger banks, NHB action, HRA transfer, Oxfordshire outsourcing, Town centre regeneration 6 Feb, 2014
  • Four virtual councils to merge services in private company Four virtual councils to merge services in private company 28 May, 2014
  • UK Rating after Scottish independence, Lloyds Bank reprivatised, Shared service savings, Scottish procurement, Civica wins ICT deal UK Rating after Scottish independence, Lloyds Bank reprivatised, Shared service savings, Scottish procurement, Civica wins ICT deal 1 May, 2014
  • County Hall, Maidstone Kent’s role in Woodford fund trading suspension unclear 4 Jun, 2019

Leave a Reply Cancel reply

You must be logged in to post a comment.

  • Register to become a Room151 user

  • Latest tweets

    Room 151 4 hours ago

    Doug McMurdo: LGPS, the Stewardship Code, good governance and protecting capital: I have spent the last decade leading Bedfordshire Pension Fund (BPF) as chairman of the pensions committee. We are facing many challenges, not least the reforms that the… dlvr.it/RKfJrD

    Room 151 4 hours ago

    Active managers still in the game: Under performance and high costs have given active management a bad press, some of it well deserved. But it appears to be on the brink of a renaissance with some[...] dlvr.it/RKfJjR pic.twitter.com/yyAcm1wSMy

    Room 151 1 day ago

    Court ruling leaves councils facing compensation bills for water overcharging: Councils could face compensation costs running into the millions after the High Court ruled that a council unlawfully overcharged its tenants for supplying water from 2002,… dlvr.it/RKZnQK pic.twitter.com/tawdmA9wlE

    Room 151 1 day ago

    Election 2019: “Stark” differences in parties’ proposals for council funding: Conservative Party manifesto proposals would not meet rising costs faced by councils, while Labour Party policies would meet demand even with a council tax freeze, according to… dlvr.it/RKZnNT pic.twitter.com/F16kSfQrXI

    Room 151 2 days ago

    LGPS women discuss: climate & pension fund investing: Climate change has become one of the biggest issues for asset owners and managers as they move to tackle global warming. Room151 convened a roundtable of LGPS practitioners and advisers[...] dlvr.it/RKXsWW pic.twitter.com/3rtUTapwkF

    Room 151 3 days ago

    Interview: Doug Heron, CEO, Lothian Pension Fund: Doug Heron is heading towards marking one year at Lothian after making the switch from the world of fintech platforms to local government pensions. He talks to Room151 about core[...] dlvr.it/RKSQPK pic.twitter.com/ltHR6AS5gD

    Room 151 6 days ago

    LGPS and the climate change revolution: The pressure to integrate climate change thinking into LGPS asset management is growing. At the Room 151 LGPS Asset Allocation Forum, experts insisted climate be seen as a strategic issue[...] dlvr.it/RKK1cY pic.twitter.com/G87J33R4yS

    Room 151 6 days ago

    Conference chairs, ‘tree-hugging’ and overcharging pension investors: I have a story about two LGPS conferences, two conference chairs and an industry that appears to be changing for the better. I know, sounds like a real doozy, but[...] dlvr.it/RKK1Xy pic.twitter.com/6zYQFuuwAr

    Room 151 6 days ago

    Council feels financial squeeze on housing company pledge: The London Borough of Newham is set to approve a £113.1m funding package to support the latest phase of homes being developed by its wholly-owned housing company- but has admitted[...] dlvr.it/RKHwWy pic.twitter.com/jFrVeCWSw6

    Room 151 7 days ago

    Lack of benefits prompts shared services rethink: A major local authority shared services venture involving Northamptonshire County Council is to be restructured after it was revealed that a number of service areas were only included to boost[...] dlvr.it/RKDypl pic.twitter.com/f0R37mvCtP

    Room 151 1 week ago

    Council report casts doubt on emergence of competitive PWLB alternatives: A report by London Borough of Haringey finance officers has sounded the alarm over the options for councils to find cheaper lenders than the Public Works Loans Board (PWLB)… dlvr.it/RKDJxX pic.twitter.com/dRium0oigT

  • Categories

    • 151 News
    • Agent 151
    • Blogs
    • Chris Buss
    • Cllr John Clancy
    • Dan Bates
    • David Crum
    • David Green
    • Development
    • Forum
    • Funding
    • Graham Liddell
    • Ian O'Donnell
    • Interviews
    • Jackie Shute
    • James Bevan
    • Jobs
    • LGPSi
    • Mark Finnegan
    • Recent Posts
    • Resources
    • Richard Harbord
    • Stephen Fitzgerald
    • Stephen Sheen
    • Steve Bishop
    • Technical
    • Treasury
    • Uncategorized
  • Archives

    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
  • Previous story UK domiciled funds may benefit from Brexit
  • Next story Study finds home care fees still under pressure

© Copyright 2019 Room 151. Typegrid Theme by WPBandit.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies from this website.OK