West Oxfordshire Council agrees budget for next financial year as inflation hits local services
The new budget agreed by the council includes a council tax rise of £5 (4.4%) per year for the average band D household. As part of the funding settlement from the government, it was expected that all local authorities raise their council tax.
Cllr. Dan Levy, the cabinet member for finance, said: "The district council is facing a number of financial challenges as a result of increased costs due to inflation, over a decade of funding cuts from the government, and yet again a real terms cut in our funding for this year from the government.
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Hide Ad"However, while we have challenges, we are confident that through sensible management of our limited funding, we can continue to deliver good local services and also have opportunities to invest in the things we know matter to local residents.
"We consulted with residents on how we managed our budget this year and I would like to thank the hundreds of residents who responded. We have looked at every response and they have helped us set this budget, which we believe is a good value budget for local residents.
"We will continue to work closely with local partners such as the county council and police to pool resources and approach local challenges together to do more for local communities. This includes looking at where we can bring in external funding to help support communities, which we have had success with recently.”